The Japanese industry giant shared the latest results for its operations in the first quarter of the financial year. Over the past few months, all of Sony has achieved revenue from games and online services of 604.1 billion yen – let’s check further details.
Sony confirmed the financial results for the first quarter of the fiscal year (April 1 to June 30, 2022) – during this time, another 2.4 million PlayStation 5 units hit the market. The Japanese manufacturer has already delivered 21.7 million PS5 kits. At the same time, it is worth noting that the company has finished reporting the PS4 results, so currently the sales result of the previous generation consoles closed at 117 million units.
Games division performance decreased by 2% from the same period last year (11.7 billion yen) due to less interest in first and third-party productions. For this reason, the sales forecast was lowered slightly (-1%, 40 billion yen), while the operating revenue forecast was cut by 16%.
Sony already has 47.3 million PlayStation Plus subscribers, while 102 million players log in to PlayStation Network monthly. In the indicated period, 47.1 million copies of PS5 and PS4 games were sold, of which only 6.4 million were exclusive items created by PlayStation Studios.
The gaming division’s operating profit declined significantly (-37% or 30.5 billion yen) year-on-year, due, among other things, to the lower popularity of games and an increase in development costs for existing PlayStation teams. The recent acquisitions of the Japanese are not without significance – as a result of the faster-than-expected completion of formalities related to the purchase of Bungie this fiscal year, an additional expenditure of 13 billion yen was recorded.
Sony’s result confirms the ever stronger disposition of digital distribution – in the first quarter of the financial year, 79% of PS5 and PS4 games were purchased through PlayStation Store (digital distribution).
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