Sony Group (6758) Q3 2026 earnings summary

Executive summary

• FY 2025 Q3 sales rose 1% year-over-year to ¥3,713.7 billion, with operating income up 22% to ¥515.0 billion and net income up 11% to ¥377.3 billion, all record highs for the third quarter.

• The Financial Services business was spun off effective October 1, 2025, now classified as a discontinued operation, resulting in a significant one-time loss from discontinued operations of ¥1,357.5 billion for the nine-month period.

• Comprehensive income from continuing operations surged 39.7% year-over-year to ¥1,295.5 billion for the nine months ended December 31, 2025.

• Full-year forecasts were revised upward: sales to ¥12,300 billion, operating income to ¥1,540 billion, and net income to ¥1,130 billion.

• The Financial Services spin-off impacted segment reporting and comparability.

Financial highlights

• Operating income margin improved to 13.9% from 11.5% year-over-year.

• Diluted EPS increased to ¥62.82 from ¥56.42 year-over-year.

• On a constant currency basis, sales decreased approximately 2% year-over-year.

• Realization of unrealized gains on land transfer related to the spin-off contributed ¥43.9 billion to operating income.

• Net income attributable to stockholders from continuing operations was ¥947.8 billion, up from ¥843.0 billion a year earlier.

Outlook and guidance

• FY2026 sales are forecast at ¥12,300.0 billion (+2.2% year-over-year), operating income at ¥1,540.0 billion (+20.6%), and net income at ¥1,130.0 billion (+5.9%).

• Upward revisions driven by stronger G&NS and Music segment performance.

• The forecast includes a one-time remeasurement gain of approximately ¥45 billion from the Peanuts Holdings acquisition.

• Dividend per share planned at ¥25 post-stock split.

• Estimated tariff impact on operating income is -¥50 billion.