Sony Group Corporation has released its financial results for the 2020 Financial Year, the is for the fiscal year ending on the 31st of March 2021.Below you can find a breakdown of both Sony’s overall performance and Sony Interactive Entertainment’s performance.

Highlights:

  • PlayStation 5 shipped over 3.3 million units for the three months ending on the 31st of March 2021. The PS5 is the biggest console launch of all time despite major stock shortages. PS5 life to date shipments is now over 7.8 million. This exceeds Sony’s estimation of 7.6 million units. The PS5 has also surpassed the PS4 as the biggest launch, the PS4 sold 7.6 million units in its first fiscal year.
  • PlayStation 4 shipped over 1 million units for the three months ending on the 31st of March 2021. PS4 life to date shipments is now over 115.9 million.
  • 61.4 million games were sold on the PS4 and PS5 for the three month period ending on the 31st of March 2021. 7.9 million (12.9%) were Sony Interactive Entertainment published titles.
  • 338.9 million games were sold on the PS4 and PS5 in the 2020 fiscal year. 58.4 million (17.2%) were Sony Interactive Entertainment published titles.
  • The digital ratio for the three month period ending on the 31st of March 2021 was 79%. The digital ratio for the 2020 fiscal year was 65%.
  • PlayStation Plus subscriptions surpassed 47.6 million, this is a record high for PS Plus. PS Plus active subs are also up 6.1 million year-over-year.
  • Monthly active users on PS4 and PS5 are over 109 million.
  • An average of $120.26 per an active user was spent on the PlayStation Store in the 2020 fiscal year. This does not include revenue from services.
  • Revenue from the PlayStation Store was over $13.71 billion in the 2020 fiscal year, this is up 44% and is a new record. This is also the first time revenue for the PlayStation Store crossed $10 billion.
  • Revenue for PlayStation in the 2020 fiscal year was over $25.04 billion, this is both a new record for PlayStation and any platform holder. Revenue for the 2020 fiscal year is higher than the combined total from the PlayStation 1 era.
  • Revenue for PlayStation in the three month period ending on the 31st of March 2021 was over $6.24 billion. This is both a new record for PlayStation and any platform holder.
  • Operating Profit for PlayStation in the 2020 fiscal year was over $3.23 billion, this is both a new record for PlayStation and any platform holder. Operating Profit for the 2020 fiscal year is higher than the entire PlayStation 1 and PlayStation 2 era.
  • Operating Profit for PlayStation in the three month period ending on the 31st of March 2021 was over 312 million, this is the 4th best Operating Profit for PlayStation in Q4.

Sony Financial Performance:

  • Revenue: ¥8999.4B / $84.82B (up 9% year-over-year)
  • Operating Profit: ¥971.9B / $9.16B (up 15% year-over-year)
  • Net Profit: ¥1171.8B / $11.04B (up 101.3% year-over-year)

Notes: These are new records for Sony across the board. This is also the first time Sony surpassed $10 in Net Proft.

Top Performing Divisions:

Revenue:

  • Game & Network Services (30%)
  • Electronic Products & Solutions (21%)
  • Financial Services (19%)
  • Imaging & Sensing Solutions (11%)
  • Music (11%)
  • Pictures (8%)

Profit:

  • Game & Network Services (33%)
  • Music (18%)
  • Financial Services (14%)
  • Imaging & Sensing Solutions (14%)
  • Electronic Products & Solutions (13%)
  • Pictures (8%)

PlayStation Financial Performance:

Q4 (three month period ending on the 31st of March 2021):

  • Revenue: ¥660.3B / $6.24B (up 52.3% year-over-year)
  • Operating Profit: ¥33.0bn / $0.312B (down 28.4% year-over-year)
  • PlayStation 4 Consoles Shipped: 1.0 million
  • PlayStation 4 Life To Date: 115.9 million
  • PlayStation 5 Consoles Shipped: 3.3 million
  • PlayStation 5 Life To Date: 7.8 million
  • Software Sold: 61.4 million
  • Digital Ratio: 79%
  • PlayStation Plus Subscribers: 47.6 million
  • Monthly Active Users: 109 million

Financial Year 2020:

  • Revenue: ¥2656.3B / $25.04B (up 34.3% year-over-year)
  • Operating Profit: ¥342.2B / $3.23B (up 43.5% year-over-year)
  • Software Sold: 338.9 million
  • Digital Ratio: 65%

Investments:

  • April 2020: $400 million for a 4.98% stake in Bilibili
  • July 2020: Undisclosed amount for a majority stake in Eleven (producers of Sex Education); $250 million for a 1.4% stake in Epic Games
  • September 2020: $3.72 billion for 35% for Sony Financial Holdings, the company is now a wholly-owned subsidiary of Sony; undisclosed amount for a 55% stake in Nevion, the company is now a wholly-owned subsidiary of Sony
  • November 2020: Undisclosed amount for 100% of Pure Flix SVOD Service
  • December 2020: $1.175 billion for 100% of Ellation Holdings (Crunchyroll)
  • February 2021: $400 million for 100% of AWAL (Kobalt’s music)
  • March 2021: Undisclosed amount for EVO (joint venture with RTS)
  • April 2021: $255 million for 100% of Som Livre; $200 million for a 0.7% stake in Epic Games

Notes: The acquisition of Crunchyroll has not been confirmed by Sony, Funimation or Crunchyroll. The deal was reportedly stalled by the department of justice.

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