Sony Group (6758) investor relations material

Executive summary

• Achieved record sales and operating income in FY2025, with sales rising 4% year-over-year to ¥12,479.6 billion and operating income up 13% to ¥1,447.5 billion, despite a 3% decrease in net income due to one-time losses and prior year tax benefits not recurring.

• Major structural change with the spin-off of the Financial Services business (SFGI) in October 2025, now classified as a discontinued operation, resulting in a consolidated net loss due to a one-time charge.

• Strategic focus on entertainment, IP, and creation technology, now representing 67% of consolidated sales.

• Announced major partnerships, including a JV with TSMC for image sensors and a strategic alliance with TCL in home entertainment.

• Discontinued Sony Honda Mobility's AFEELA EV development and wound down Pixomondo VFX business to refocus resources.

Financial highlights

• FY2025 sales rose 4% year-over-year to ¥12,479.6 billion; operating income up 13% to ¥1,447.5 billion; net income from continuing operations down 2.8% to ¥1,055.3 billion.

• Operating income margin improved to 11.6% in FY25 from 10.6% in FY24.

• Operating cash flow for FY25 was ¥1,966.3 billion, essentially flat year-over-year.

• Dividend per share increased by ¥5 year-over-year to ¥25 (post stock split).

• Cash and cash equivalents at year-end FY25 were ¥2,208.9 billion.

Outlook and guidance

• FY2026 forecast: sales of ¥12,300 billion (down 1.4%), operating income of ¥1,600 billion (up 10.5%), net income of ¥1,160 billion (up 12.5%), and operating cash flow of ¥1,500 billion.

• Dividend per share is planned at ¥35, up ¥10 year-over-year.

• Share repurchase facility of ¥500 billion and annual dividend increase to ¥35 planned for FY2026.