Sony has revealed its monetary report for the fiscal yr that ended on March 31. In abstract, the corporate’s picture sensor division is posting report gross sales, leisure (motion pictures, TV, music) is doing effectively and PlayStation working earnings is rising (from video games and PS Plus principally). In the meantime, Sony’s smartphone enterprise is small and continues to shrink.
The Imaging & Sensing Options (I&SS) division reported gross sales of JPY 1.799 trillion for the yr, up JPY 196 billion in comparison with the earlier yr. Working earnings rose to JPY 261 billion, up JPY 67.6 billion year-on-year. Sony notes that overseas alternate charges boosted these numbers increased.
The I&SS division noticed elevated unit gross sales of smartphone picture sensors mixed with an improved product combine (i.e. it was promoting extra of the dear fashions). Nevertheless, the division studies elevated manufacturing prices and warns of upper R&D prices – however that’s as a result of it’s shifting to a extra superior semiconductor node earlier than anticipated. The objective is to extend the density of the horizontal and vertical planes.
The important thing takeaway from the report is that this: the I&SS division noticed report excessive gross sales and working earnings.
The Leisure, Expertise & Companies (ET&S) division is residence to varied Sony electronics: TVs, nonetheless and video cameras, audio and video tools and, crucially for us, smartphones. The information isn’t good. Gross sales for the division dropped a bit (from JPY 2.453 trillion to JPY 2.409 trillion), however working earnings ticked up a bit (from JPY 187 billion to JPY 190 billion).
No because of the smartphone phase – Cellular Communications contributed JPY 279 billion, down from JPY 299 billion for the earlier fiscal yr. For context, that’s about half of what the TV phase introduced in. That mentioned, each TV and smartphone gross sales have been down by way of items bought.
Sport & Community Companies (G&NS) noticed sturdy gross sales of video games (and add-on content material) – principally third-party video games, first-party video games are down. Extra customers shifted in the direction of increased tiers of PlayStation Plus, which elevated revenues for community providers. Nevertheless, {hardware} gross sales are down.
G&NS reported whole gross sales of JPY 4.670 trillion for the yr (up from JPY 4.267 trillion) and an working earnings of JPY 414 billion (up from JPY 290 billion).
Different divisions it’s possible you’ll be keen on embrace Sony Footage – film gross sales have been up, TV productions down (Sony factors to the WGA and SAG strikes), additionally on-line subscriptions and promoting income is down. Crunchyroll (Sony’s anime streaming platform) reported a development in paid subscribers, which led to increased revenues. Sony’s acquisition of the Alamo Drafthouse cinemas additionally appears to be going effectively.
Sony Music studies increased gross sales with streaming gross sales contributing the biggest quantity. Total working earnings went up from JPY 301 billion to JPY 357 billion.
You’ll be able to observe the Supply hyperlink to learn the complete report.
Supply (PDF)
