Sony's full-year financial results show its Games & Network Services segment achieved record operating income of ¥463.3 billion ($2.9 billion), up 12% year-over-year, despite flat net sales. However, Q4 operating income fell 41.6% due to a cumulative ¥120.1 billion ($765 million) impairment loss tied to Bungie, whose title portfolio including Destiny 2 and Marathon underperformed expectations. PS5 hardware sales declined to 16 million units for the year, down from 18.5 million, while cumulative PS5 sales surpassed 93 million. Network services revenue grew 13.9% and monthly active users reached 125 million. Sony forecasts a 6% revenue decline but a 30% increase in operating income for the next fiscal year.
Sort: