< /p> Logo of the Japanese electronics manufacturer Sony.
Tokyo – Japanese electronics group Sony raised operating profit to a record close to ¥1.21 trillion (CZK 190 billion) in the past financial year, while sales rose 16 percent to 11, 54 trillion yen. The company benefited mainly from the high interest in PlayStation 5 game consoles, of which it sold 19.1 million. That's a record too. The company announced this in its earnings report today. The 2022 financial year ended at the end of March.
In addition to consoles, music also sold well, the semiconductor division also contributed to the record profit. Management had originally forecast operating profit to fall to ¥1.18 trillion in the past fiscal year, but it ended up narrowly beating the previous fiscal year's ¥1.202 trillion profit to reach a record ¥1.208 trillion, after rounding down the 1.21 trillion reported.< /p>
As for the fourth quarter, operating profit fell seven percent year-on-year to ¥128.5 billion. Revenues, on the other hand, increased by 35 percent and reached 3.06 trillion yen.
The gaming division is key for Sony, it contributed 250 billion yen to the operating profit for the whole year. This is a 27 percent decrease compared to the previous year, but the company compensated for this with higher profits in other divisions.
For the current financial year, Sony forecasts sales of around 11.5 trillion yen, which would be roughly the same as last year. . However, it expects an approximately three percent drop in operating profit to ¥1.17 trillion.