Sony is one of six official Fifa partners which sponsored the 2014 World Cup, along with Coca-Cola, Emirates, Visa, Kia-Hyundai and Adidas.
But Sony does not plan to renew its sponsorship with Fifa at the end of this year, according to a report by Reuters. Instead, the brand apparently plans to focus on its cost-cutting efforts, announced earlier this year.
Sony's eight-year partnership with Fifa was reportedly worth 33 billion yen (£178m).
Sony has yet to comment on the news, but the decision follows Emirates becoming the first major sponsor to back out of its Fifa contract earlier this month.
Emirates blamed contractual issues at the time, while Fifa said it had been aware since 2012 that the airline would not renew.
Botched corruption investigation
According to multiple reports, however, the corruption allegations that have dogged Fifa since the summer were also a consideration.
Though the report has not been published in full for legal reasons, Fifa has cleared Russia and Qatar of any wrongdoing.
But the body was plunged into further crisis after lead investigator Michael Garcia disowned the initial summary, claiming it misled his findings.
The report is set to undergo further scrutiny by the chairman of Fifa's audit and compliance committee, Domenico Scala.
Sponsor Coca-Cola also slammed the investigation this week, describing the confusion as "disappointing".
A spokesman for the soft drinks giant said: "Anything that detracts from the mission and ideals of the Fifa World Cup is a concern to us.
"The current conflicting perspectives regarding the investigation are disappointing. Our expectation is that this will be resolved quickly in a transparent and efficient manner."