Slide 1: FY2023 Consolidated Financial Results
FY2023 Consolidated Financial Results (Fiscal year ended March 31, 2024) May 14, 2024 Sony Group Corporation FY2023 Consolidated Results (Bln Yen) Sony without Financial Services Consolidated FY22 FY23 Change FY22 FY23 Change +1,163.1 +2,046.4 Sales* 10,102.0 11,265.0 （+12%） 10,974.4 13,020.8 （+19%）
Slide 2: Q4 FY2023 Consolidated Results
Q4 FY2023 Consolidated Results (Bln Yen) Sony without Financial Services Consolidated Q4 FY22 Q4 FY23 Change Q4 FY22 Q4 FY23 Change +236.6 +440.1 Sales 2,574.3 2,811.0 （+9%） 3,040.8 3,481.0 （+14%） +108.6 +82.9 Operating income 94.7 203.3 （+115%） 146.5 229.4 （+57%） Operating income margin 4% 7% +3pts
Slide 3: Adjusted Income (Sony without Financial Services)
Adjusted Income (Sony without Financial Services) *1 (Bln Yen) FY22 FY23 Change from FY22 Before Non-recurring Before Non-recurring Before Adjusted Adjusted Adjusted adjustment (profit) / loss*2 adjustment (profit) / loss*2 adjustment Operating income 983.3 -5.7 977.6 1,035.3 -6.0 1,029.3 +52.0 +51.
Slide 4: Non-Recurring Profit and Loss (Sony without Financial Services)
Non-Recurring Profit and Loss (Sony without Financial Services) (Bln Yen) Q4 Q4 FY22 FY23 FY22 FY23 Items included in operating income (before Items included in operating income (before adjustment) － +5.7 adjustment) － +6.0 Impact of litigation settlements, net of expenses, Remeasurement gain result
Slide 5: Adjusted Income (Q4, Consolidated)
Adjusted Income (Q4・Consolidated) * (Bln Yen) Q4 FY22 Q4 FY23 Change from Q4 FY22 Before Non-recurring Before Non-recurring Before Adjusted Adjusted Adjusted adjustment (profit) / loss adjustment (profit) / loss adjustment Operating income 146.5 － 146.5 229.4 -19.8 209.7 +82.9 +63.1 （+57%） （+43%） In
Slide 6: FY2023 Cash Flow by Segment
FY2023 Cash Flow (CF) by Segment (Sony without Financial Services) (Bln Yen) FY22 FY23 Operating CF -168.5 138.5 Game & Network Services (G&NS) Investing CF -305.3 -149.2 Free CF*1 -473.8 -10.7 Operating CF 181.3 247.1 Music Investing CF -25.2 -214.0 Free CF 156.1 33.1 Operating CF 28.6 175.7 Pictur
Slide 7: Q4 FY2023 Results by Segment
Q4 FY2023 Results by Segment Q4 FY22 Q4 FY23 Change FX Impact (Bln Yen) Sales 1,073.2 1097.3 +24.1 +102.9 Game & Network Services (G&NS) Operating income 38.9 106.0 +67.1 +6.2 Adjusted OIBDA 62.7 135.8 +73.1 Sales 349.5 429.9 +80.4 +34.8 Music Operating income 60.4 71.2 +10.8 Adjusted OIBDA 75.5 90.
Slide 8: FY2024 Consolidated Results Forecast: Change from FY2023
FY2024 Consolidated Results Forecast: Change from FY2023 Year-on-year Contributing Factors Change (+) Better／(-) Worse ・(ー) Significant decrease in Financial Services segment sales and decreases Sales -710.8 bln yen in ET&S and G&NS segments sales -5% ・(+) Significant increase in I&SS segment sales
Slide 9: Game & Network Services Segment
Game & Network Services Segment (G&NS Segment) Sales, Operating Income and Adjusted OIBDA (Bln Yen) Sales Operating Income FY2023 (year-on-year) Adjusted OIBDA Sales: 623.1 bln yen (17%) significant increase (FX Impact: +278.9 bln yen) ·(+) Increase in sales of non-first-party titles including add
Slide 10: Pictures Segment
Pictures Segment Sales, Operating Income and Adjusted OIBDA Sales (Bln Yen) FY2023 (year-on-year) Operating Income The following analysis is on a U.S. dollar basis Adjusted OIBDA Sales: 123.6 bln yen (9%) increase (U.S. dollar basis: +174 mil USD / +2%) ·(+) Increase in theatrical releases ·(+) Hi
Slide 11: Imaging & Sensing Solutions Segment
Imaging & Sensing Solutions Segment (I&SS Segment) Sales, Operating Income and Adjusted OIBDA FY2023 (year-on-year) (Bln Yen) Sales Sales: 200.6 bln yen (14%) significant increase (FX Impact: +99.2 bln yen) Operating Income ·(+) Increase in sales of image sensors for mobile products Adjusted OIBDA
Slide 12: Financial Services Segment
Financial Services Segment Sony Life Operating Income Breakdown Sony Life Policy Amount in Force Insurance Service Result Investment Result Other Other Result （Bln Yen） （Trn Yen） 70 150.0 66.6 65 100.0 102.6 60 46.1 23.3 22.4 55 50.0 32.7 12.9 42.9 42.1 40.8 42.7 48.0 46.4 50 34.1 34.0 0.0 -12.1 -15
Slide 13: Reconciliation Table for Adjusted OIBDA
Reconciliation Table for Adjusted OIBDA (Bln Yen) FY22 FY23 Depreciation Non-recurring Depreciation Non-recurring Operating Adjusted Operating Adjusted and (profit) / and (profit) / Income Amortization*1 OIBDA Income Amortization*1 OIBDA loss*2 loss*2 Game & Network Services (G&NS) 250.0 87.0 － 337.
Slide 14: Reconciliation Table for Adjusted OIBDA (Q4)
Reconciliation Table for Adjusted OIBDA (Q4) (Bln Yen) Q4 FY22 Q4 FY23 Depreciation Non-recurring Depreciation Non-recurring Operating Adjusted Operating Adjusted and (profit) / and (profit) / Income Amortization*1 OIBDA Income Amortization*1 OIBDA loss*2 loss*2 Game & Network Services (G&NS) 38.9 2
Slide 15: Capital Allocation
キャピタルアロケーション Capital Allocation (without Financial Services Segment) Breakdown of Capital Allocation Source of Capital Allocation (Trillion Yen) 4.5 4.5 (Trillion Yen) 3.9 Shareholder 3.9 Returns Carry-over from the 3rd 0.3 0.4 Mid-Range Plan and earlier *1 0.4 2.8 1.0 2.8 Dividends*2 Asset sales/ S
Slide 16: FY2023 Cash Flow Analysis (Sony without Financial Services)
FY2023 Cash Flow (CF) Analysis (Sony without Financial Services) (Bln Yen) As of March 31, 2023 As of March 31, 2024 Cash – Debt*1 (Net Cash Position) Operating CF +1,177.8 Investing CF -794.2 Other -382.3 -591.0 +1.3 (Improvement) -589.7 Income before Increase Increase Other income tax in content i
Slide 17: Notes
Notes Notes about Adjusted OIBDA and Adjusted EBITDA Adjusted OIBDA (Operating Income Before Depreciation and Amortization) and Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) are calculated by the following formulas: Adjusted OIBDA = Operating income + Depreciation