When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Sony Group Corp (NYSE:SONY) will on Thursday present plans for the growth of its financial unit, ahead of a spin-off set for September. According to Reuters, the group will distribute just over 80% of Sony Financial Group shares to investors via dividends in kind, retaining a stake of just under 20%.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Sony Group Corporation's FY24 results were mixed, with flat operations excluding financial services and declining PS5 sales, but strong profitability in core segments. Tariff risks and weak PS5 outlook weigh on guidance, with management expecting flat operating income and lower net income for the coming year. Imaging & Sensing Solutions remains a bright spot, projected to grow despite currency and tariff headwinds, while gaming faces ongoing challenges.
Sony's fiscal Q4 performance suffers from weaknesses in the G&NS, Financial Services, and ET&S units, despite strength in the Music, Pictures, and I&SS units.
Sony Group Corporation (NYSE:SONY ) Q4 2025 Earnings Conference Call May 14, 2025 3:00 AM ET Company Participants Hiroki Totoki - President and CEO Lin Tao - Chief Financial Officer Sadahiko Hayakawa - Senior Vice President Kazuhiro Yamada - Sony Financial Group Corporate Executive Officer and CFO Conference Call Participants Junya Ayada - JPMorgan Securities Kohei Okazaki - Nomura Securities Ryosuke Katsura - SMBC Nikko Securities Unidentified Company Representative Thank you very much for coming to attend our Meeting despite of your busy schedule. Now we'd like to start Sony Group Corporation's Corporate Strategy and Earnings Announcement Presentation 2025.
Sony shares rose about 2% on Wednesday after the company announced a 250 billion yen share buyback and operating income beat estimates.
The Japanese company reported a rise in fourth-quarter net profit thanks partly to higher earnings from its music and movie businesses.
Sony on Wednesday reported operating profit for the year ended March rose 16% to 1.4 trillion yen ($9.51 billion), beating analyst estimates.
Sony's Q4 performance is likely to have benefited from elevated demand across G&NS, Music and Financial Services units amid soft trends in the ET&S business.
Sony (SONY) closed the most recent trading day at $24.70, moving +1.02% from the previous trading session.
The latest trading day saw Sony (SONY) settling at $25.33, representing a +0.2% change from its previous close.