{"id":50091,"date":"2023-11-10T19:51:12","date_gmt":"2023-11-10T19:51:12","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b"},"modified":"2023-11-10T20:31:12","modified_gmt":"2023-11-10T20:31:12","slug":"sonys-april-september-net-profits-drop-23-1-to-2-76b","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b","title":{"rendered":"Sony&#8217;s April-September net profits drop 23.1% to $2.76B"},"content":{"rendered":"<p><b>*Writing by Alperen Aktas<\/b><\/p>\n<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Electronic manufacturer Sony Group on Friday reported a 23.1% drop in its net profits for this April-September, falling to 417.6 billion yen ($2.76 billion).<\/p>\n<p>Net profits for April to September were $2.76 billion, down 23.1% from the same period last year. Sales revenue rose 19.3% to 5.79 trillion yen ($38.3 billion), while operating profits dropped 29.7% to 516 billion yen ($3.4 billion).<\/p>\n<p>The Japanese company, which set an annual sales target of 25 million for the PlayStation 5 gaming console, achieved sales of 8.2 million consoles in the six-month period, or about one-third of the yearlong goal.<\/p>\n<p>In a statement, Sony President Hiroki Totoki said the 25 million unit goal was ambitious and not easily achievable, stressing that the November and December holiday seasons would be key.<\/p>\n<p>In the 2022 fiscal year, Sony saw 937.1 billion yen ($7 billion) in net profits, up 6.2% compared to the 2021 fiscal year.<\/p>\n<p><b>Full-year net profit target raised<\/b><\/p>\n<p>The comprehensive net profits expectation for the 2023 fiscal year, closing in March 2024, has been raised from the previously announced $5.8 billion, Sony said.<\/p>\n<p>The expected profit margin is anticipated to benefit from demand for consoles and video game, music, and sensor sales, along with the positive impact of the Japanese yen&#8217;s depreciation against foreign currencies.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>*Writing by Alperen Aktas Africa-Press &#8211; Mozambique. Electronic manufacturer Sony Group on Friday reported a 23.1% drop in its net profits for this April-September, falling to 417.6 billion yen ($2.76 billion). Net profits for April to September were $2.76 billion, down 23.1% from the same period last year. Sales revenue rose 19.3% to 5.79 trillion [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":50090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,281,3879,451,283,3878],"class_list":["post-50091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-mozambique","tag-hiroki-totoki","tag-japan","tag-mozambique","tag-sony"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sony&#039;s April-September net profits drop 23.1% to $2.76B - Mozambique<\/title>\n<meta name=\"description\" content=\"Electronic manufacturer Sony Group on Friday reported a 23.1% drop in its net profits for this April-September, falling ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sony&#039;s April-September net profits drop 23.1% to $2.76B\" \/>\n<meta property=\"og:description\" content=\"Electronic manufacturer Sony Group on Friday reported a 23.1% drop in its net profits for this April-September, falling ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-10T19:51:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-10T20:31:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/11\/sm_1699635458.308502.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Sony&#8217;s April-September net profits drop 23.1% to $2.76B\",\"datePublished\":\"2023-11-10T19:51:12+00:00\",\"dateModified\":\"2023-11-10T20:31:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b\"},\"wordCount\":214,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2023\/11\/sm_1699635458.308502.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Hiroki Totoki\",\"Japan\",\"Mozambique\",\"Sony\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/sonys-april-september-net-profits-drop-23-1-to-2-76b\",\"name\":\"Sony's April-September net profits drop 23.1% to $2.76B - 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