Particle.news
Download on the App Store

Sony Lifts Outlook After 22% Profit Jump on Services and Sensors as PS5 Sales Cool

Resilient services plus sensors are carrying results despite cooling hardware.

Overview

  • Quarterly operating profit rose 22% to ¥515 billion on revenue of ¥3.713 trillion, with full‑year guidance now targeting revenue of ¥12.3 trillion, operating profit of ¥1.54 trillion and net profit of ¥1.13 trillion.
  • Sony expanded its share repurchase authorization to up to ¥150 billion through May.
  • PlayStation sold 8 million PS5 units in the holiday quarter, down about 16% year over year, yet segment operating income increased 19% to ¥140.8 billion on stronger software, subscriptions and currency tailwinds.
  • PlayStation Network monthly active users hit a record 132 million in December, with total gameplay hours rising year over year.
  • Imaging sensors and music delivered double‑digit growth, while Sony Pictures revenue fell about 12% and operating income declined roughly 11% on tough comparisons; industry reports warn that rising DRAM prices and memory shortages could pressure hardware margins.