The logo of Japanese entertainment and electronics giant Sony is seen at the company’s headquarters in Tokyo on May 14, 2025.
Kazuhiro Nogi | Afp | Getty Images
Sony on Thursday reported a rise in operating income despite currency volatility and higher memory costs.
Here are Sony’s December results compared to LSEG SmartEstimates, which are based on more accurate analyst estimates:
- Revenue: 3.71 trillion yen ($23.68 billion) vs. 3.69 trillion yen
- Operating profit: 515 billion yen vs. 468.9 billion yen
Operating income rose 22% year-over-year, rebounding from a year-over-year decline in the previous quarter. Revenue increased by 1% during the same period.
The Japanese technology and entertainment giant raised its full-year forecast and now expects operating income to be 1.54 trillion yen, up 110 billion yen, or 8%, from its previous forecast.
Sony also raised its annual revenue forecast by 300 billion yen to 12.3 trillion yen, or 3%, while keeping its projected loss from US tariffs at 50 billion yen.
Sales of the game and network services division, which houses the popular PlayStation home console brand and is Sony’s biggest earner, totaled 1.613 trillion yen, down 68.7 billion yen from a year earlier.
While the device has benefited in recent quarters from a shift to digital game purchases and the growth of the PlayStation Plus subscription service, hardware shipment growth has remained sluggish.
Sony’s hardware business is expected to face headwinds this year due to rising component prices.
PlayStation consoles rely on a type of dynamic random access memory, or DRAM, chips that are in short supply as demand for artificial intelligence and data center operators increases.
As a result, contract prices for conventional DRAM chips are expected to increase by 90% to 95% in the current quarter compared to the previous three months. reporting Monday from marketing researcher TrendForce.
Last month, a semiconductor industry CEO told CNBC that memory chip shortages are expected It will last until 2027.