Home ยป Financial Report Reveals Sony’s Total Revenue Surges by 9% in Latest Quarter

Financial Report Reveals Sony’s Total Revenue Surges by 9% in Latest Quarter

Sony reported its fourth-quarter financial results for the fiscal year 2023, ending in March 2024, with a total revenue of 2.811 trillion yen, an increase of 9% compared to the same quarter in the previous year. The company also recorded a net profit of 1.69 trillion yen.

The majority of the revenue growth came from Sony’s financial services business, while the gaming business saw a slight increase of 2% to 1.097 trillion yen. Sales of the PS5 in the past quarter rose by 4.5 million units, with software sales reaching 72.6 million units. The sensor camera business experienced a 14% increase to 3.985 trillion yen.

The music business revenue grew by 23% to 4.3 trillion yen, and the film business saw a revenue increase of 13% to 4.07 trillion yen.

Source: Sony

TLDR: Sony’s Q4 financial report for 2023 shows a 9% increase in total revenue, driven by growth in financial services, gaming, music, and film businesses.

More Reading

Post navigation

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Salesforce Reports Strong Growth in Q2 with 11% Increase in Revenue

Introducing the Revolutionary Logitech Adaptive Gaming Kit: Unveiling an Exquisite Controller Augmentation Enabling Seamless Integration with PS5’s Access Controller

BlackBerry Abolishes IoT IP Business Blueprint Concurrently Appointing New CEO