Sony Q1 Financials

DOCUMENTS:

FY2024 Q1 Earnings Announcement

HIGHLIGHTS:

• Sony 2.1 million PlayStation 5 units in the last quarter (bringing LTD to 61.7 million units)

• the digital download ratio for Q1 was 80% digital vs 20% physical, compared to an average of 70% in FY2023

The figure of 2.4 million units represents a decline of 27% year-over-year compared to last year's 3.3 million units and the 4.5 million consoles sold in the same quarter of 2022. Sony's forecast for PS5 sales remains at 18 million units, indicating a need to sell 15.6 million consoles for the remainder of the year. This goal appears daunting, particularly without the rumored release of the PS5 Pro to potentially bolster hardware sales.