Unknown Analyst's questions to Sony Group Corp (SONY) leadership • Q1 2025
Question
An analyst from UBS Securities asked for a breakdown of how different business segments are impacted by foreign exchange rates and the U.S. economy, and inquired about the most significant economic or business model risks.
Answer
Executive Sadahiko Hayakawa detailed the forex sensitivities, noting I&SS is most affected and that hedges provide an offset. Executive Hiroki Totoki added that the most significant macro risk is geopolitical, highlighting the past impact of U.S.-China relations on the image sensor business as a key example of this vulnerability.