Sony Group Corporation (6758) Q4 2025 Earnings – Full Coverage

Thank you very much for coming to attend our desk meeting despite your busy schedule. We would like to start the Sony Group Corporation's Corporate Strategy and Earnings Announcement Presentation 2025. I am from the PR department. First, I would like to invite President and CEO Mr. Totoki. Then I will invite Miss Tao and Mr. Yamada. They will talk about FY24 earnings and FY25 forecasts. After that, we will entertain questions. Totoki-san, the floor is yours.

Ladies and gentlemen, thank you very much for coming today. I would like to take a medium to long-term look at Sony Group's strategic direction. Over the last several years, our business direction has shifted significantly towards entertainment, driven by the power of entertainment to move people and fill the world with emotion. We have leaned into expanding content in games, music, film, and TV, IP expansion, and strategic investments in content and growth areas like anime and innovative technologies. Our entertainment business accounts for roughly 61% of consolidated sales and has shown resilience. Building on our momentum, we are working to realize our long-term creative entertainment vision. In Game & Network Services, the expansion of PS5 active users and per-user spend is driving steady profit. In Music, we are strengthening our global position. In Pictures, the film industry is recovering, and we have strong IP like Spider-Man and new titles on the horizon. Anime is a significant growth driver, with Crunchyroll expanding rapidly. We are also leveraging the PlayStation Network as an engagement platform. In Entertainment Technology & Services, we are expanding our imaging ecosystem. In Imaging & Sensing, we expect growth in mobile image sensors. The diversity of our business and people is paramount. The synergies generated by connecting them are our unique competitive advantage. Thank you very much.

That was the presentation by Totoki-san. Now we would like to proceed to the earnings announcement for FY24 and the forecast for FY25. Allow me to introduce the executives on stage: President and CEO Kiyoki Totoki, Executive Officer and CFO Lin Tao, Senior Vice President Sahiko Hayakawa, and CFO of Sony Financial Group, Kazro Yamada. Lin Tao has become CFO of our group from April 1. Please.

So that has been the briefing from Tao-san and Yamada-san. At 4:45 we will start the Q&A session for media and then solicit questions from investors and analysts. For online distribution, please use the webinar link to register and submit your questions.

Questions and some hosting announcements, please refer to the information we have already sent you. Please be patient until we resume. Thank you.

It's a bit too early, but we'd like to answer questions from the media. Online participants, please use the raise hand button on WebEx. In the room, please raise your hand physically and use a microphone. Please limit to two questions. Okay, if you have any questions, please.

I am Yoshida from Nik newspaper. I have two questions. First, to Tokisan: How do you see the progress of collaboration among entertainment segments, and how many animation productions do you expect, including Ghost of Tsushima? Second, to Tawasam: What businesses are included in the 100 billion yen tariff impact, and what fluctuation factors are you assuming?

Thank you. Regarding synergy in entertainment, we are accelerating projects through a bottom-up approach. We are setting the environment for multiple projects, which will be the source of competitiveness. Each segment must be stronger. For animation, we have over 10 titles already turned into TV and films, and the pipeline is growing.