Mar 31
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Sony Q4 2024 Earnings Report

Sony posted a profitable Q4 driven by strong Music and Pictures segments despite a drop in Financial Services revenue.

Key Takeaways

Sony delivered solid Q4 results with ¥197.7B in net income and ¥2.63T in revenue. While overall sales declined due to a sharp fall in financial services revenue, operating income remained healthy. The Music and Pictures segments were key contributors to growth.

Revenue for Q4 was ¥2.63 trillion, down from ¥3.48 trillion the previous year

Net income rose to ¥197.7 billion despite revenue decline

Financial Services revenue turned negative at -¥174.7 billion due to one-time impacts

Music and Pictures segments showed strong year-over-year growth

Total Revenue
¥2.63T
Previous year: ¥23.4B
+11119.0%
EPS
¥32.6
EPS Growth
6.45%
Net Income Margin
7.52%
Gross Profit
¥121T
Previous year: ¥5.55B
+2183381.1%
Cash and Equivalents
¥2.98T
Previous year: ¥15.2B
+19470.5%
Free Cash Flow
¥2.16T
Previous year: ¥14.4B
+14842.0%
Total Assets
¥33.7T
Previous year: ¥225B
+14842.0%

Sony

Sony

Sony Revenue by Segment

Forward Guidance

Sony expects FY2025 (ending March 2026) revenue and profits to decline slightly, driven by planned spin-off of the Financial Services segment and macroeconomic headwinds.

Positive Outlook

  • Music and Pictures segments expected to remain strong
  • Imaging & Sensing demand steady due to smartphone recovery
  • Focus on core business growth post spin-off
  • Strong cash position supports strategic flexibility
  • Planned share buyback program in place

Challenges Ahead

  • Expected decline in net income post Financial Services spin-off
  • Macro uncertainty may impact consumer electronics demand
  • Foreign exchange volatility may pressure earnings
  • Higher investment needs in content and tech
  • Lower forecasted operating income growth (+0.3%)

Revenue & Expenses

Visualization of income flow from segment revenue to net income