Japan Entertainment 2020 Music Japan

Strong PlayStation 5 Sales Offset Sony Pictures Declines in Fiscal 2020

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thewrap.com

Sony sold 3.3 million PlayStation 5 consoles in the final quarter of fiscal 2020, bringing its full-year tally up to 7.8 million.

That helped offset what the Japanese company referred to as a “significant decrease in sales” at Sony Pictures.Sticking with the good news at gaming, Sony now touts a PlayStation Plus subscriber count of 47.6 million, which is up nearly 15% from last year.Sony’s operating income for the final quarter was 342.2 billion yen.

For the fiscal year, it was 971.9 billion yen, an increase of 126.4 billion yen.For the full year, games revenue soared 34% and music sales grew 11%.

Sony Pictures revenue decreased 25%, but it managed to grow profits from last year, just like the other two entertainment segments.

Read more on thewrap.com
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