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Sony Q1 FY2020 Results


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*The US Dollar figures have been converted from Japanese Yen with exchange rate provided in Sony fiscal reports

Source 1 Source 2

 

 

Highlights :

  • Over $5.63B Revenue and $1.152B Profit between April-June 2020 (Q1 FY20)
    • Biggest Revenue ever for PlayStation (and for any platform holder) during Q1
      • Top 3 biggest Q1 Revenue everis :
        1. Sony Q1 FY20
        2. Sony Q1 FY18
        3. Sony Q1 FY19
      • To show how big Revenue are, Q1 FY20 Revenue are higher than any quarter of Xbox (even Oct-Dec quarters)
    • Biggest Revenue ever for PlayStation (and for any platform holder) during a non-Holiday quarter (non-Q3)
      • Top 5 biggest non-Q3 Revenue everis :
        1. Sony Q1 FY20 (April-June 2020 - FF7R/TLOU Part II)
        2. Sony Q2 FY18 (July-Sept 2018 - Spider-Man)
        3. Sony Q4 FY18 (Jan-Mar 2019)
        4. Sony Q1 FY18 (April-June 2018 - God of War/Detroit)
        5. Sony Q1 FY19 (April-June 2019 - Days Gone)
    • 9th biggest Revenue ever for any platform holder during any quarter
      • The 8 quarters ahead are all Q3 (Oct-Dec) from Sony (4) and Nintendo (4)
    • Best Operating Profit ever for PlayStation during Q1
      • Best Operating Profit ever for any platform holder during Q1
    • Best Operating Profit ever for PlayStation during any quarter
      • 1st time, profits during a quarter exceed $1 Billion for PlayStation !
  • Hardware : 1.9m PS4 sold-in during Q1 FY20 (LTD: 112.3m)
    • 3rd biggest shipments for any console during its 7th Q1 (only behind PS1 and PS2)
  • Software : 91.0m games sold-induring Q1 FY20
    • Highest software sales during Q1 in video game history 
      • During the past 3 Q1, PS4 set each time a new software sales record for the industry
      • More games have been sold during this Q1 compared to all Q3 (Oct-Dec) during PS4 era !!!
    • PS4 is the only console to have 3 Q1 with over 40m games sold
    • PS4 Software LTD almost reached 1.300B games sold (not including "download only software titles" before Q1 FY20)
  • Software digital ratio : %74% during Q1 FY20 (April-June 2020)
    • Highest digital ratio ever during a quarter
  • PlayStation Store had its biggest Revenue ever during Q1 with more than $3.67B
    • Biggest Revenue ever during any quarter
    • including Digital Software & Add-on content
  • PlayStation Software & Services saw their biggest Revenue ever during Q1 with more than $4.89B
    • Biggest Revenue ever during any quarter
    • including Physical / Digital Software & Add-on content / Services
  • New Informations given in financial results
    • 113M MAU (monthly active users)
    • 18.5M first-party games sold during Q1 FY20(vs 11.7M in Q1 FY19)
      • 1 game sold out of 5 this quarter was a Sony first-party game
  • FY2020 Forecast :
    • $23.4B Revenue & $2.24B Profit... it would be:
      • Biggest Revenue for PlayStation (and for any platform holder) in video game history
      • 2nd best Operating Profit ever for PlayStation

 

 

Sony Corporation - Q1 FY2020 (April 2020 - June 2020) :

 

DPSE6Zm.png

 

Sony Revenue : ¥1968.9bn / $18.30B (+2.2% YoY from ¥1925.7bn / $18.30B - Q1 FY2019)

Sony Operating Profit : ¥228.4bn / $2.12B (-1.1% YoY from ¥230.9bn / $2.10B - Q1 FY2019)

Sony Net Profit : ¥233.3bn / $2.17B (+53.4% YoY from ¥152.1bn / $1.38B - Q1 FY2019)

  • 3rd best Revenue ever for Sony
  • 2nd best Operating Profit ever for Sony
  • Best Net Profit ever for Sony

Sony stock reached yesterday its 52-week high at $81.41

  • Highest since May 2001 ($85.75)

[SPOILER="Q1 FY2020 CONSOLIDATED RESULTS"]B4kjBqz.png[/SPOILER]

 

Top of Biggest Profit Drivers for the Quarter :

  1. Game & Network Services : ¥124bn / $1.152B
  2. Financial Services : ¥47.2bn / $438.7M
  3. Music : ¥34.9bn / $324.3M
  4. Imaging & Sensing Solutions : ¥25.4bn / $236.1M
  5. Pictures : ¥24.7bn / $229.6M
  6. Electronic Products & Solutions : ¥-9.1bn / $-84.6M

 

bePMl5a.png

 

Some milestones per segment :

  • Music : 3rd Best Revenue and 2nd best Operating Profit ever during Q1
  • Pictures : Best Operating Profit ever during Q1
  • Imaging & Sensing Solutions : 2nd best Revenue ever during Q1
  • Financial Services : Best Revenue and 3rd best Operating Profit ever during Q1

[SPOILER="FY2019 RESULTS BY SEGMENT"]NOfErJU.png[/SPOILER]

 

 

Gaming Division - Q1 FY2020 Results (April 2020 - June 2020) :

 

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Gaming Revenue : ¥606.1bn / $5.63B (+32.5% YoY from ¥457.5bn / $4.16B - Q1 FY2019)

Gaming Operating Profit : ¥124.0bn / $1.152B (+68% YoY from ¥73.8bn / $0.672B - Q1 FY2019)

  • Best Revenue ever for PlayStation (and for any platform holder) during Q1
  • Best Operating Profit ever for PlayStation during Q1
  • Best Operating Profit ever for PlayStation during any quarter

On a constant currency basis, Revenue increased +35.7% YoY and Op. Profit increased +71.8% YoY

 

This quarter, the Gaming Division accounts for :

- 30.8% of Sony total Sales/Revenue (vs 23.8% - Q1 FY2019)

- 48.4% of Sony total Operating Profit (vs 31.6% - Q1 FY2019)

 

 

PS4 sell-in : 1.9m (vs 3.2m - Q1 FY2019)

PS4 LTD : 112.3m

 

Software sold : 91m (vs 49.8m - Q1 FY2019) - including download only titles software

Software digital ratio : 74% (vs 53% - Q1 FY2019)

Software sell-in LTD (minimum) : > 1.299 billion games

  • Highest software sales during Q1 in video game history
    • During the past 3 Q1, PS4 set each time a new software sales record for the industry
  • PS4 is the only console to have 3 Q1 with over 40m games sold (only Wii also reached 40m, once, during Q1 FY08)
  • During this quarter, more than 11.57 games have been sold each second in the world (= 1 000 000 games sold each day)
  • More than 740 000 digital games have been sold-through each day on average on the PlayStation Store during Q1
    • doesn't include "download only software titles"

PS+ Members : 44.9m (up from 36.2m - Q1 FY2019)

  • All-time high number of PS+ subscribers

g97o7EE.png

 

 

PS4 is still tracked ahead of PS2 for now

 

tZUSCMa.png

 

 

Here is below the PS4 software sales since FY2015, including the quarterly physical/digital split from FY2016 onward

(doesn't include "download only software titles" ; no data before FY15 because it was not provided)

 

RMZxx5R.png

 

 

This is the Quarterly Software Sales since FY16with the Physical/Digital split

 

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You can take a look below at the evolution of PS Plus subscribers and Software digital ratio over years

 

aAu6fYP.png

 

 

Here is now the Quarterly Physical Software Sales on PS4 since FY2016 (from April 2016 onward)

Including : Sony's average gross margin per physical copy sold

 

 

vWOYNao.png

 

 

 

Gaming Division - FY2020 Forecast (April 2020 - March 2021) :

 

qcb2o1g.png

 

Gaming Revenue : ¥2500bn / $23.36B (+26.4% YoY from ¥1977.6bn / $18.19B - FY2019)

Gaming Operating Profit : ¥240bn / $2.24B (+0.7% YoY from ¥238.4bn / $2.19B - FY2019)

 

It would be :

  • Best Revenue for PlayStation (and for any platform holder) in video game history
  • 2nd best Operating Profit ever for PlayStation

 

This is the PlayStation Yearly Revenue & Operating Profit with FY2020 Forecast

I added Revenue in USD to give you an idea of what Revenue in JPY mean (therefore if Revenue USD don't follow the same growth than Revenue JPY, it's because of exchange rates)

  • FY19 was the 2nd biggest year ever for PlayStation with over $18.19B in Revenue and $2.19B in Profit
    • 2nd best Revenue for any platform holder in video game history
  • FY20 Forecast (FY20 FCT) is $23.36B Revenue and $2.24B Profit.... it would be :
    • Best Revenue for PlayStation (and for any platform holder) in video game history
    • 2nd best Operating Profit ever for PlayStation

qfXJTPo.png

 

 

Here is below the PlayStation's history of Operating Profit/Loss

 

Unlike PS1/PS2/PS3/PS4's launch years, PS5's launch year will see a huge profit of $1.66B thanks to :

  • the big PlayStation Store Revenues
  • recurrent Services Revenues
  • highly-profitable first party games, planned this year (including TLOU Part II and Ghost of Tsushima)

OCs4GOP.png

 

 

 

Summary of PS4

 

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Previous threads :

FY2019, Q3 FY2019, Q2 FY2019, Q1 FY2019

FY2018, Q3 FY2018, Q2 FY2018, Q1 FY2018

 

Spoiler

Shameless steal from ResetERA. 

 

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26 minutes ago, -GD- said:

I’ll summarize it:

 

TBBBHBR

9th biggest Revenue ever for any platform holder during any quarter

 

The 8 quarters ahead are all Q3 (Oct-Dec) from Sony (4) and Nintendo (4)

 

someone's missing :ANYWORD:

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54 minutes ago, Goukosan said:

9th biggest Revenue ever for any platform holder during any quarter

 

The 8 quarters ahead are all Q3 (Oct-Dec) from Sony (4) and Nintendo (4)

 

someone's missing :ANYWORD:

X’d from sales :trump: 

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1 hour ago, DynamiteCop! said:

Is this a fucking board meeting or something? No one is reading all that shit.

Herms, Cows & Sheep:

 

 

Spoiler

Boardroom-Meeting-Basics-What-You-Should

 

 

Lemmings:

 

Spoiler

c5ae0373c78ac223573aa4ad88ed97c2.jpg

 

  • Haha 1
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1 hour ago, DynamiteCop! said:

Is this a fucking board meeting or something? No one is reading all that shit.

 

summary:

 

  • To show how big Revenue are, Q1 FY20 Revenue are higher than any quarter of Xbox (even Oct-Dec quarters)
Edited by Quad Damage
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Vini giving me Carpal Tunnel here; put the spoiler tag around that, so I don't have to scroll past it just because you need a box of Kleenex.

  • Haha 1
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Just now, Teh_Diplomat said:

Vini giving me Carpal Tunnel here; put the spoiler tag around that, so I don't have to scroll past it just because you need a box of Kleenex.

and a tampon lol. menstruating ass bitch :D 

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4 minutes ago, Teh_Diplomat said:

Vini giving me Carpal Tunnel here; put the spoiler tag around that, so I don't have to scroll past it just because you need a box of Kleenex.

Ok

 

 

hermits who play on windows are now lemmings

 

Edited by Vini
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3 minutes ago, Teh_Diplomat said:

Vini giving me Carpal Tunnel here; put the spoiler tag around that, so I don't have to scroll past it just because you need a box of Kleenex.

middle click and drag 

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