Sony Group (6758 JP) game, music, and entertainment business sectors are doing well…annual sales are further increased

(Photo = Yonhap News)

[알파경제=김민영 기자] Sony Group’s (6758 JP) half-year performance exceeded the market consensus.

According to NH Investment & Securities, Sony Group’s sales in the first half of fiscal year 2025 were 5,917.2 billion yen, a 2.2% increase from the previous year, operating profit was 734.1 billion yen, an increase of 42.3%, and net profit was 570.1 billion yen, an increase of 36.5%, in line with market consensus. We recorded good performance that exceeded the expectations.

Kim Chae-yoon, a researcher at NH Investment & Securities, said, “The background for the good performance is the increase in game software sales, expansion of PS Plus network service, improvement in hardware profitability, and increase in music production and streaming service income.”

The operating profit of the semiconductor business was the largest among all business sectors, including increased sales of image sensors for mobile devices, improved product mix, and benefits from a weak yen.

Meanwhile, the new image sensor is adopted in the iPhone 16 series and yield is improving, but it is still in a transitional state.

The company predicted increased profits in the G&NS business division through FY2025 guidance, suggesting sales of 12.71 trillion yen, operating profit of 1.31 trillion yen, and net profit of 980 billion yen, raising sales by an additional 100 billion yen from the previous level.

Researcher Kim Chae-yoon said, “The semiconductor image sensor market is recovering, but at a very gradual pace, so we plan to respond by adjusting inventory instead of additional production.” He added, “The new sensor receives twice as much light by stacking elements vertically, but it is difficult to manufacture. “He explained.

Reporter Kim Min-young of Alpha Economy (kimmy@alphabiz.co.kr)