Sony Group Corp (SNEJF) Q4 2024 Earnings Call

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WEBVTT 00:00:01.077 -- 00:00:06.004 Thank you very much for coming to attend this meeting despite of your busy schedule. 00:00:06.004 -- 00:00:11.132 Now we'd like to start Sony Group Corporation's Corporate Strategy and 00:00:11.132 -- 00:00:16.357 Earnings Announcement presentation 2025. I'm 00:00:16.640 -- 00:00:20.926 going to serve as MC. My name is Ishii from PR department. 00:00:20.926 -- 00:00:23.150 Thank you very much. 00:00:23.150 -- 00:00:28.173 First, I would like to invite President and CEO 00:00:28.173 -- 00:00:32.330 of Sony Group Corporation, Mr. Todoki. 00:00:32.330 -- 00:00:36.914 He'll be talking about the corporate strategy for Sony Group Corporation. 00:00:36.914 -- 00:00:41.859 Then I will invite Ms. Tao and Mr. Yamada. 00:00:41.859 -- 00:00:47.143 They'll be talking about FY24 earnings and results and FY25 00:00:47.143 -- 00:00:53.069 results forecast. And then after that, we are going to entertain questions. 00:00:53.069 -- 00:00:58.333 We are expecting the total of 90 minutes to complete the entire session. 00:00:58.333 -- 00:01:01.855 Todoki-san, please, the floor is yours. 00:01:12.543 -- 00:01:16.545 Ladies and gentlemen, thank you very much for coming. 00:01:17.547 -- 00:01:22.070 Today, first, I would like to talk about, 00:01:22.292 -- 00:01:27.096 I'd like to first take a mid to long-term look at Tony Group's business and our overall 00:01:27.096 -- 00:01:31.400 strategic direction. Over the last several years, our business direction has shifted 00:01:31.400 -- 00:01:36.124 significantly towards entertainment. The decision to lean more heavily into this space 00:01:36.124 -- 00:01:41.028 was driven, of course, by the strength and growth of our entertainment businesses. 00:01:41.028 -- 00:01:46.097 but it also was driven by the power o...