Sony Group Corporation SEC Filings

Sony will distribute shares of its Financial Services subsidiary (SFGI) as a dividend in kind through a planned Spin-off and will account for this differently under J-GAAP and IFRS. Under J-GAAP, the dividend-in-kind is measured at the carrying amount of SFGI shares in Sony's standalone statements and that carrying amount determines amount available for dividends. Under IFRS, Sony will reduce equity by the fair value of SFGI shares and record a liability for that amount prior to deconsolidation. The Financial Services business is classified as a discontinued operation under IFRS 5 from Q1 FY ending March 31, 2026; the disposal group is measured at the lower of carrying amount or fair value less costs to distribute. Upon effectiveness, Sony will deconsolidate the business, recognize gains or losses comparing fair value and carrying amounts, reclassify accumulated other comprehensive income related to the disposal group (noting an accumulated other comprehensive loss of approximately ¥1.4 trillion as of end-June 2025), and remeasure any SFGI shares Sony retains at fair value.

Sony Group Corporation reported board authorization and subsequent repurchases of common shares under a buyback program approved at a Board meeting on May 14, 2025. During the repurchase period from August 1, 2025 to August 31, 2025, the company repurchased 15,151,600 shares for a total purchase amount of 60,906,111,707 yen. The filing lists the Chief Financial Officer in connection with the repurchase record. These figures reflect share buyback activity within the stated August 2025 window and tie back to the board resolution described in May.

Sony Group reported a translated share buyback report covering repurchases executed in July 2025. During the July 1–31 period the company repurchased 11,454,600 shares for ¥41,900,338,354, bringing cumulative repurchases to 30,410,600 shares for ¥113,163,793,087. The filing shows progress metrics of 30.41% (shares) and 45.27% (amount) against the board-authorized program.

The buyback was approved by the Board of Directors and executed via open-market purchases on the Tokyo Stock Exchange under a discretionary trading contract. The report also shows total issued shares of 6,149,810,645 and 156,843,325 shares held in treasury at month-end.

Sony Group (Q1 FY25: Apr-Jun 2025, IFRS, continuing ops) delivered solid topline and margin expansion while preparing to spin off its Financial Services arm on 1 Oct 2025.

• Sales: ¥2.622 tn, +2.2% YoY.
• Operating income: ¥339.96 bn, +36.5% YoY; margin 13.0% vs 9.7%.
• Net income (cont.): ¥262.82 bn, +22.6%; basic EPS: ¥43.08 vs 34.46.
• Segment highlights: Game & Network Services operating profit nearly tripled to ¥147.96 bn; Imaging & Sensing +48% to ¥54.25 bn. ET&S fell 33% to ¥43.14 bn.
• Balance sheet: Assets ¥35.13 tn (-0.5% QoQ); equity ratio up to 23.6%. Cash & equivalents (ex-FS) ¥1.60 tn.
• Cash flow: Operating cash from continuing ops ¥253.9 bn vs ¥146.9 bn; capex down 41%, supporting improved FCF.
• Dividends: FY26 forecast 25 yen/share (post-split, +25% vs implied 20 yen prior) excluding in-kind SFGI shares.
• Guidance (cont. ops, FY26): Sales ¥11.7 tn (-2.8%), OpInc ¥1.33 tn (+4.2%), Net income ¥970 bn (-9.1%); forecast revised to reflect tariffs and spin-off.
• Spin-off impact: Financial Services reclassified as discontinued; Q1 loss ¥22.1 bn vs profit ¥21.5 bn YoY. Assets of ¥20.9 tn and liabilities of ¥19.8 tn moved to ‘held for distribution’.

Key take-aways: Strong gaming and sensor demand offset softness in consumer electronics and FX-driven OCI drop. Upcoming spin-off simplifies structure but reduces earnings base; management still targets modest operating growth.