Sony Group Corporation · TSE:6758
Sony — Q1 FY2025 Earnings Presentation
17 slides from Sony's earnings presentation, Aug 7, 2025
Slide 1: Q1 FY2025 Consolidated Financial Results
Q1 FY2025 Consolidated Financial Results (Three months ended June 30, 2025) Sony Group Corporation August 7, 2025
Slide 2: Changes in Disclosure Classification of Consolidated Results
1 Changes in Disclosure Classification of Consolidated Results *1 From Q1 FY25, the results for FY24, the comparative period, has been re-presented to conform to the classification of continuing operations and the discontinued operation in accordance with IFRS Accounting Standards. *2 The difference
Slide 3: Q1 FY2025 Results for Continuing Operations
2 Q1 FY2025 Results for Continuing Operations*1 (Bln Yen) Q1 FY24 Q1 FY25 Change Sales 2,565.4 2,621.6 +56.3 （+2%） Operating income 249.1 340.0 +90.8 （+36%） Operating income margin 9.7% 13.0% +3.3 pts Income before income taxes 286.9 356.6 +69.7 （+24%） Net income attributable to Sony Group Corporati
Slide 4: Q1 FY2025 Results for Continuing Operations: Year-on-year Change
3 Q1 FY2025 Results for Continuing Operations: Year-on-year Change Year-on-year Change Contributing Factors (+) Better／(-) Worse Sales +56.3 bln yen +2% ・(+) Increases in G&NS and I&SS segments sales ・(ー) Decrease in ET&S segment sales On a constant currency basis*, sales increased approximately 8%
Slide 5: Q1 FY2025 Results by Segment
4 Q1 FY2025 Results by Segment (Bln Yen) Q1 FY24 Q1 FY25 Change FX Impact Game & Network Services (G&NS) Sales 864.9 936.5 +71.6 -44.9 Operating income 65.2 148.0 +82.7 -0.1 Music Sales 442.0 465.3 +23.3 -27.8 Operating income 85.9 92.8 +6.9 Pictures Sales 337.3 327.1 -10.2 -25.2 Operating income 11
Slide 6: FY2025 Results Forecast for Continuing Operations
5 FY2025 Results Forecast for Continuing Operations *1 The above results forecast for FY25 represents the forecast for continuing operations. Sony has not included the share of profit (loss) of investments accounted for using the equity method in SFGI after the Spin-off in the above results forecast
Slide 7: FY2025 Results Forecast for Continuing Operations: Change from May forecast
6 FY2025 Results Forecast for Continuing Operations: Change Change from May forecast Contributing Factors (+) Better／(-) Worse Sales － － Operating income (Before tariff impact) +20 bln yen +1% ・(+) Increase in G&NS segment operating income Operating income (After tariff impact) +50 bln yen +4% ・(+)
Slide 8: FY2025 Results Forecast by Segment
7 FY2025 Results Forecast by Segment (Bln Yen) FY24 FY25 FCT May August Change from May Game & Network Services (G&NS) Sales 4,670.0 Before tariff impact 4,300 4,320 +20 Operating income 414.8 480 500 +20 Music Sales 1,842.6 1,850 1,870 +20 Operating income 357.3 355 360 +5 Pictures Sales 1,505.9 1,
Slide 9: Game & Network Services Segment
8 Q1 FY2025 (year-on-year) Sales: 71.6 bln yen (8%) increase (FX Impact: -44.9 bln yen) ·(+) Increase in sales of non-first-party game software titles including add-on content ·(+) Increase in sales from network services ·(ー) Impact of foreign exchange rates OI: 82.7 bln yen (127%) increase (FX Impa
Slide 10: Music Segment
9 Q1 FY2025 (year-on-year) Sales: 23.3 bln yen (5%) increase (FX Impact: -27.8 bln yen) ・(+) Higher revenues from streaming services in Recorded Music and Music Publishing ・(+) Higher revenues from mobile game application in Visual Media & Platform ・(+) Impact of the consolidation of eplus inc. in V
Slide 11: Pictures Segment
10 Pictures Segment Sales, Operating Income and Adjusted OIBDA Sales (Bln Yen) Adjusted OIBDA Operating Income Q1 FY2025 (year-on-year) The following analysis is on a U.S. dollar basis Sales: 10.2 bln yen (3%) decrease (U.S. dollar basis: +96 mil USD / +4%) ·(+) Increase in series deliveries in Tele
Slide 12: Entertainment, Technology & Services Segment
11 Entertainment, Technology & Services Segment (ET&S Segment) Q1 FY2025 (year-on-year) Sales: 66.7 bln yen (11%) decrease (FX Impact: -25.1 bln yen) ·(ー) Decrease in unit sales in Displays ·(ー) Impact of foreign exchange rates OI: 20.9 bln yen (33%) decrease (FX Impact: -7.8 bln yen) ·(ー) Impact of
Slide 13: Imaging & Sensing Solutions Segment
12 353.5 408.2 36.6 54.3 105.8 120.1 Imaging & Sensing Solutions Segment (I&SS Segment) Q1 FY2025 (year-on-year) Sales: 54.7 bln yen (15%) increase (FX Impact: -21.2 bln yen) ·(+) Increase in sales of image sensors for mobile products ·(+) Increase in unit sales ·(+) Improvement in product mix ·(+)
Slide 14: Impact of the Partial Spin-off of the Financial Services Business on Consolidated Results
13 Impact of the Partial Spin-off of the Financial Services Business on Consolidated Results * The expected decrease in consolidated total equity resulting from the deconsolidation of the Financial Services business as a result of the Spin-off is not reflected in the above example for the sake of si
Slide 15: Submission of the final application for listing to Tokyo Stock Exchange
14 Submission of the final application for the listing to Tokyo Stock Exchange Resolution of SFGI’s board for stock split and establishment of a facility for the repurchase of shares after listing*1 【Main facility for the repurchase of shares (planned)】 Total number of shares for repurchase ： 1.0 bi
Slide 16: Notes
15 Notes Notes about Adjusted OIBDA Adjusted OIBDA (Operating Income Before Depreciation and Amortization) is calculated by the following formula: Adjusted OIBDA = Operating income + Depreciation and amortization expense* - the profit and loss amount that Sony deems non-recurring * In the above form
Slide 17: Cautionary Statement
16 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 lim