Sony Group Corporation · TSE:6758

Sony — Q2 2021 Earnings Presentation

13 slides from Sony's earnings presentation, Oct 28, 2021

  1. Slide 1: Q2 FY2021 Consolidated Financial Results

    Q2 FY2021 Consolidated Financial Results (Three months ended September 30, 2021) October 28, 2021 Sony Group Corporation Q2 FY2021 Consolidated Results (Bln Yen) Q2 FY20 Q2 FY21 Change Sales* 2,105.1 2,369.4 +264.2 bln yen (+13%) Operating income 315.2 318.5 +3.2 bln yen (+1%) Income before income t

  2. Slide 2: Q2 FY2021 Consolidated Results: Year-on-year Change

    Q2 FY2021 Consolidated Results: Year-on-year Change Year-on-year Contributing Factors Change (+) Better/(-) Worse ・(+) Significant increases in G&NS, Pictures and Music segments sales Sales +264.2 bln yen ・(+) Increase in EP&S segment sales +13 % On a constant currency basis*, sales increased approx

  3. Slide 3: Adjusted Income Before Income Taxes (Q2)

    Adjusted Income Before Income Taxes (Q2) Income Before Adjusted Income Adjusted Income Before Income Taxes excludes the following items* Income Taxes Before Income Taxes  Gain recorded in connection with a business transfer (Music segment: +5.9 billion yen) Inventory write-downs of certain image se

  4. Slide 4: Adjusted Net Income Attributable to Stockholders (Q2)

    Adjusted Net Income Attributable to Sony Group Corporationʼs Stockholders (Q2) Q2 FY20 (Bln Yen) Net Income Income Before Effective Attributable to Sony Taxes Income Taxes Tax Rate Group Corporationʼs Stockholders Financial results 303.7 -157.9 -52.0% 458.6 Adjusted items impacting effective tax rat

  5. Slide 5: 1H FY2021 Consolidated Results

    1H FY2021 Consolidated Results (Bln Yen) 1H FY20 1H FY21 Change Sales 4,068.1 4,626.2 +558.1 bln yen (+14%) Operating income 536.9 598.5 +61.6 bln yen (+11%) Income before income taxes 572.3 566.3 -6.0 bln yen (-1%) Net income attributable to Sony Group Corporationʼs 652.2 424.9 -227.2 bln yen stock

  6. Slide 6: Adjusted Income Before Income Taxes (1H)

    Adjusted Income Before Income Taxes (1H) Income Adjusted Income Adjusted Income Before Income Taxes excludes the following Before Before Income items* Income Taxes Taxes  Gain on the sale of a portion of shares of Pledis Entertainment Co., Ltd. (Music segment: +7.2 bln yen)  Gain recorded in conne

  7. Slide 7: Adjusted Net Income Attributable to Stockholders (1H)

    Adjusted Net Income Attributable to Sony Group Corporationʼs Stockholders (1H) 1H FY20 (Bln Yen) Net Income Income Before Effective Attributable to Sony Taxes Income Taxes Tax Rate Group Corporationʼs Stockholders Financial results 572.3 -93.5 -16.3% 652.2 Adjusted items impacting effective tax rate

  8. Slide 8: FY2021 Consolidated Results Forecast

    FY2021 Consolidated Results Forecast (Bln Yen) FY21 FY21 Change from FY20 August FCT October FCT August FCT Sales 8,998.7 9,700 9,900 +200 bln yen (+2%) Operating income 955.3 980 1,040 +60 bln yen (+6%) Income before income taxes 998.0 955 990 +35 bln yen (+4%) Net income attributable to Sony Group

  9. Slide 9: Game & Network Services Segment; Music Segment

    Game & Network Services Segment (G&NS Segment) Sales and Operating Income (Bln Yen) Q2 FY2021 (year-on-year) Sales Operating Income  Sales: 138.8 bln yen (27%) significant increase (FX Impact: +20.7 bln yen) 645.4 ·(+) Increase in sales of hardware ·(+) Impact of foreign exchange rates 506.6 ·(+) I

  10. Slide 10: Pictures Segment; Electronics Products & Solutions Segment

    Pictures Segment Sales and Operating Income Q2 FY2021 (year-on-year) (Bln Yen) Sales The following analysis is on a U.S. dollar basis Operating Income  Sales: 74.2 bln yen (40%) significant increase (U.S. dollar basis: 612 mil 260.7 USD / 35 %) 186.6 ·(+) Higher sales for Television Productions due

  11. Slide 11: Imaging & Sensing Solutions Segment; Financial Services Segment

    Imaging & Sensing Solutions Segment (I&SS Segment) Sales and Operating Income Q2 FY2021 (year-on-year) (Bln Yen) Sales Operating Income 307.1  Sales: 28.8 bln yen (9%) decrease (FX Impact: +8.7 bln yen) 278.3 ·(ー) Decrease in sales of image sensors for mobile products ·(ー) Deterioration of the prod

  12. Slide 12: Fourth Mid-Range Plan Capital Allocation (excl. Financial Services)

    Fourth Mid-Range Plan Capital Allocation (excl. Financial Services) Breakdown of Capital Allocation Resources of Capital Allocation (Trillion yen) 3.8 or more 3.8 or more Carry-over from the 3 rd Mid-Range 0.4 plan and earlier *1 0.3 or more Asset sales / Debt financing 2.8 2.0 2.8 or more *1 0.2 As

  13. Slide 13: Cautionary Statement

    Cautionary Statement Statements made in this presentation with respect to Sonyʼs current plans, estimates, strategies and beliefs and other statements that are not historical facts are forward-looking statements about the future performance of Sony. Forward-looking statements include, but are not li

Sony Group — Q2 2021 Earnings Presentation on 6ix