Overview

• Q1 operating profit rose 36.5% year-on-year to 340 billion yen, beating the LSEG estimate of 288 billion yen.
• Sony raised its full-year operating profit forecast by 4% to 1.33 trillion yen after revising expected U.S. tariff drag from 100 billion to 70 billion yen.
• Operating income in the Games & Network Services division more than doubled to 148 billion yen thanks to higher sales of network services and third-party software.
• PlayStation 5 shipments increased 4% to 2.5 million units and PlayStation Network monthly active users climbed 6% to 123 million.
• Sony Pictures saw operating income jump 76% to 18.7 billion yen on the back of increased television series deliveries.