Thursday, November 30, 2023

Sony earns 6.2% more at the end of its fiscal year, with €6,347 million

The Japanese industrial conglomerate sony achieved net attributable profit of 937.126 million yen (€6,347 million) at the end of its fiscal year, which ended on March 31, which represents an increase of 6.2% compared to the result recorded in the previous year, the company reported.

The income from April 2022 to March 2023 increased by 16.3% to 11.53 trillion yen (€78.1 billion), with an increase of 33% of video game business turnover, up to 3.64 trillion yen (€24.660 million).

On his side, the division of music increased its sales by 23.6%, up to 1.38 trillion yen (€9,350 million), while the income of the unit of films increased by 10.6%, to 1.36 trillion yen (€9.210 million).

For its part, the entertainment business and technology billed 5.8% more, up to 2.47 trillion yen (€16,730 million), while the image area increased its revenue by 30.3%, up to 1.4 trillion yen (€9,480 million).

Between the months of January and March 2023, the benefit Sony’s net attributable increased by 15.4% compared to the same period in 2022, to 128,158 million yen (€868 million), while the multinational’s revenues totaled 2.57 trillion yen (€17,410 million), 29.5% more.

The Japanese company expects to close its current financial year, which will end on March 31, 2024, with a turnover of 11.5 trillion yen (€77,890 million), 0.3% less, while it expects to reach an attributable net profit of 840,000 million yen (€5,690 million), which would represent a drop in the 10.4% compared to the last exercise.


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