Sony Group Portal - FY2023 Q2 Earnings Announcement


Q3 sales
Hardware - 8,2M (+15% YoY)
Software - 89,7M (+4% YoY)
Q1-Q3 Cumulative sales
Hardware - 16,4M (+28% YoY)
Software - 213,8M (+9% YoY)
Spider-Man 2 sold through 10m units by February 4th, 2024
New forecast:
Sales are expected to be lower than the November forecast, mainly due to an expected decrease in sales ofhardware resulting from lower unit sales, partially offset by the impact of foreign exchange rates and an expectedincrease in sales of non-first-party titles including add-on content. Operating income and Adjusted OIBDA areexpected to remain unchanged from the November forecast mainly due to the impact of the above-mentionedincrease in sales of non-first-party titles, substantially offset by an expected increase in losses from hardwaremainly due to promotions.

New Hardware forecast is 21M (-16% vs previous forecast), hardware sales expected to be at 4,6M in Q4.
Outlook for the next FY
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