Sony Financial Results for April-June 2009 (Fiscal Q1 2009)

Full results here

Overall, company-wide (mostly non-gaming) results were bad. Compared with the same quarter last year, revenue was down 19.2%, and the company went from generating a ¥73.4 billion yen operating profit to a ¥25.7 billion yen operating loss.

For the gaming results, the first thing you notice is they reorganized the company’s divisions and gaming is no longer a separate division and is much harder to separate out.

Category April-June 2008 (millions) April-June 2009 (millions) Year over Year Change
PS2 HW 1.5 1.6 6.67%
PSP HW 3.7 1.3 -64.86%
PS3 HW 1.6 1.1 -31.25%
PS2 SW 19.3 8.5 -55.96%
PSP SW 11.8 8.3 -29.66%
PS3 SW 22.8 14.8 -35.09%
  • Whole world economy is down. It is fair to judge Sony’s performance relative to other consumer electronics and game makers.
  • April-June of 2008 was a hot quarter for software PS3 had several of their biggest-ever games ship in that quarter: GTA 4, GT5 Prologue, and Metal Gear Solid 4. For April-June 2009, they shipped Infamous and had a few OK cross-platform titles (Prototype, Red Faction, UFC) but clearly April-June 2008 was an unusually hot quarter for software by any standard.
  • Japanese currency has appreciated, the dog ate my homework, etc. Seriously, an appreciated currency is bad Japanese export makers like Sony, but great for Japanese consumers. Still, if the company was selling more units rather than fewer units, they wouldn’t have to dwell on these things.
  • Results are still disappointing. Even with all the above qualifiers, these results are still disappointing. Sony shipped the best games for the first half of 2009, and it doesn’t seem to have much of an impact. These results aren’t disastorous, but they are disappointing.

Written by: Darrin - Contributing Editor


  1. #1 by Trieloth on July 30th, 2009

    Humm, Iam not sure why people get excited over this stuff. I dont get it, why are griping over something you/we have absolutey no control over and NEVER will. Is it because we use controllers? Is it a internet thing? Looks like Iam suppose to beleive that sony is doomed.

  2. #2 by Darrin on July 30th, 2009 [ 17143 Points ]

    Some people simply enjoy music or movies or sports at face value, while the more serious fans are fascinated by the companies and people behind them. Same thing with video games.

    I love movies and music but am not interested in the people or business of creating them. With video games, I am interested in the behind-the-scenes aspects of it, as are many others. It’s a non-productive, geeky, leisure interest.

  3. #3 by Blackstaffer on July 30th, 2009

    Did you get the number in the correct columns? It looks like ’09 did better than ’08 in all categories except PS2 HW.

  4. #4 by Darrin on July 30th, 2009 [ 17143 Points ]

    The columns were right. I added border to make the numbers more clear.

  5. #5 by SL33PY on July 31st, 2009 [ 2371 Points ]

    I must say, I’m guilty,… I want to buy about 6 games that are already out. The reason why I haven’t bought them is that I’m currently building my second house. Funds are a bit scarce because of that and that’s why I bought fewer games. But I’ll catch up by next year around this time 🙂

  6. #6 by Blackstaffer on July 31st, 2009

    Ah, yes. It’s more clear now.

  7. #7 by Darrin on July 31st, 2009 [ 17143 Points ]

    I’m holding off on the $2K+ HDTV because of funds (and because they keep putting out better TV models), but compared to any other adult hobby, video game purchases are very cheap for an adult budget.

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