Sony reported ¥1.20 trillion operating income for the nine months to Dec 31, 2024, up from ¥979.4 billion
In a 6-K filed Feb 13, 2025, Sony Group also set parameters for a share buyback of up to 50 billion yen and flagged a revised forecast for the year to Mar 31, 2025.
On Feb 13, 2025, Sony Group Corporation filed a Form 6-K, the report a foreign private issuer files with the US Securities and Exchange Commission, attaching its consolidated financial summary for the third quarter ended Dec 31, 2024. Sony prepared the figures under IFRS Accounting Standards, and the summary says its condensed quarterly statements were not reviewed by certified public accountants or an audit firm. Hiroki Totoki, Sony's president, chief operating officer and chief financial officer, signed the filing.1,2,3,4,5,6,7
For the nine months ended Dec 31, 2024, which ran from Apr 1, sales and financial services revenue were ¥10.33 trillion, against ¥9.54 trillion a year earlier. Operating income was ¥1.20 trillion, against ¥979.4 billion, and net income attributable to Sony Group Corporation's stockholders was ¥943.9 billion, against ¥781.6 billion. In the third quarter ended Dec 31, 2024, revenue was ¥4.41 trillion, against ¥3.75 trillion a year earlier, and operating income was ¥469.3 billion, against ¥463.3 billion.8,9,10,11,4,12,13
The Game & Network Services segment includes the network services businesses, the manufacture and sales of home gaming products and the production and sales of digital software and add-on content. Its sales to customers in the third quarter were ¥1.62 trillion, against ¥1.43 trillion a year earlier; with sales to Sony's other segments included, the segment's total was ¥1.68 trillion, against ¥1.44 trillion. Its operating income was ¥118.1 billion, against ¥86.1 billion. By product category, sales to customers of Digital Software and Add-on Content, the distribution of software titles and add-on content through the network, were ¥718.2 billion, against ¥632.0 billion; Network Services were ¥176.9 billion, against ¥137.2 billion; and Hardware and Others, which includes home gaming consoles, were ¥724.7 billion, against ¥659.7 billion.14,15,4,16,17,18
Sony Interactive Entertainment, a Sony Group company, publishes God of War Ragnarök and Helldivers 2; its studios include Santa Monica Studio, which develops God of War Ragnarök, and Bungie, which develops and publishes Destiny 2.19,20,21,22,23,24
For the fiscal year to Mar 31, 2025, the summary forecast sales and financial services revenue of ¥13.2 trillion, operating income of ¥1.335 trillion and net income attributable to stockholders of ¥1.08 trillion, and flagged the forecast as revised from the one most recently announced. The board also approved, at its meeting on Feb 13, 2025, parameters for buying back up to 30 million shares for up to 50 billion yen between Feb 14 and May 14, 2025.25,26,27,28,29
Sony's Form 20-F, the annual report a foreign company files, later gave revenue of ¥12.96 trillion and operating income of ¥1.41 trillion for the year ended Mar 31, 2025.30,31
How each figure was checked
- form type of the filing6-K
- when the 6-K was filedFeb 13, 2025
- the 6-K's cover describes it as a report of a foreign private issuerreport of foreign private issuerSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- what the 6-K attached: the consolidated financial summary for the third quarter ended December 31, 2024third quarter ended December 31, 2024SEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- the accounting basis of the summaryIFRS Accounting StandardsSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- the summary says its condensed quarterly statements were not reviewed by certified public accountants or an audit firmReview ... by certified public accountants or an audit firm: NoSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- who signed the 6-K and in what roleHiroki Totoki, President, Chief Operating Officer and Chief Financial OfficerSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- the nine-month period the summary reports onthe nine months ended December 31, 2024 (from April 1, 2024 to December 31, 2024)SEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- nine-month sales and financial services revenue, a year earlier and this year, in yen, from a table printed in millions of yen¥9.54 trillion, ¥10.33 trillionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- nine-month operating income, a year earlier and this year, in yen, from a table printed in millions of yen¥979.4 billion, ¥1.20 trillionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- nine-month net income attributable to Sony Group Corporation's stockholders, a year earlier and this year, in yen, from a table printed in millions of yen¥781.6 billion, ¥943.9 billionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- third-quarter sales and financial services revenue, a year earlier and this year, in yen, from a table printed in millions of yen¥3.75 trillion, ¥4.41 trillionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- third-quarter operating income, a year earlier and this year, in yen, from a table printed in millions of yen¥463.3 billion, ¥469.3 billionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- what the G&NS segment includesthe network services businesses, the manufacture and sales of home gaming products and the production and sales of digital software and add-on contentSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- third-quarter Game & Network Services sales to customers and in total with intersegment sales, a year earlier and this year, in yen, from a table printed in millions of yencustomers ¥1.43 trillion, ¥1.62 trillion; total including intersegment ¥1.44 trillion, ¥1.68 trillionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- third-quarter Game & Network Services operating income, a year earlier and this year, in yen, from a table printed in millions of yen¥86.1 billion, ¥118.1 billionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- third-quarter Game & Network Services sales to customers by product category, a year earlier and this year, in yen, from a table printed in millions of yenDigital Software and Add-on Content ¥632.0 billion, ¥718.2 billion; Network Services ¥137.2 billion, ¥176.9 billion; Hardware and Others ¥659.7 billion, ¥724.7 billionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- how the product categories are definedDigital Software and Add-on Content: distribution of software titles and add-on content through the network; Hardware and Others includes home gaming consolesSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- what Sony Interactive Entertainment publishesDays Gone (publisher); Ghost of Tsushima Director's Cut (publisher); God of War (publisher); God of War Ragnarök (publisher); Helldivers 2 (publisher); Horizon Forbidden West Complete Edition (publisher); Horizon Zero Dawn Remastered (publisher); Marvel's Spider-Man 2 (publisher); Ratchet & Clank: Rift Apart (publisher); Returnal (publisher); Stellar Blade (publisher); The Last of Us Part II Remastered (publisher)
- the parent of Sony Interactive Entertainment in the company treeSony Group
- what Santa Monica Studio developsGod of War (developer); God of War Ragnarök (developer)
- the parent of Santa Monica Studio in the company treeSony Interactive Entertainment
- what Bungie develops and publishesDestiny 2 (developer, publisher); Marathon (developer, publisher)
- the parent of Bungie in the company treeSony Interactive Entertainment
- the fiscal year the forecast coversfiscal year ending March 31, 2025 (from April 1, 2024 to March 31, 2025)SEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- consolidated forecast for the year: sales and financial services revenue, operating income, income before income taxes, net income attributable to stockholders, in yen, from a table printed in millions of yenrevenue ¥13.2 trillion; operating income ¥1.335 trillion; net income attributable to stockholders ¥1.08 trillionSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- the summary marks the forecast as revised from the one most recently announcedRevisions to the forecast ... most recently announced: YesSEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- the board's buyback parameters and the day it set themparameters for repurchase of its own common stock set at the meeting of its Board of Directors held on February 13, 2025SEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- the buyback's size and period30 million shares (maximum); 50 billion yen (maximum); February 14, 2025 to May 14, 2025SEC EDGAR, Form 6-K filed Feb 13, 2025 ↗
- Sony Group revenue for the year ended Mar 31, 2025, from its Form 20-F¥12.96 trillion for the year from Apr 1, 2024 to Mar 31, 2025
- Sony Group operating income for the year ended Mar 31, 2025, from its Form 20-F¥1.41 trillion for the year from Apr 1, 2024 to Mar 31, 2025
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The record
- Company
- Sony Group (CIK 313838)
- Form
- 6-K
- Accession
- 0001104659-25-012450
- Filed
- Feb 13, 2025
- Period of report
- Feb 13, 2025
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