Fifth Mid-Term Corporate Strategy centered on operating income growth, operating margin and total payout ratio
First written in FY2024. 6 of 10 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-07-31.
The whole theme swung hardest in 2026: 8 of 49 companies on the "Worse" side.
21 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In fiscal 2025, G&NS, Music and I&SS, which are driving profit growth across the Group, posted record-high profits. The compound annual growth rate in operating income on a continuing-operations basis from fiscal 2023 was 18%, and the cumulative operating margin for fiscal 2024 and fiscal 2025 was 11.1%.」
Progress under the Fifth Medium-Term Corporate Strategy included an 18% compound annual growth rate in operating income and an 11.1% cumulative operating margin over the two-year period, both on a continuing-operations basis. The operating cash flow outlook was revised to ¥5.7 trillion and capital expenditures to ¥1.8 trillion, while the ¥1.8 trillion strategic investment target was maintained. - FY2026-H1Restatement and decrease in operating cash flow on a continuing-operations basisAnnual report
「Operating cash flow from continuing operations showed a net inflow of ¥492.3 billion, a ¥79.9 billion decrease in inflows from the same period of the previous year.」
Following the restatement that classified the financial services business as a discontinued operation, operating cash flow for the interim period on the continuing-operations basis emphasized in the Fifth Medium-Term Corporate Strategy was ¥492.3 billion, down ¥79.9 billion from the same period of the previous year. - FY2025AdvancedAnnual report
「In fiscal 2024, the G&NS and I&SS segments primarily drove earnings growth. On a consolidated basis excluding the financial business, operating income growth from fiscal 2023 was 23%, and the operating margin was 10.6%.」
In the first year of the Fifth Medium-Term Corporate Strategy, operating income growth excluding the financial services sector was 23% and the operating margin was 10.6%, exceeding each target range. The operating cash flow outlook was revised from ¥4.5 trillion to ¥4.8 trillion. - FY2025-H1AdvancedAnnual report
「On a consolidated basis excluding the financial business, Sony recorded a net cash inflow of ¥57.22 billion during the current interim consolidated accounting period, compared with a net cash outflow of ¥7.37 billion in the same period of the previous year.」
Regarding operating cash flow, a key focus of the Fifth Mid-Term Corporate Strategy, cash flow excluding the financial business improved in the interim period from a net outflow in the same period of the previous year to a net inflow of ¥57.22 billion. - FY2024First statedAnnual report
「Under the Fifth Mid-Term Corporate Strategy, greater emphasis was placed on earnings-based growth, and the growth rate and operating margin of consolidated operating income excluding the financial business were adopted as Group KPIs. Specifically, the targets are an average annual growth rate of at least 10% in consolidated operating income over 3 years and a cumulative consolidated operating margin of at least 10% over 3 years.」
Under the Fifth Mid-Term Corporate Strategy for fiscal 2024 to fiscal 2026, targets were set for an average annual growth rate of at least 10% in operating income excluding the financial business and a cumulative operating margin of at least 10% over 3 years. The plan also calls for ¥1.7 trillion in capital expenditures, ¥1.8 trillion in strategic investments, ¥4.5 trillion in operating cash flow and a total payout ratio of approximately 40% in fiscal 2026.