Growth, Stable Earnings and Risk Control Areas, and ROIC by Business

「ソニー・インタラクティブエンタテインメント（SIE）は、PS5の新カラーバリエーション「PlayStation 5 デジタル・エディション ミッドナイト ブラック 日本語専用」を2026年11月19日（木）に発売すると発表しました。」

「The G&NS segment's performance in fiscal 2025 reflected stable revenue growth from network services and game software sales, supported by the expanded PS5 installed base, and resulted in the segment achieving record-high profit. Against this backdrop, Sony aims to achieve stable business growth through higher revenue from PlayStation®Plus, hereinafter “PS Plus”, maximizing average revenue per user on the PlayStation®Store, increasing sales of internally developed game software, and strengthening cost control and supply chain management.」

「Revenue: ¥2,049.7 billion (up ¥113.3 billion year on year; foreign exchange impact: down ¥35.3 billion) (+) Higher sales of third-party game software including add-on content (+) Higher revenue from network services Operating income: ¥268.3 billion (up ¥64.3 billion year on year; foreign exchange impact: up ¥10.7 billion) (+) Impact of higher revenue from network services (+) Impact of higher sales of third-party game software including add-on content (-) Partial impairment loss of ¥31.5 billion recognized on intangible assets and other assets of Bungie, Inc. in connection with Destiny 2」

「The performance of the G&NS segment in fiscal 2024 reflected stable growth in user engagement, supported by the expanding PS5 installed base, continued strong momentum in sales of game software including add-on content, and ongoing revenue growth from network services due partly to a shift toward higher tiers of PlayStation®Plus, hereinafter “PS Plus”.」

「Revenue increased by ¥210.5 billion year on year to ¥1,936.4 billion. This substantial increase was mainly due to the impact of foreign exchange, higher sales of third-party game software including add-on content, and higher revenue from network services, primarily PlayStation®Plus, despite lower hardware revenue resulting from lower unit sales. Operating income increased by ¥106.0 billion year on year to ¥204.1 billion.」

「In fiscal 2023, G&NS revenue increased by ¥623.1 billion year on year to ¥4,267.7 billion. Operating income increased by ¥40.2 billion year on year to ¥290.2 billion.」

「Revenue increased by ¥599.0 billion year on year to ¥3,170.4 billion. This substantial increase was mainly due to higher sales of third-party game software, including add-on content, the impact of foreign exchange, and higher hardware sales. Operating income decreased by ¥26.9 billion year on year to ¥184.2 billion. This decrease was mainly due to higher hardware losses, resulting from factors including promotional activities, and lower sales of internally developed game software, as well as higher costs primarily related to the impact of acquisitions including Bungie*, despite the impact of higher sales of the aforementioned third-party game software and the favorable impact of foreign exchange.」

「Revenue increased by ¥401.1 billion year on year to ¥1,726.0 billion. This substantial increase was mainly due to higher hardware sales, higher sales of third-party game software including add-on content, and the impact of foreign exchange. Operating income increased by ¥3.2 billion year on year to ¥98.1 billion. Adjusted OIBDA increased by ¥24.5 billion year on year to ¥158.9 billion.」

「Revenue increased by ¥167.8 billion year on year to ¥771.9 billion. This substantial increase was mainly due to higher sales of third-party game software, including add-on content, higher hardware sales, and the impact of foreign exchange. Operating income decreased by ¥3.6 billion year on year to ¥49.2 billion.」

「Unit sales in the fourth quarter of fiscal 2022 reached 6.3 million, and full-capacity production continued.」

「Revenue increased by ¥496.9 billion year on year to ¥2,571.4 billion. This substantial increase was mainly due to the impact of foreign exchange, higher hardware sales, and higher sales of internally developed game software, despite a decline in sales of third-party game software, including add-on content. Operating income decreased by ¥47.7 billion year on year to ¥211.1 billion. This decrease was mainly due to costs associated with acquisitions completed during the current cumulative consolidated reporting period, including Bungie, Inc.*, higher costs primarily related to game software development, the impact of lower sales of the aforementioned third-party game software, and the adverse impact of foreign exchange resulting from the high proportion of costs denominated in U.S. dollars.」

「Revenue increased by ¥63.6 billion year on year to ¥1,324.9 billion. This increase was mainly due to the impact of foreign exchange, despite a decline in sales of third-party game software, including add-on content. Operating income decreased by ¥71.0 billion year on year to ¥94.9 billion. This substantial decrease was mainly due to higher costs, primarily game software development costs and costs associated with acquisitions including Bungie, Inc.*, the impact of lower sales of the aforementioned third-party game software, and the adverse impact of foreign exchange resulting from the high proportion of costs denominated in U.S. dollars.」

「Revenue decreased by ¥11.7 billion year on year to ¥604.1 billion. This decrease was mainly due to lower sales of third-party game software, including add-on content, and lower sales of internally developed game software, despite the impact of foreign exchange. Operating income decreased by ¥30.5 billion year on year to ¥52.8 billion. This substantial decrease was mainly due to the impact of lower game software sales and higher costs, primarily game software development costs at existing studios.」

「Against this backdrop, we will continue working to secure components and expand the installed base of PS5™, while pursuing initiatives under 3 growth strategies to expand and strengthen services, expand our portfolio, and expand our customer base, with a view to future growth through maintaining and expanding user engagement and growing communities beyond the console.」

「Revenue increased by ¥78.5 billion year on year to ¥2,074.5 billion. This increase was mainly due to higher unit sales of PlayStation®5 hardware and the impact of foreign exchange, despite the effects of lower sales of game software, including add-on content, and lower unit sales of PlayStation®4 hardware. Operating income decreased by ¥51.2 billion year on year to ¥258.8 billion. This decrease was mainly due to the impact of lower game software sales, despite the favorable impact of foreign exchange.」

「Revenue increased by ¥148.5 billion year on year to ¥1,261.2 billion. This substantial increase was mainly due to higher sales of hardware and peripherals and the impact of foreign exchange, despite a decline in sales of game software, including add-on content. Operating income decreased by ¥63.3 billion year on year to ¥165.9 billion. This substantial decrease was mainly due to the impact of lower game software sales, losses resulting from strategic pricing of PlayStation®5 hardware below manufacturing cost, and the deterioration in hardware profitability resulting from lower unit sales of PlayStation®4 hardware.」

「Revenue increased by ¥9.7 billion year on year to ¥615.8 billion. This increase was mainly due to higher sales of hardware and peripherals and the impact of foreign exchange, despite a decline in sales of game software developed by third parties, including add-on content. Operating income decreased by ¥40.6 billion year on year to ¥83.3 billion. This substantial decrease was mainly due to the impact of lower sales of the aforementioned third-party game software, losses resulting from strategic pricing of PlayStation®5 hardware below manufacturing cost, the deterioration in hardware profitability resulting from lower unit sales of PlayStation®4 hardware, and higher selling, general and administrative expenses, despite the favorable impact of foreign exchange.」

「As of 31 March 2021, PSN had more than 109 million monthly active accounts, and we are steadily expanding the service base.」

「Revenue increased by ¥452.0 billion year on year to ¥1,996.0 billion. This substantial increase was mainly due to higher revenue from game software, including add-on content, driven by increased digital consumption resulting from the spread of COVID-19, and higher hardware revenue accompanying the launch of PlayStation®5 (hereinafter, “PS5™”), despite lower revenue from PlayStation®4 (hereinafter, “PS4®”) hardware. Operating income increased by ¥116.9 billion year on year to ¥309.2 billion, despite higher costs, mainly due to the impact of higher revenue from the aforementioned game software and network services, particularly PlayStation® Plus.」

「Revenue increased by ¥200.9 billion year on year to ¥1,112.7 billion. This substantial increase was mainly due to higher revenue from game software, including add-on content, and PlayStation® Plus, driven by increased digital consumption resulting from the spread of COVID-19, as well as strong sales of internally developed software, despite lower revenue from PlayStation®4 hardware. Operating income increased by ¥90.2 billion year on year to ¥229.0 billion, despite higher costs, mainly due to the impact of the aforementioned increases in revenue from game software and PS Plus.」

「Revenue increased by ¥148.6 billion year on year to ¥606.1 billion. This substantial increase was mainly due to significantly higher revenue from game software and PlayStation® Plus (hereinafter, “PS Plus”), despite lower revenue from PlayStation 4 hardware. Operating income increased by ¥50.2 billion year on year to ¥124.0 billion, despite higher costs, mainly due to the impact of the significant increases in revenue from the aforementioned game software and PS Plus.」

「Revenue in the G&NS business in fiscal 2019 decreased by ¥333.3 billion from the previous fiscal year to ¥1,977.6 billion. Operating income decreased by ¥72.7 billion to ¥238.4 billion. In fiscal 2020, we will continue these activities while focusing on the launch of PS5.」

「Revenue decreased by ¥268.8 billion year on year to ¥1,544.0 billion. This substantial decline was mainly due to lower revenue from game software, PlayStation®4 hardware and the impact of foreign exchange. Operating income decreased by ¥54.9 billion year on year to ¥192.2 billion.」

「Revenue decreased by ¥110.3 billion year on year to ¥911.9 billion. This decline was mainly due to the significant contribution from internally developed game software in the same period of the previous year, lower revenue from PlayStation 4 hardware, the impact of foreign exchange and lower revenue from third-party game software, despite higher revenue from network services, including PS Plus. Operating income decreased by ¥35.3 billion year on year to ¥138.8 billion.」

「Revenue decreased by ¥14.6 billion year on year to ¥457.5 billion. This decline was mainly due to the significant contribution from internally developed game software in the same period of the previous year, the impact of foreign exchange and lower revenue from third-party game software, despite higher revenue from PS4® hardware and network services, including PS Plus. Operating income decreased by ¥9.6 billion year on year to ¥73.8 billion, despite higher revenue from PS4® hardware and network services, including PS Plus, and improved profitability, mainly due to the impact of lower revenue from the aforementioned game software, including high-margin internally developed titles, and the adverse impact of foreign exchange.」

「As of the end of March 2019, PSN had more than 94 million monthly active users, and we are steadily expanding the service base. Through a strong software lineup, including “Marvel's Spider-Man,” and innovative network services, we will continue working to expand the PlayStation®4 platform and provide an even richer interactive entertainment experience.」

「Revenue increased by ¥313.5 billion year on year to ¥1,812.8 billion, mainly due to higher revenue from game software. Operating income increased by ¥89.3 billion year on year to ¥247.2 billion, mainly due to the impact of the aforementioned increase in revenue.」

「Revenue increased by ¥240.9 billion year on year to ¥1,022.2 billion, mainly due to higher revenue from game software. Operating income increased by ¥101.6 billion year on year to ¥174.1 billion, mainly due to the impact of the aforementioned increase in revenue.」

「Revenue increased by ¥124.0 billion year on year to ¥472.1 billion, mainly due to higher revenue from PS4 software, including sales through the network. Operating income increased by ¥65.7 billion year on year to ¥83.5 billion, mainly due to the impact of the aforementioned increase in revenue.」

「As of the end of March 2018, PSN had more than 80 million monthly active users, and we are steadily expanding the service base. We will continue working to expand the PlayStation®4 platform and increase user engagement through an extensive software lineup and innovative network services.」

「Revenue increased by ¥231.3 billion year on year to ¥1,499.2 billion, mainly due to higher revenue from PS4® software, including sales through the network, and the impact of foreign exchange. Operating income increased by ¥44.8 billion year on year to ¥157.8 billion, mainly due to the impact of the aforementioned increase in revenue.」

「Revenue in the G&NS business increased 35.4% year on year to ¥433.2 billion (up 25% using the exchange rates for the same period of the previous year). This substantial increase was mainly due to higher revenue from PS4® software, including sales through the network, the impact of foreign exchange and higher revenue from PS4® hardware. Operating income increased by ¥35.8 billion year on year to ¥54.8 billion.」

「PS4® sales of 18 million units are planned for fiscal 2017, and cumulative sales are expected to reach 78 million units by the end of fiscal 2017.」

「Under the mid-term management plan, we consider the G&NS business to be the largest driver of Sony’s growth. In this business, worldwide cumulative sell-in sales of PS4® exceeded 53.4 million units in January 2017, and the platform has continued to expand at the fastest pace in the history of PlayStation hardware. Supported by many customers as a whole platform, including network services, it has achieved profit growth exceeding expectations at the time the mid-term management plan was formulated.」

「Under the mid-term management plan, we consider the Games & Network Services business to be the largest driver of Sony’s growth. In this business, worldwide cumulative sell-in sales of “PlayStation 4” exceeded 40 million units in May 2016, and the platform has continued to expand at the fastest pace in the history of PlayStation hardware. Supported by many customers as a whole platform, including network services, it has achieved profit growth exceeding expectations at the time the mid-term management plan was formulated.」

「Taking into account the characteristics of each business and the market environment, we classify each business from the perspective of the business portfolio as a “growth-driving business,” a “stable-earnings business” or a “business subject to control of business volatility risk.” We then set target values for return on invested capital (ROIC) for each business, linked to the Sony Group’s overall ROE target, and manage the businesses with an emphasis on profitability.」