Sony has published its financial report for the financial year ending March 31. In summary, the company’s image sensor division is posting record sales, entertainment (movies, TV, music) and performing well and playstation operating income is increasing (Games and PS Plus mostly). Meanwhile, Sony’s smartphone business is small and this is also decreasing.
Imaging and Sensing Solutions (I & SS) Division reported the sale of JPY 1.799 trillion for JPY 196 billion as compared to last year. Operating income increased by 261 billion, JPY 67.6 billion year-to-year. Sony noted that foreign exchange rates increased these numbers more.
The I & SS Division saw an increase in sales of the unit of smartphone image sensor combined with a better product mixture (ie it was selling models with higher value). However, the division report has increased manufacturing costs and warns of high R&D costs – but this is because it is going into a more advanced semiconductor node than expected. The goal is to increase the density of horizontal and vertical aircraft.
The major takeaay from the report is: I & SS Division saw a record high sales and operational income.
Entertainment, Technology and Services (ET&S) Division is home to various Sony Electronics: TV, Still and Video Camera, Audio and Video Equipment and, for us, significantly for smartphones. The news is not good. Sales for divisions decreased slightly (JPY 2.453 trillion to JPY 2.409 trillion), but operational income was slightly fixed (JPY from 187 billion to JPY from 190 billion).
No thanks to the smartphone segment – Mobile Communications contributed 279 billion JPY, which was below 299 billion for the last financial year. For reference, about half of what has been brought in the TV segment is about half. It has been said that both TV and smartphone had less sales in terms of units.
Sports and Network Services (G& NS) Strong sales of sports seen (and ad-on content)-Most third-party games, first-sided games are below. More users moved to high levels of playstation plus, leading to increase in revenue for network services. However, hardware sales are low.
G&S reported an operational income of JPY 4.670 trillion for the year (from JPY 4.267 trillion) and an operational income of JPY 414 billion (above JPY 290 billion).
There may be interest in including other divisions Soni Pictures – Movie sales were increasing, TV productions down (digits for Sony WGA and SAG strike), online subscription and advertising revenue are also below. Crunchyroll (Sony’s Anime Streaming Platform) reported an increase in customers paid, causing high revenue. Alamo Drafthouse Theaters’ acquisition of Sony also feels good.
Soni music High sales report with streaming sales contribute to the largest amount. Overall operational income JPY increased from 301 billion to JPY 357 billion.
You can follow the source link to read the complete report.
