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Sony Group to spinoff & list Sony Bank in FY26; FY24 net income rises 18% thanks to gaming, music & imaging

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Sony Q3 FY24 sales jumps 18% thanks to finance, gaming & music divisions

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Sony promotes Hiroki Totoki to President and CEO effective April 1, 2025; CFO, CTO/CTF, business CEOs updated

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Hiroki Totoki, newly promoted CEO and President of Sony Group effective April 1, 2025 Tokyo, Japan - Sony Group Corporation ("Sony") today announced that Hiroki Totoki, currently Director, Representative Corporate Executive Officer, President, COO and CFO, has been newly appointed as Director, Representative Corporate Executive Officer, President and Chief Executive Officer, effective April 1, 2025. Kenichiro Yoshida, currently Director, Representative Corporate Executive Officer, Chairman and CEO, will become Director, Representative Corporate Executive Officer, Chairman, also effective April 1, 2025. These appointments were proposed by Kenichiro Yoshida to the Nominating Committee, and following deliberation by the Committee, were approved unanimously at the Board meeting held today. Also effective April 1, 2025, Sony will implement changes to its management structure to clarify management roles according to their responsibilities for the management of the...

Sony Innovation Fund and Genesia Ventures raises 3 billion yen for donation settlement service provider ConGrant; loans from Japan Finance Corporation (JFC) included

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Sony Innovation Fund and Genesia Ventures raises 3 billion yen in a series A funding round for donation settlement service provider Con Grant Co., Ltd. (Congrant, Head office: Nishi-ku, Osaka; Representative Director: Masataka Sato). The sum includes loans from the Japan Finance Corporation (JFC) and will be used to accelerate the development of Japan's donation culture and systems to realize a world where donations can reach all segments of society including the underfunded. Company profile Con Grant Co., Ltd. provide a "donation DX system" centered on donation settlement for the social sector and companies. Congrant provide a one stop service for everything necessary for fundraising such as donation solicitation, settlement, CRM, etc., with more than 2,800 organizations using it, and 80 total donation distributions, it has already processed over a billion yen of donations to date. Con Grant is also developing businesses that promote corporate and employee donation DX, a...

Sony Playstation celebrates 30 years of gaming with New Year 2025 Fire Sale

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Undecided on your gaming plans for the holidays? Let PlayStation Store help with a sleigh-full of discounted delights!  We’re rounding off 2024 with one of the biggest promotions of the year, featuring numerous games and DLC, all reduced for a limited time*. That includes the likes of EA Sports FC 25, Call of Duty: Black Ops 6, NBA 2K25 and God of War Ragnarök.    Preview a selection of the offers below, head to PlayStation Store to find out more.  A Plague Tale: Innocence A Plague Tale: Requiem AEW: Fight Forever After the Fall® – Complete Edition Afterimage PS4 & PS5 Agatha Christie – Murder on the Orient Express Age of Wonders 4 Akimbot Among Us VR Angry Birds VR: Isle of Pigs Anno 1800™ Console Edition – Standard Another Crab’s Treasure Arizona Sunshine® 2 Arizona Sunshine® Remake ARK: Survival Ascended ARMORED CORE VI FIRES OF RUBICON – Deluxe Edition PS4&PS5 ARMORED CORE VI FIRES OF RUBICON PS4&PS5 Arranger: A Role-Puzzling Adv...

Sony PlayStation Top Games of 2024

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Palworld An indie game coming from Japan, Palworld is an open world, crafting and survival game full of adorable creatures (Pals), that took the gaming world by storm. The gameplay loop of collecting Pals, expanding your base, and venturing out further out into the world is very addicting and hard to put down. Neva The latest title from the visionary team behind GRIS, a beautiful yet heartbreaking adventure game released back in 2018. Neva chronicles the story of the player and a wolf cub, Neva, who together embark on a journey through a vibrant world that progresses from season to season. The story is told without dialogue, and the ending will move you to tears. Fear the Spotlight Fear the Spotlight is an atmospheric horror adventure featuring a retro low-polygon art style reminiscent of the original PlayStation era. Two teenage girls sneak into school after hours, only to be separated by disturbing paranormal activities. They must solve puzzles and stay out of sight of t...

Sony invests in AI chip startup Gemesys; targets 10,000x energy savings

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AI chip startup Gemesys raises €8.6m pre-seed round, led by Atlantic Labs and Amadeus Apex Technology Fund. Sony Innovation Fund participated in the funding round. The company says it's seeking to reduce the energy consumption of training and running AI models by 10,000 times by having chipsets with trained AI models run directly on smartphones and other devices, without the need to transmit any raw data to a data center. It is currently working with three pilot customers in energy grid, hearing implants and security.  

Sony Q2 FY2024 net income jumps 69% thanks to gaming, imaging & music; stock pops 6%

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