Sony's PlayStation Division Recorded Strong Growth, but the Outlook Remains Cautious
PlayStation continues to generate more revenue and operating income for Sony than any other division, with operating profit up by 43 per cent. However, Sony remains cautious and expects a decline in sales, although new games are expected to boost operating profit.
Sony has announced its results for the 2024 financial year (from April 2024 to the end of March 2025). The Game & Network Services division, responsible for the PlayStation business, generated sales of Yen 4.67 trillion (€28.63 billion), marking a 9 per cent increase (Yen 402.3 billion; €2.47 billion) compared to the previous year, with 42 per cent of this increase attributable to the impact of foreign exchange rates. Operating profit amounted to Yen 414.8 billion (€2.52 billion), marking a 43 per cent increase compared to the previous year. This was driven by sales of non-first-party software, including add-on content, as well as higher revenues from network services. However, fewer consoles and first-party games were sold.