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    Okazaki san

    Research Analyst at Nomura Securities

    Michio Okazaki is Senior Corporate Managing Director at Nomura Securities Co., Ltd., overseeing Planning, Products, and Solutions Management with a focus on driving innovation across financial services. Okazaki specializes in developing and implementing strategic initiatives for Nomura, working closely with leading firms in the financial sector to deliver tailored solutions, although specific company coverage and quantified performance metrics are not publicly disclosed. With a tenure at Nomura spanning several years and experience in senior management roles, Okazaki has contributed to the company’s growth through visionary leadership and operational expertise. Holding advanced industry credentials aligned with executive-level responsibilities, Okazaki is recognized for excellence in financial strategy and product management in major securities markets.

    Okazaki san's questions to Sony Group (SONY) leadership

    Okazaki san's questions to Sony Group (SONY) leadership • Q1 2025

    Question

    Okazaki san from Nomura Securities asked about the progress of diversifying production bases for game consoles in response to U.S. tariffs, specifically inquiring where consoles sold in the U.S. are now produced and how this might affect the hardware's pricing strategy.

    Answer

    Lin Tao, Corporate Executive Officer and CFO, stated that the production transformation for consoles is complete, and hardware sold in the U.S. is now sourced from outside China. She noted that the transfer for peripherals will be completed by the end of the first half. Regarding pricing, she declined to share specifics but affirmed that it would be decided flexibly, considering factors like lifetime value, sales volume, and consumer price sensitivity.

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    Okazaki san's questions to Sony Group (SONY) leadership • Q1 2025

    Question

    Okazaki san from Nomura Securities asked about the progress of diversifying the production base for game consoles in response to U.S. tariffs, specifically inquiring where consoles sold in the U.S. are now produced and how this shift impacts the hardware pricing strategy.

    Answer

    CFO Lin Tao stated that production for game consoles sold in the U.S. has already been moved outside of China, with the transfer for peripherals to be completed by the end of the first half. Regarding pricing, she explained that it's a flexible decision based on multiple factors, including lifetime value, content sales expectations, and consumer price sensitivity.

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