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Sony Fiscal Q2 (calendar Q3) Financials |

You can see full financials here, but I wouldn’t bother. The only interesting bits are overall company revenue dropped, year over year, from 2072.3 billion yen to 1661.2 while profit dropped from +11.0 billion yen to -32.6 billion yen.

There are some interesting game hardware/software breakdown numbers. I left these in fiscal quarters, so add one quarter to get the corresponding calendar quarter:

Platform 2008 Q1 2008 Q2 2008 Q3 2008 Q4 2008 Total 2009 Q1 2009 Q2 2009 Forecast
PS3 1.6 2.4 4.5 1.6 10.1 1.1 3.2 13
PSP 3.7 3.2 5.1 2.1 14.1 1.3 3 15
PS2 1.5 2.5 2.5 1.4 7.9 1.6 1.9 5

Beyond that their entire report sounds like a big long excuse. They blame everything on their older products, “revenues/profits are down because PS2 is slowing down as expected”. The unfavorable change in exchange rate is a very valid point, but I’m tired of hearing their financial statements moan about it every quarter.

And why did they move PlayStation products out of their own “Game” reporting category and into “Networked Products and Services” along with VAIO PCs which really have nothing to do with each other. Are theytrying to obfuscate their performance?

  • SicSemperTyranis

    I don’t think that they are trying to confuse anyone by listing the VAIO & the Playstation stuff under “Networked Products and Services” that’s just the way it’s done. Look at Microsoft they have the Zune in the same category as the XBox stuff. It’s just all boring business stuff.

  • jasper

    Hey up lad. These ‘excuses’ are for there shareholders ears not fanboys etc on the internet to squabble over. Go and read the full transcripts of there conference call with shareholders (where all these ‘excuses’ come from) and you might even learn something.

  • Darrin

    Of course these statements aren’t intended for consumers but they are interesting and there’s no law against commenting on them.

    BTW, I do tons of serious and boring accounting work in real life (not in the gaming industry).