Masahiro Ono's questions to Sony Group (SONY) leadership • Q3 2024
Question
Asked about the Game segment's ability to surpass its previous profit peak from FY '21, questioning the outlook given the historical console cycle and the apparent reliance on third-party software for growth.
Answer
The executive acknowledged the challenge, citing lower hardware profitability for the PS5 compared to the PS4 at a similar point in its cycle. He noted that decreasing acquisition-related costs will help profits in the future. He affirmed that the company has not given up on surpassing the previous profit peak and will aim to do so in the next mid-range plan.