Sony Group Corporation announced on Thursday that its total sales revenue in the third quarter of its fiscal year 2024 saw an annual rise of 18% to hit ¥4.4 trillion (about $28.6 billion).The company's income before taxes increased by 8% compared to the same trimester of the previous year to ¥494.1...
Although some of the most anticipated global players have already released their fresh financial results, this week investors' attention will turn to some of the leading Asian companies. Namely, SoftBank is expected to unveil its report on Wednesday, followed by Sony, Nissan, and Honda on Thursday.In...
Sony Group is in talks to acquire Kadokawa, the Japanese publisher and division of Kadokawa Future Publishing behind the hit game "Elden Ring," Nikkei Asia reported on Tuesday.The acquisition is set to boost Sony's entertainment portfolio, including games, anime, and movies. Sony already holds a 2%...
Sony Group Corporation shared on Friday that its sales in the second quarter of its fiscal 2024 came in at ¥2.9 trillion (around $19.5 billion), jumping 9% compared to the same timeframe a year ago.In the reported three-month period, year over year, net income attributable to the company's...
Sony Interactive Entertainment LLC announced Tuesday that it will launch its new PlayStation 5 Pro on November 7, with preorders starting September 26.The new game console will count with "Spectral Super Resolution," graphics running at high frame rates and a graphics processing unit (GPU) that...
The Japanese government will become an equity investor in the semiconductor manufacturing Rapidus Corporation, with several big companies also interested in the feat, JOTX-DTV, also known as TV Tokyo, reported on Thursday.According to the allegations, the enterprises in question are Toyota...
Sony Interactive Entertainment (SIE) LLC, a subsidiary of Sony Group Corporation, revealed on Tuesday in a statement that the price of the PlayStation 5 (PS5) video gaming console in Japan will be raised.Starting September 2, the console will cost ¥79,980, up by ¥13,000 or 19% from the previous...
Sony Group Corporation revealed on Wednesday that its sales in the first quarter of fiscal 2024 saw an annual jump of 1.6% to hit ¥3.0 trillion (~$20.4 billion).
The company's operating income jumped by 10.3% on an annual level to reach ¥279 billion, or approximately $1.90 billion. Its net income...
Sony Pictures Entertainment may decide not to make its $26 billion joint takeover offer with Apollo Global Management to purchase Paramount Global, as reported by CNBC's David Faber on Tuesday.
Based on earlier reports, Sony may face challenges in obtaining majority ownership due to regulatory...
Sony Group Corporation revealed on Tuesday that its total sales for the closing quarter of fiscal 2023 amounted to ¥3.5 trillion (~$22.4 billion), surging 14% year-over-year. Its operating income grew 57% to ¥229 billion.Net income attributable to shareholders jumped 34% to ¥189 billion in the reported...
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