Sony Group Corporation · TSE:6758
Sony — Investor Presentation (June 2025)
30 slides from Sony's investor presentation, Jun 13, 2025
Slide 1: Imaging & Sensing Solutions Segment
Web release date: June 13, 2025 Imaging & Sensing Solutions Segment Representative Director, President and CEO, Sony Semiconductor Solutions Corporation Shinji Sashida
Slide 2: Agenda
I&SS Segment 1. FY24 review 2. Mid- to long-term business direction 3. Investment plans / Management figures Sony Group Corporation 2
Slide 3: 1. FY24 review
I&SS Segment 1. FY24 review 2. Mid- to long-term business direction 3. Investment plans / Management figures Sony Group Corporation 3
Slide 4: I&SS: FY24 review
I&SS Segment I&SS: FY24 review Aiming for growth with profitability Achievements • Record-high sales and operating income • Steady progress in larger-sized sensors for mobile • Positive free cash flow for the first time in the five years since FY19 Challenges • Response to uncertain business env
Slide 5: 2. Mid- to long-term business direction
I&SS Segment 1. FY24 review 2. Mid- to long-term business direction 3. Investment plans / Management figures Sony Group Corporation 5
Slide 6: Direction of each business area
I&SS Segment Direction of each business area Image sensors Other than image sensors Growth-driving business area Profitable business area Strategic business area Industrial / Social Analog Display device System Mobile Camera infrastructure Automotive (Laser etc.) (OLED Microdisplay etc.) etc.) solut
Slide 7: Image sensor market outlook (by revenue)
I&SS Segment Image sensor market outlook (by revenue) *1 Outlook as of FY24 Business Segment Meeting As of FY25 (Latest Outlook) Sensing (Mobile, Automotive, Industrial / Social Infrastructure) Mobile Imaging Camera (Interchangeable-lens camera, Handheld camera etc. *2) FY23→FY30 FY24→FY30 CAGR Appr
Slide 8: Expanding Creation with Video
Expanding Creation with Video Sony Group Corporation 8
Slide 9: Image sensor technology that contributes to creation
I&SS Segment Image sensor technology that contributes to creation Enhancing the value of image sensors with 2D + XD 5D Spectral 4D Time 3D Depth Image sensor 2D Imaging Contribution to creation The evolution of 2D imaging technology is the basis of all technologies Sony Group Corporation 9
Slide 10: Evolution of Mobile Camera Performance
I&SS Segment Sensitivity / Noise Evolution of Mobile Camera Brighter and lower noise in dark environments Performance Dynamic range Power consumption Lower power consumption No blowout and blackout Still image Video Resolution Readout speed Faster readout without distortion of Enhancement of zoom pe
Slide 11: Larger-sized sensor trend in the mobile image sensor market
I&SS Segment Larger-sized sensor trend in the mobile image sensor market (for high-end model) 240% Main camera 220% 大判化 200% Total 180% 160% 140% 120% Sub camera 100% 80% FY 19 20 21 22 23 24 25 26 27 28 29 30 Actual Forecast *Source: Sony *Calculated using the average chip area of FY19 as 100%. Son
Slide 12: Evolution of mobile image sensor
I&SS Segment Evolution of mobile image sensor Next! Higher density Realtime creation Larger size (Main camera / Sub camera) Improvement of image quality Multiple cameras Improvement of functionality Sony Group Corporation 12
Slide 13: Two technologies supporting higher density
I&SS Segment Two technologies supporting higher density Process node adaptation Multi-layered stacking Horizontal higher density Vertical higher density Sony Group Corporation 13
Slide 14: Process node adaptation
I&SS Segment Process node adaptation Sensor characteristics Advanced Process Enables enhancement of characteristics through higher density, regardless of pixel size Mature Process Allows for utilization while considering the balance of characteristics and costs, regardless of pixel size. Pixel size
Slide 15: Evolution of stacking technology: Multi-layered stacking
I&SS Segment Evolution of stacking technology: Multi-layered stacking 2-Layer stacking 3-Layer stacking Higher image quality / Further characteristic enhancement Multifunctionalization Pixel Pixel 2-Layer Transistor Pixel Example α Logic chip Logic Logic Sony Group Corporation 15
Slide 16: Examples of characteristic enhancement through process node adaptation and multi-layered stacking
I&SS Segment Examples of characteristic enhancement through process node adaptation and multi-layered stacking Process node adaptation Sensitivity / Noise Multi-layered stacking *The photo is for illustration purposes. RGB + EVS Bright in low light conditions without noise degradation EVS Analog Hyb
Slide 17: Towards the realization of 2D + XD
I&SS Segment Towards the realization of 2D + XD 5D Spectral 4D Time 3D Depth Integration into a single chip 2D Imaging Two technologies for achieving higher density are essential. Sony Group Corporation 17
Slide 18: Evolution of interchangeable-lens camera performance
I&SS Segment Sensitivity / Noise Evolution of interchangeable- lens camera performance Brighter and lower noise in dark environments Resolution Readout speed With higher resolution and greater immersion Faster readout without distortion of moving objects Still image Dynamic range Movie Power consump
Slide 19: Evolution of interchangeable-lens cameras: global shutter
I&SS Segment Evolution of interchangeable-lens cameras: global shutter Equipped with the world’s first* full-frame global shutter image sensor (3) Image processing engine (2) High-speed signal processing Approximately 24.6 (1) Pixel area circuits effective megapixels Simultaneous readout of all pixe
Slide 20: Expansion of the camera market
I&SS Segment Expansion of the camera market New market expansion driven by changes in video shooting and viewing environments Drone 360-degree camera Aerial Photography 360-Degree Photography Action camera Handheld camera Activity Photography Vlog Shooting Mutual utilization of mobile image sensors
Slide 21: Trend toward even greater multiple cameras in the automotive market
I&SS Segment Trend toward even greater multiple cameras Automotive camera volume in the automotive market (market) *2 Approx.720% Expected to grow by more than 7 times with multiple cameras Approx. 670% （FY19 → FY30） Bold line: Latest forecast Thin line: Forecast as of Business Segment Meeting in FY
Slide 22: Evolution of automotive camera performance
Dynamic range + LFM* I&SS Segment Evolution of automotive No blowout and blackout camera performance ＋ LED flicker mitigation Readout speed Resolution High-speed frame synthesis Clearly capturing distant objects Movie Sensitivity / Noise Power consumption Brighter and lower noise in dark environment
Slide 23: Automotive image sensor share (by revenue)
I&SS Segment Automotive image sensor share (by revenue) *1 Progressing as expected towards achieving a 43% share by FY26 FY23 ACT FY24 ACT FY26 Target Sony Other companies 35%*2 37% 43% *1 Source: Sony. Revenue basis share of the automotive image sensor market of which pixel size is 2 million or mor
Slide 24: Semiconductor laser for HAMR: expanding customer base
I&SS Segment Semiconductor laser for HAMR*: expanding customer base Semiconductor laser HAMR HDD Data center New! Hyper Scalers *HAMR: Heat-Assisted Magnetic Recording Sony Group Corporation 24
Slide 25: 3. Investment plans / Management figures
I&SS Segment 1. FY24 review 2. Mid- to long-term business direction 3. Investment plans / Management figures Sony Group Corporation 25
Slide 26: Image Sensor Share (by revenue)
I&SS Segment Image Sensor Share (by revenue)* CY23 ACT CY24 ACT CY25 Forecast ・・ Target Sony Other companies A few years behind 53% 53% 56% 60% *Source: Sony. Excluding the sales of fingerprint sensor. Sony Group Corporation 26
Slide 27: Image sensor capital expenditure plan for 3 years
I&SS Segment Image sensor capital expenditure plan for 3 years （Billion yen） Approx. 930 Approx. 580 Percentage of Approx. Approx. capital expenditure in advanced process 50％ for higher density 360 Approx. of total investment 140 FY 12-14 15-17 18-20 21-23 24-26 (US GAAP) (US GAAP) (US GAAP) (IFRS)
Slide 28: I&SS: ROIC & Free Cash Flow (FCF)
I&SS Segment I&SS: ROIC & Free Cash Flow (FCF) ・ROIC: Despite the improvement trend since FY23, the targets set last year have not been met. The introduction of mass production for advanced processes is expected to delay the improvement in invested capital turnover ratio. ・FCF : After recovering to
Slide 29: SONY is a registered trademark of Sony Group Corporation
SONY is a registered trademark of Sony Group Corporation. Names of Sony products and services are the registered trademarks and/or trademarks of Sony Group Corporation or its Group companies. Other company names and product names are registered trademarks and/or trademarks of the respective companie
Slide 30: Cautionary Statement
Cautionary Statement Statements made in this material with respect to Sony’s 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 limite