Sony FY2023 Financial Results

Entertainment, Technology & Service Segment take aways.

  • FY23 sales were 2 trillion 453.7 billion yen, essentially flat year-on-year. This was mainly due to a decrease in the unit sales of televisions, offset
    by an impact from foreign exchange rates.
  • Operating income increased 7.9 billion yen year-on-year to 187.4 billion yen, mainly due to the favorable impact of foreign exchange rates and the
    benefit of cost reductions, despite the impact of lower sales in televisions.
  • Our FY24 forecast for sales is 2 trillion 370 billion yen and operating income is 190 billion yen.

Imaging & Sensing Solutions Segment Take Aways

  • • FY23 sales increased a significant 14% year-on-year to 1 trillion 602.7 billion yen, mainly due to increased sales of image sensors for mobile
    products and the impact of foreign exchange rates.
  • Despite the impact of increased sales, operating income decreased 18.7 billion yen year-on-year to 193.5 billion yen mainly due to an increase in
    expenses including depreciation and amortization expenses.
  • Our FY24 forecast for sales is 1 trillion 840 billion yen and operating income is 270 billion yen which would be a new record for this segment.

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