In today’s briefing:
- Sony Corporation: Expansion of smartphone market
Sony Corporation: Expansion of smartphone market
- Based on the Q3 consolidated financial results announcement for Sony Group Corporation for FY 2023, the company showed considerable resilience against some difficult market conditions.
- One critical highlight was the significant increase of 22% in consolidated sales for the quarter compared to the same quarter the previous fiscal year, reaching a record high of JPY 3,747.5 billion.
- Notably, the operating income and net income also increased substantially year-on-year and reached the second-highest level on a quarterly basis.