Kota Ezawa's questions to Sony Group Corp (SONY) leadership • Q3 2025
Question
Kota Ezawa from Citigroup Inc. noted that Sony's 23% profit growth in the first nine months significantly outpaced the mid-range plan's 10% target. He asked if this was incidental or if the initial forecast was conservative, and whether the mid-range plan should be updated sooner.
Answer
Executive Hiroki Totoki responded that it is premature to update the three-year mid-range plan after only the first year. He acknowledged the strong performance but pointed to external uncertainties and natural fluctuations. He affirmed the goal is to achieve the three-year target by leveraging tailwinds and managing risks to ensure stable growth.