Sony Corporation registered a strong third-quarter operating income of US$4.09 billion (¥465.2 billion) in FY2021, a 32 percent increase from US$3.09 billion (¥351.9 billion) in FY2020.
Concluding 31 December 2021, the recorded overall sales for Q3 FY2021 achieved US$26.66 billion (¥3.031 trillion) a 13 percent increase from US$23.69 billion (¥2.694 trillion) in FY2020. Contributing to the overall sales and operating income was the robust growth recorded by Pictures and Imaging & Sensing Solutions (I&SS) segments.
Sony Pictures business witnessed an increase of US$1.31 billion (¥149.4 billion) or a record 636 percent jump in consolidated operating income for FY2021 against last year’s US$178.5 million (¥20.3 billion). Its consolidated sales increased to US$4.06 billion (¥461.2 billion) against last year’s US$1.68 billion (¥191.2 billion). The increase in both overall sales and operating income was primarily due to the theatrical revenues from Spider-Man: No Way Home and Venom: Let There Be Carnage.
The Imaging & Sensing Solutions segment saw sales growth of 21.65 percent or US$2.86 billion (¥324.8 billion) as compared to last year’s US$2.35 billion (¥267 billion). While the overall sales of the Game & Network Services (G&NS) business witness a decrease of US$7.15 billion (¥813.3 billion) from last year’s US$7.76 billion (¥883.2 billion), its operating income increased by 15 percent or US$817 million (¥92.9 billion) against last year’s US$710 million (¥80.8 billion).
The Financial Services recorded an increase both on overall sales and operating income, while the Electronics Products & Solutions (EP&S) saw a decrease in both overall sales and operating income against last year. The Music segment achieved an increase in overall sales but registered a decrease in its operating income.
Meanwhile, the consolidated results forecast for FY2021 are expected to be US$87.61 billion (¥9.9 trillion) in sales while operating income is expected to be US$10.61 billion (¥1.20 trillion).
