Sony released its fiscal report for the months of July, August and September 2022. It showed a 16% increase in consolidated sales compared to the same period last year. However, active PS Plus service subscribers decreased from 47.3 million to 45.4 million. Even so, the company reached the mark of 25 million units sold of the PlayStation 5.
Through the information disclosed on Tuesday (1) by the japanese company, it is possible to notice an improvement in sales in the games segment. Just to illustrate, the company made 645.4 billion yen in the area in the third quarter of 2021. In the same period of 2022, the numbers rose to 720.7 billion.
However, operating income on the gaming and network services portion fell by 49%. It went from 82.7 billion yen to 42.1 billion. This substantial loss can be explained by the Bungie acquisition at the beginning of the year, in addition to the increase in bond production costs and the impact of foreign exchange.
On the other hand, Sony reported that it sold 3.3 million PlayStation 5 consoles in this third quarter. Thus, the Japanese reached the total of 25 million units sold of its flagship video game since its launch in 2020.
It is true that these numbers are not encouraging, as they hinder the goal of 18 million systems shipped by the end of the fiscal year, which ends in March 2023. It is worth remembering that about 5.7 million PS5s have been sold since April 2023. 2022
The company hopes that the end-of-year festivities will bring important fruit to its goal. In 2021, the console managed to sell 11.5 million units.
PS Plus loses subscribers, but makes more money
Even with the new system PlayStation Plus service tiersthe Japanese company saw a drop in the number of subscribers to the platform.
In the months of July, August and September there were 45.4 million paying users. A drop of 4%, since until June 2022, that number was 47.3 million. The brand believes that this loss is consistent with lower engagement on the PS4 system, something it did not anticipate.
However, the PS Plus subscriber ratio on PlayStation 5 is getting bigger and bigger than on its predecessor. This excites Sony, as it gives the feeling that the migration between consoles is consolidating.
Finally, the company’s entire network services segment revenue increased from 100 billion to 117 billion yen. It is possible to understand that even with a decrease in the number of subscribers, everything indicates that these users are spending more money on the product.
Music and cinema also had changes
Other segments of the company saw more exciting performances during the third quarter of 2022. The music business, which encompasses streaming as well as album production and publishing, saw further growth. Sales went from 271.6 billion yen in 2021 to 359.3 billion yen this year.
The film division saw a slight decrease in operating income, from 31.6 billion to 27.6 billion yen. The Japanese pointed out that the absence of new productions on streaming services and the increase in marketing costs are the main factors in this drop.
Finally, the entertainment, services and technology block saw a 16% increase in operating sales. The reasons are the impact on exchange rates and the growth in consumer demand for digital cameras.
With information: The Verge.