Sony Q3 FY2024 financial results

Sony released their Q3 FY2024 financial results – here is the recap from SonyAddict:

Entertainment, Technology & Service Segment:

Next is the ET&S segment.
Sales for the quarter decreased 4% year-on-year to 704.5 billion yen, primarily due to a decrease in unit sales of televisions, while operating income remained essentially flat at 77.1 billion yen.
The full-year forecast is unchanged from the previous forecast.

Imaging & Sensing Solutions Segment:

Next is the I&SS segment.
Sales for the quarter were essentially flat year-on-year at 500.9 billion yen, primarily due to a decrease in sales of mobile image sensors offsetting the impact of foreign exchange rates.
Despite the positive impact of foreign exchange rates, operating income decreased 2% year-on-year to 97.5 billion yen primarily due to increased manufacturing costs and the impact of the decreased sales.
We have slightly increased the full-year sales forecast from the previous forecast to 1 trillion 790 billion yen, while the forecast for operating income is unchanged.