Sony Pictures Entertainment posted operating income of $202 million for the three months ended September 30, down 30% (-13% in yen terms) from the same period last year. The company said second-quarter earnings were impacted by the absence of new movies licensed to its digital streaming service and higher marketing costs to support its theatrical releases this year.
Similar to the same 2021 frame, the division’s revenue increased, but reached $2.44 billion (337.5 billion yen). is. Foreign exchange fluctuations due to the appreciation of the dollar and the depreciation of the yen have a large impact.
SPE has had a larger roster of films in theaters in past quarters compared to Q2 2021. where clodad sings Starring Brad Pitt, which grossed $132 million worldwide. bullet train ($233 million worldwide), acclaimed historical action drama queen ($44 million).
Films released in fiscal 2021 saw higher television licensing and home entertainment revenues, while Sony cited higher revenues from its anime streaming service, including the impact of its acquisition of Crunchyroll. Dragon Ball Super: Super Heroes It grossed $38.1 million domestically in August.
Now in theaters, Sony has family photos Lyle, Lyle Crocodile To date, it has generated over $50 million in revenue worldwide.War drama for the rest of the year dedication Starring Jonathan Majors, Top Gun: Maverickstarring Glenn Powell and Tom Hanks a man named Otto for Christmas.
Sony has raised its annual SPE forecast to 115 billion yen ($778 million). Overall, the media and electronics giants have raised their forecasts, largely due to the weaker yen.
Sony Corporation reports group revenue of 2.752 trillion yen ($18.6 billion), according to highest analyst forecasts, and quarterly operating profit of 344 billion yen ($2.33 billion), up 8% reported to have become From Tokyo this morning, Sony cited increases in Music, Imaging & Sensing Solutions and Financial Services, but also pointed to a significant decline in Gaming & Network Services.
The latter posted a 49% decline in operating income to ¥42.1 billion ($284.5 million). The company cited higher software development costs, acquisition-related costs (including Bungie), adverse foreign exchange rate effects, and lower sales of non-own titles, including add-on content, as the causes.
The division sold 3.3 million PlayStation 5 consoles in the quarter, equivalent to the same frame in 2021, and counted 45.4 million PlayStation Plus subscribers, down slightly from the previous quarter. On November 9th, War God Ragnarok.