🎮 Sony results!
Japanese tech and entertainment giant $SONY has had a strong quarter. Net profit rose year-on-year by 23 % to ¥259 billion, the company immediately responded and raised its operating and net profit guidance for the full fiscal year 2025/26.
📈 Important numbers:
New operating profit outlook: 1.33 billion yen (+4% from May estimate)
Net profit outlook: ¥970 billion (vs. ¥930 billion previously)
Sales unchanged: 11.7 billion yen
Expected impact of US tariffs: -70 billion yen, previously expected -100 billion yen.
🎮 Gaming segment as growth driver
Sony is benefiting from the long-standing strong performance of PlayStation 5, which continues to grow despite the console's advanced lifecycle.
For 2Q: Active players and hours of gameplay up 6%
In addition, an event is slowly but surely approaching that could catapult the entire gaming segment, the release of GTA VI in May. 2026exclusively on PS5. Analysts say it could be the biggest gaming gain in history Sony.
🎥 Music and film hold steady
Sony isn't just PlayStation, it has a diversified business:
Music division benefits from growing streaming, strong artist catalogue generates steady growth.
The film division is also generating steady revenue.
🤝 Strategic moves: anime and sensors
Sony expands its influence in the Japanese entertainment industry:
Bought 2,5% 2.5 percent stake in Bandai Namco (Gundam, Pac-Man). Aims to join forces in anime and build new formats of experiences.
In addition, the company is considering the separation of the sensor division, which could have a positive impact on the valuation of the entire holding, especially in the context of the high demand for sensing technology in smartphones and the automotive industry.
The company is able to respond to geopolitical risk, including US tariffs, which have not yet hit results as hard as expected.
The company's stock is up more than 29% since the beginning of the year!
What is your opinion of Sony and their business?
I understand what the company does and how it operates, but the potential here is limited and it's not exactly a growth stock.
I'd be quite interested to know how much they're getting out of the GTA distribution. Consoles don't make money, it's just a way to better sell those (their) games. If they got a similar percentage from it as say Steam then it might not be bad at all, but I suppose in this case they are also sharing with Microsoft who will have it for their Xbox.
It doesn't look bad and the numbers are fine. I would appreciate some correction.
I've never cared much for Sony and despite some issues I still find $AAPL better.