Sony Group (SONY) Company Report

Analyst Coverage

Research analysts who have asked questions during Sony Group earnings calls.

Junya Ayada

JPMorgan Chase & Co.

3 questions for SONY

Also covers: HTHIY

Munakata san

Goldman Sachs

3 questions for SONY

Okazaki san

Nomura Securities

3 questions for SONY

Ryosuke Katsura

SMBC Nikko Securities Inc.

3 questions for SONY

Yasuo Nakane

Mizuho Securities Co., Ltd.

3 questions for SONY

Ayada san

JPMorgan Securities

2 questions for SONY

Katsura san

SMBC Nikko Securities

2 questions for SONY

Nakane san

Mizuho Securities

2 questions for SONY

Ayata

JPMorgan Chase & Co.

1 question for SONY

Ezawa

Citigroup Securities

1 question for SONY

Iwato san

Nikkei Business

1 question for SONY

Katsura

SMBC Nikko

1 question for SONY

Kota Ezawa

Citigroup Inc.

1 question for SONY

Masahiro Ono

Morgan Stanley

1 question for SONY

Mika Nishimura

Okasan Securities Co., Ltd.

1 question for SONY

Mikio Hirakawa

Bank of America

1 question for SONY

Also covers: ATEYY, HTHIY, TOELY

Nakayama

Yomiuri Newspaper

1 question for SONY

Narisawa

Asahi Shimbun

1 question for SONY

Nishida san

Freelance

1 question for SONY

Nishikata

NHK (Japan Broadcasting Corporation)

1 question for SONY

Tanaka

The Asahi Shimbun Company

1 question for SONY

Tanno san

NHK

1 question for SONY

Taruno

NHK

1 question for SONY

Toda san

Yomiuri Shimbun

1 question for SONY

Umegaki

Toyo Keizai

1 question for SONY

Yoshida

Nikkei

1 question for SONY

Yoshida san

Nikkei Inc.

1 question for SONY

Latest news

Recent press releases and 8-K filings for SONY.

Sony Subsidiaries to Acquire Additional Stake in Peanuts Holdings LLC

SONY

M&A

New Projects/Investments

Sony Music Entertainment (Japan) Inc. (SMEJ) and Sony Pictures Entertainment Inc. (SPE), wholly-owned subsidiaries of Sony Group Corporation, have signed a definitive agreement to indirectly acquire an additional 41% equity interest in Peanuts Holdings LLC from WildBrain Ltd..
The total purchase price for this acquisition is 630 million Canadian dollars (approximately 460 million U.S. dollars).
Following the completion of this transaction, SMEJ and SPE will collectively own an 80% equity interest in Peanuts Holdings LLC, making it a consolidated subsidiary of Sony.
Sony expects to record a remeasurement gain as operating income upon the transaction's completion, based on the fair value of SMEJ's existing 39% equity interest in Peanuts.

Dec 19, 2025, 11:01 AM

6-K

Sony Group Corporation Reports Share Buyback and Treasury Stock Status

SONY

Share Buyback

Sony Group Corporation completed its share repurchase program, approved on May 14, 2025, on October 27, 2025, having repurchased 63,156,800 shares for 249,999,876,533 Yen.
A new share repurchase program was approved on November 11, 2025, authorizing the repurchase of up to 35,000,000 shares for a maximum of 100,000,000,000 Yen by May 14, 2026.
During November 2025, under the new program, Sony repurchased 2,387,100 shares for 10,752,572,776 Yen, which accounts for 6.82% of the maximum shares and 10.75% of the maximum amount for this program.
As of November 30, 2025, the company held 183,215,241 shares in treasury, with 3,133,000 shares disposed of during November 2025, primarily due to the exercise of stock acquisition rights.

Dec 12, 2025, 3:45 PM

6-K

Sony Group Corporation Reports Q2 2026 Results and Financial Services Spin-off

SONY

Earnings

Accounting Changes

Dividends

Sony Group Corporation reported sales of 5,729.5 billion Yen and operating income of 768.9 billion Yen from continuing operations for the six months ended September 30, 2025. This represents a 3% year-on-year increase in sales (approximately 6% on a constant currency basis) and a 130.5 billion Yen increase in operating income year-on-year.
Net income attributable to Sony Group Corporation’s stockholders from continuing operations was 570.5 billion Yen, with basic earnings per share from continuing operations at 95.09 Yen for the six months ended September 30, 2025.
The Financial Services business was classified as a discontinued operation from the first quarter of the fiscal year ending March 31, 2026, following a partial spin-off effective October 1, 2025. As part of this, Sony Group Corporation distributed dividends in kind totaling 955,700 million Yen to shareholders.
Sony Group Corporation conducted a five-for-one stock split of its common stock effective October 1, 2024.
Key growth drivers for sales and operating income included the Imaging & Sensing Solutions (I&SS), Music, and Game & Network Services (G&NS) segments, while the Entertainment, Technology & Services (ET&S) segment experienced a decrease.

Nov 14, 2025, 11:07 AM

6-K

Sony Group Corporation Concludes Share Buyback Program

SONY

Share Buyback

Sony Group Corporation filed a 6-K on November 13, 2025, detailing its share buyback activities for October 2025.
The company concluded its share repurchase program on October 27, 2025, which was approved by the Board of Directors on May 14, 2025.
As of October 31, 2025, a total of 63,156,800 shares were repurchased, utilizing the full authorized amount of 250,000,000,000 Yen for the program.
During October 2025, 12,021,800 shares were repurchased for 52,714,024,743 Yen.
Additionally, 732,000 shares were disposed of in October 2025 due to the exercise of stock acquisition rights.

Nov 13, 2025, 3:20 PM

6-K

Sony Group Corporation announces share repurchase program

SONY

Share Buyback

Sony Group Corporation's Board of Directors approved the establishment of a facility for the repurchase of its common stock.
The company plans to repurchase a maximum of 35 million shares, representing 0.59% of its total issued and outstanding shares, with a total purchase amount not exceeding 100 billion yen.
The share repurchase program is scheduled to run from November 12, 2025, to May 14, 2026.
The repurchase aims to improve capital efficiency, implement capital policy, and mitigate dilution from stock compensation plans.

Nov 12, 2025, 11:06 AM

6-K

Sony Group Corporation Reports Q2 FY2025 Results and Updates FY2025 Forecast

SONY

Earnings

Guidance Update

Accounting Changes

Sony Group Corporation reported Q2 FY2025 sales of 3,107.9 billion yen, a 5% increase year-on-year, and operating income of 429.0 billion yen, a 10% increase year-on-year, for its continuing operations.
The company updated its FY2025 forecast for continuing operations, raising sales to 12,000 billion yen and operating income to 1,430 billion yen.
Effective October 1, 2025, Sony executed a partial spin-off of Sony Financial Group Inc. (SFGI), classifying the Financial Services business as a discontinued operation from Q1 FY25.
The estimated tariff impact on operating income for continuing operations for FY2025 has been revised down by 20 billion yen from the previous forecast to 50 billion yen.

Nov 12, 2025, 11:05 AM

6-K

Sony Group Corporation Reports Q2 2026 Results, Compleifies SFGI Spin-off, and Provides FY2026 Forecast

SONY

Earnings

Guidance Update

Share Buyback

Sony Group Corporation reported strong financial results for the six months ended September 30, 2025, with sales from continuing operations increasing by 3.5% to 5,729,522 million yen and operating income from continuing operations rising by 20.4% to 768,929 million yen. Net income attributable to Sony Group Corporation’s stockholders from continuing operations was 570,452 million yen, up 13.7% year-on-year.
The company completed the partial spin-off of Sony Financial Group Inc. (SFGI) effective October 1, 2025, classifying the Financial Services business as a discontinued operation from the three months ended June 30, 2025. This included a distribution of SFGI shares as dividends in kind to shareholders.
For the fiscal year ending March 31, 2026, Sony forecasts sales from continuing operations of 12,000,000 million yen and operating income from continuing operations of 1,430,000 million yen.
Sony Group Corporation approved the establishment of a facility for the repurchase of its own common stock at a Board meeting held on November 11, 2025.

Nov 12, 2025, 11:03 AM

6-K

Sony Reports Record Q2 FY2025 Results and Upwardly Revises Full-Year Forecasts

SONY

Earnings

Guidance Update

Share Buyback

Sony Group Corporation reported record-high Q2 FY 2025 (Q2 2026) consolidated financial results, with sales of continuing operations increasing 5% year-on-year to JPY 3,107.9 billion, operating income up 10% to JPY 429 billion, and net income up 7% to JPY 311.4 billion.
The company upwardly revised its full-year FY 2025 forecasts for sales by 3% to JPY 12 trillion, operating income by 8% to JPY 1 trillion 430 billion, and net income by 8% to JPY 1 trillion 50 billion. The expected impact of additional U.S. tariffs on operating income was reduced by JPY 20 billion from the previous forecast to JPY 50 billion, primarily due to changes in the I&SS segment's forecast.
The GNNS segment saw Q2 sales increase 4% year-on-year, but operating income decreased 13% due to JPY 49.8 billion in non-recurring losses, including an impairment loss against a portion of assets at Bungie. In contrast, the Music segment achieved record-high Q2 sales (up 21%) and operating income (up 28%) , and the INSS segment also reported record-high Q2 sales (up 15%) and operating income (up 50%).
Sony established a share repurchase facility of a maximum of JPY 100 billion to be executed by May 2026.

Nov 11, 2025, 7:00 AM

Transcript

Sony Group Corporation Reports Record Q2 FY2025 Results and Upwardly Revises Full-Year Forecast

SONY

Earnings

Guidance Update

Share Buyback

Sony Group Corporation reported record-high consolidated financial results for Q2 FY2025, with sales increasing 5% year-on-year to JPY 3,107.9 billion and operating income rising 10% to JPY 429 billion.
The company upwardly revised its full-year FY2025 forecast, now expecting sales to reach JPY 12 trillion (up 3%) and operating income to be JPY 1 trillion 430 billion (up 8%).
The Game & Network Services (GNNS) segment's Q2 operating income decreased 13% year-on-year due to JPY 49.8 billion in non-recurring losses, including an impairment loss related to Bungie assets, but network service sales increased 35% in dollar terms.
Both the Music and Imaging & Sensing Solutions (INSS) segments achieved record quarterly sales and operating income, with Music sales up 21% and INSS sales up 15% year-on-year.
Sony established a share repurchase facility of a maximum of JPY 100 billion, to be executed by May 2026.

Nov 11, 2025, 7:00 AM

Transcript

Sony Reports Record Q2 FY2025 Results and Upgrades Full-Year Forecast

SONY

Earnings

Guidance Update

Share Buyback

For Q2 FY 2025, Sony Group Corporation reported record-high sales of JPY 3,107.9 billion, a 5% increase year-on-year, and operating income of JPY 429 billion, a 10% increase. The company upwardly revised its full-year FY 2025 sales forecast by 3% to JPY 12 trillion and operating income by 8% to JPY 1,430 billion.
The G&SS segment's operating income decreased 13% year-on-year due to a JPY 49.8 billion non-recurring loss, primarily from an impairment of intangible assets related to Bungie's Destiny 2 performance. Despite this, the Music and I&SS segments both achieved record-high sales and operating income for the quarter.
Sony aims to expand the PS5 install base during the year-end sales season, noting the console is in the middle of its lifecycle. The company also established a share repurchase facility of up to JPY 100 billion to be executed by May 2026.