Sony Group Corp. posted record operating income of 1.41 trillion yen ($9.2 billion) for the fiscal year ended March 31, driven primarily by strong performance in its PlayStation business where monthly active users rose 5% year-on-year.
The Tokyo-based conglomerate announced plans to proceed with the partial spin-off of its Financial Services unit in October, a move that will result in accounting losses but no reduction in total equity. The company also established a 250 billion yen share buyback facility and increased its annual dividend by 5 yen per share.
For fiscal 2025, Sony forecasts operating income of 1.38 trillion yen before accounting for an estimated 100 billion yen impact from additional US tariffs. “Given that the business environment is uncertain, including the impact of additional US tariffs and concerns about a global economic slowdown, we plan to operate our business this fiscal year under cautious assumptions,” said CEO Hiroki Totoki.
The company’s entertainment businesses now account for approximately 61% of consolidated sales, with Crunchyroll’s streaming service exceeding 17 million paid subscribers. Sony aims to further strengthen its position through strategic partnerships with KADOKAWA CORPORATION and Bandai Namco.
In its image sensor business, Sony plans to introduce a new generation process to maintain its competitive edge while exploring options to control capital investments.
