Overview

• CFO Lin Tao said Marathon is factored into Sony’s fiscal forecast and slated to launch before the year ending March 31, 2026, though no formal commitment has been made.
• The company will reveal a definitive launch date in autumn after implementing gameplay modifications and completing an asset review.
• Bungie’s operational independence is diminishing as it undergoes structural reforms and shifts under PlayStation Studios oversight.
• Sony acknowledged its live-service transition has faced setbacks, referencing Concord’s swift shutdown and Marathon’s delay.
• Executives highlighted Helldivers 2, MLB The Show 26, Gran Turismo 7 and Destiny 2 as stable live-service performers sustaining revenue and profit.