The emblem of Japanese leisure and electronics large Sony is displayed on the firm’s headquarters in Tokyo on Might 14, 2025.
Kazuhiro Nogi | Afp | Getty Photos
Sony on Thursday reported an increase in working revenue that beat expectations, regardless of overseas change volatility and better reminiscence prices.
Listed below are Sony’s December quarter outcomes in contrast with LSEG SmartEstimates, that are weighted towards forecasts from analysts who’re extra persistently correct:
- Income: 3.71 trillion Japanese yen ($23.68 billion) vs. 3.69 trillion yen
- Working revenue: 515 billion yen vs. 468.9 billion yen
Working revenue jumped 22% from a yr earlier, rebounding from a year-on-year decline within the earlier quarter. Income was up a modest 1% over the identical interval.
The Japanese expertise and leisure large raised its full-year outlook and now expects working revenue of 1.54 trillion yen, a rise of 110 billion yen, or 8% from its earlier forecast.
Sony additionally raised its annual income projection by 300 billion yen to 12.3 trillion yen, or 3%, whereas retaining its estimated losses from U.S. tariffs at 50 billion yen.
Gross sales within the recreation and community providers division, which homes its common PlayStation house console model and represents Sony’s high income driver, totaled 1.613 trillion yen, down 68.7 billion yen from a yr earlier.
Whereas the unit has benefited from a shift to digital recreation purchases and progress within the PlayStation Plus subscription service in current quarters, {hardware} cargo progress has remained extra subdued.
Sony’s {hardware} enterprise is predicted to face headwinds this yr from rising element prices.
PlayStation consoles depend on a sort of dynamic random entry reminiscence, or DRAM, chips, that are in brief provide as demand from synthetic intelligence and information middle operators will increase.
Consequently, contract costs for typical DRAM chips are projected to rise 90% to 95% within the present quarter from the earlier three months, in response to a report from market researcher TrendForce on Monday.
Final month, a high semiconductor business CEO instructed CNBC that the reminiscence chip scarcity was anticipated to persist by means of 2027.
