Sony ended its fiscal year with the quarter ending this March at a high. It posted a record operating profit of JPY1.21 trillion (€8.1 billion, converted), beating its own forecasts. Sony expects sales for its next fiscal year, which ends in March 2024, to be around 11.5 trillion yen, about the same as this year.
Much of that success is due to the outstanding sales of the PlayStation 5. Sony sold a record 19.1 million consoles in the fiscal year, up from 11.5 million sold in the previous fiscal year, which was marred by problems of supply chains. Sony hopes to sell 25 million of them this fiscal year (by March 2024).
Sony is approaching 40 million PlayStation 5 sales.
Sony’s games division had revenues of 3.64 trillion yen (24.3 billion euros, converted).
The other big winner for Sony was the chip division. Sony’s image sensors business secured revenues of JPY 212.2 billion (€1.4 billion, converted), an increase of 36% year-on-year.
However, Sony expects its imaging chip business to decline by 5.7% in the current fiscal year due to slower demand, particularly from Chinese smartphone makers.
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