Sony Group Corporation · TSE:6758

Sony — Q3 2022 Earnings Presentation

12 slides from Sony's earnings presentation, Feb 2, 2023

  1. Slide 1: Q3 FY2022 Consolidated Financial Results

    Q3 FY2022 Consolidated Financial Results (Three months ended December 31, 2022) February 2, 2023 Sony Group Corporation Q3 FY2022 Consolidated Results (Bln Yen) Q3 FY21 Q3 FY22 Change Sales* 3,031.3 3,412.9 +381.6 bln yen (+13%) Operating income 465.2 428.7 -36.4 bln yen (-8%) Income before income t

  2. Slide 2: Q3 FY2022 Consolidated Results: Year-on-year Change

    Q3 FY2022 Consolidated Results: Year-on-year Change Year-on-year Contributing Factors Change (+) Better/(-) Worse ・(+) Significant increases in G&NS, I&SS and Music segments sales Sales +381.6 bln yen ・(ー) Significant decreases in Pictures and Financial Services segments sales +13% On a constant cur

  3. Slide 3: Adjusted Income Before Income Taxes (Q3)

    Adjusted Income Before Income Taxes(Q3) Income Before Adjusted Income Adjusted Income Before Income Taxes excludes the following items* Income Taxes Before Income Taxes Gain from the transfer of certain operations of Game Show Q3 FY21 461.6 bln yen 391.4 bln yen  Network, LLC (Pictures segment: +70

  4. Slide 4: Adjusted Net Income Attributable to Stockholders (Q3)

    Adjusted Net Income Attributable to Sony Group Corporationʼs Stockholders(Q3) Q3 FY21 (Bln Yen) Net Income Attributable Income Before Effective to Sony Group Taxes Income Taxes Tax Rate Corporationʼs Stockholders Financial results 461.6 113.6 24.6% 346.2 Adjusted items impacting effective tax rate ―

  5. Slide 5: Q1-Q3 FY2022 Consolidated Results

    Q1-Q3 FY2022 Consolidated Results (Bln Yen) Q1-Q3 FY21 Q1-Q3 FY22 Change Sales 7,657.5 8,476.3 +818.8 bln yen (+11%) Operating income 1,063.7 1,079.7 +16.0 bln yen (+2%) Income before income taxes 1,027.9 1,035.7 +7.8 bln yen (+1%) Net income attributable to Sony Group Corporationʼs 771.1 809.0 +37.

  6. Slide 6: Adjusted Income Before Income Taxes (Q1-Q3)

    Adjusted Income Before Income Taxes (Q1-Q3) Income Before Adjusted Income Adjusted Income Before Income Taxes excludes the Income Taxes Before Income Taxes following items*  Gain from the transfer of certain operations of Game Show Network, LLC (Pictures segment: +70.2 bln yen)  Loss recorded due

  7. Slide 7: Adjusted Net Income Attributable to Stockholders (Q1-Q3)

    Adjusted Net Income Attributable to Sony Group Corporationʼs Stockholders (Q1-Q3) (Bln Yen) Q1-Q3 FY21 Net Income Income Before Effective Attributable to Sony Taxes Income Taxes Tax Rate Group Corporationʼs Stockholders Financial results 1,027.9 252.4 24.6% 771.1 Adjusted items impacting effective t

  8. Slide 8: FY2022 Consolidated Results Forecast

    FY2022 Consolidated Results Forecast (Bln Yen) FY22 FY22 Change from FY21 November FCT February FCT November FCT Sales 9,921.5 11,600 11,500 -100 bln yen (-1%) Operating income 1,202.3 1,160 1,180 +20 bln yen (+2%) Income before income taxes 1,117.5 1,120 1,120 - Net income attributable to Sony Grou

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

    Game & Network Services Segment (G&NS Segment) Sales and Operating Income Sales (Bln Yen) Q3 FY2022 (year-on-year) Operating Income  Sales: 433.3 bln yen (53%) significant increase (FX Impact: +174.9 bln yen) 1,246.5 ·(+) Increase in sales of hardware ·(+) Impact of foreign exchange rates ·(+) Incr

  10. Slide 10: Pictures Segment and ET&S Segment

    Pictures Segment Q3 FY2022 (year-on-year) Sales and Operating Income (Bln Yen) The following analysis is on a U.S. dollar basis Sales Operating Income  Sales: 129.7 bln yen (28%) significant decrease (U.S. dollar basis: -1,715 mil USD / -42%) 461.2 ·(ー) Lower theatrical revenues for Motion Pictures

  11. Slide 11: Imaging & Sensing Solutions and Financial Services Segments

    Imaging & Sensing Solutions Segment (I&SS Segment) Sales and Operating Income Sales (Bln Yen) Q3 FY2022 (year-on-year) Operating Income  Sales: 92.3 bln yen (28%) significant increase (FX Impact: +70.8 bln yen) 417.2 ·(+) Impact of foreign exchange rates ·(+) Increase in sales of image sensors for

  12. Slide 12: Notes and Cautionary Statement

    Notes Sales on a Constant Currency Basis and the Impact of Foreign Exchange Rate Fluctuations The descriptions of sales on a constant currency basis reflect sales calculated by applying the yenʼs monthly average exchange rates from the same period of the previous fiscal year to local currency-denomi

Sony Group — Q3 2022 Earnings Presentation on 6ix