Sony Group Corporation Reports Earnings Results for the First Quarter Ended June 30, 2022
July 29, 2022 at 06:00 am EDT
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Sony Group Corporation reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was JPY 2,016,037 million compared to JPY 1,844,713 million a year ago. Revenue was JPY 2,311,494 million compared to JPY 2,256,843 million a year ago. Net income was JPY 218,196 million compared to JPY 211,829 million a year ago. Basic earnings per share from continuing operations was JPY 176.46 compared to JPY 170.95 a year ago. Diluted earnings per share from continuing operations was JPY 175.21 compared to JPY 169.22 a year ago.
Sony Group Corporation (formerly Sony Corporation) is a world leader in designing, manufacturing, and selling electronics and entertainment products. Net sales break down by activity as follows:
- game sales (28.9%): game consoles, softwares and consumables;
- sale of multimedia products (21.1%): televisions (37.3% of sales), mobile telecommunications equipment (18.8%), still and video cameras (17.7%), audio and video equipment (16.5%) and other (9.7%);
- music production and distribution (10.3%; Sony Music Entertainment);
- sale of imaging and sensing solutions (10.4%);
- cinematography production and distribution and TV broadcasting (8.4%): operating primarily on behalf of Sony Pictures and Columbia Pictures;
- other (2.4%).
The remaining sales (18.5%) are from financial services.
Net sales break down geographically as follows: Japan (32.9%), China (8.5%), Asia/Pacific (9.6%), the United States (23.9%), Europe (20.2%) and other (4.9%).
SONY GROUP CORPORATION 
