Sony Corporation FY2026 Q1 Corporate Report

Q1FY2026 Consolidated Financial Results
(Three months ended June 30, 2026)
Sony Group Corporation
July 31, 2026

1
2026 Kumamoto Earthquake
 Sony has several semiconductor facilities located in Kumamoto prefecture and
neighboring prefectures.
 While all these facilities were affected by the earthquake, there were no major
casualties.
 The Kumamoto Technology Center of Sony Semiconductor Manufacturing
Corporation (Kikuyo Town, Kumamoto Prefecture) experienced shaking at a
seismic intensity of 5+ and suspended production immediately after the
earthquake. Restoration efforts to resume production are currently underway.
 Sony’s production sites in Nagasaki, Oita and Kagoshima had no significant
damage to buildings or equipment and production has resumed.
 As it is currently difficult to reasonably estimate the financial impact of this
earthquake, the impact has not been incorporated into the full-year results
forecast we will show today.

2
Q1 FY2026 Consolidated Results
(Bln Yen) Q1FY25 Q1FY26 Change
Sales 2,621.62,837.8 +216.2
(+8 %)
Operating income 340.0 476.5 +136.5
(+40%)
Operating income margin 13.0%16.8% +3.8 pts
Income before income taxes 356.6 477.5 +120.9
(+34%)
Net income attributable to Sony Group
Corporation’s stockholders*
259.0 342.2 +83.1
(+32%)
Net income attributable to Sony Group
Corporation’s stockholders per share of
common stock (diluted)*
42.84 yen 57.82 yen +14.98 yen
Average Rate
1 US dollar 144.6 yen159.3 yen
1 Euro 163.6 yen185.3 yen
*Effective October 1, 2025, Sony Group Corporation executed a partial spin- off of Sony Financial Group Inc.(“SFGI”), a formerlywholly-owned subsidiary which operates the Financial Services business (the “Spin- off”). As a
result of the resolution of Sony Group Corporation’s Board of Directors on May 14, 2025 on a plan for the execution of the Sp in-off, the Financial Services business has been classified as a discontinued operation and
presented separately from continuing operations, comprised of Sony’s businesses excluding the Financial Services business, fr om Q1FY25 , in accordance with IFRS® Accounting Standards as issued by the International
Accounting Standards Board (“IFRS Accounting Standards”). Therefore, the above figures for net income attributable to Sony Group Corporation’s stockholders and net income attributable to Sony Group Corporation’s
stockholders per share of common stock (diluted) for Q1FY25 represent the results for continuing operations. As net income (loss) from discontinued operations was not recorded in Q1FY26 , there is no difference
between the figures for continuing operations and the consolidated figures for Q1FY26 (applies to all following pages).

3
Q1 FY2026 Consolidated Results : Ye a r-on -year change
Year- on-year
Change Contributing Factors
(+) Better ／(-) Worse
Sales +216.2 bln yen
+8 % (+) Increases in I&SS and Music segments sales
On a constant currency basis *, sales decreased by approximately 1%
Operating income +136.5 bln yen
+40 %
(+) Increases in I&SS and G&NS segments operating income
Financial income and
expenses, net
–
15.7 bln yen
( －) Decrease in unrealized gains mainly on Sony’s shares of Spotify
Technology S.A.
(+) Decrease in net foreign exchange losses
Income tax expense +33.7 bln yen ( －) Absence of decrease in tax expense from refunds of taxes paid in
previous years in Japan in Q1FY25
Effective tax rate
26% →27%
* For further details about the impact of foreign exchange rate fluctuations on sales and operating income (loss), refer to p age18(applies to all following pages).

4
Q1FY2026 Results by Segment
(Bln Y en ) Q1 FY25 Q1 FY26 ChangeFX Impact
Game & Network Services
(G&NS)
Sales 936.5 937.1 +0.6
+81.7
Operatingincome 148.0 202.0 +
54.1
+19.1
Music
Sales 465.3 562.0 +96.7
+42.1
Operatingincome 92.8 105.9 +13.1
Pictures
Sales 327.1 315.1 –
12.0
+29.1
Operatingincome 18.7 24.8 +6.1
Entertainment, Technology ＆
Services (ET&S )
Sales 534.3 543.9 +9.6
+38.4
Operating income 43.1 42.6 –
0.5
+9.5
Imaging ＆ Sensing Solutions
(I&SS)
Sales 408.2 512.7+104.5
+40.6
Operating income 54.3122.2 +68.0
+23.2
All Other, Corporate and
elimination
Sales – 49.8 -33.0 +16.8
Operating income -16.9 -21.0 -4.1
.
Consolidated
Sales 2,621.6 2,837.8 +216.2
Operating income 340.0476.5+136.5
Sales in each business segment represent sales recorded before intersegment transactions are eliminated (applies to all follo wing pages).
Operating income in each business segment represents operating income recorded before intersegment transactions are eliminated a nd excludes unallocated corporate expenses (applies to all following pages).

5
FY2026Consolidated Results Forecast
The impact of the 2026 Kumamoto Earthquake, which occurred on July 28, 2026, on financial results has not been incorporated i ntothe above results forecast, as it is currently difficult to reasonably estimate (applies to all following
pages).
*1 Net income attributable to Sony Group Corporation’s stockholders and Operating Cash Flow for FY25represent the figures for continuing operations. As net income (loss) and operating cash flow from discontinued operations ar e not
expected to be incurred in FY26, there is no difference between the figures for continuing operations and the consolidated figures in the FY26forecast (applies to all following pages).
*2 Year -on -year Change of the above dividend per share (planned) does not include the dividends in kind of the shares of SFGI fr om the Spin-off in FY25.
(Bln Yen)
FY25 FY26
FCT
May JulyChange from May
Sales 12,479.6 12,30012,500 +200
（+2%）
Operating income 1,447.5 1,6001,720 +120
（+8%）
Operating income margin 11.6% 13.0%13.8% +0.8 pts
Income before income taxes 1,422.4 1,6151,710 +95
（+6%）
Net income attributable to Sony
Group Corporation’s stockholders
*1 1,030.9 1,1601,210 +50
（+4%）
Operating Cash Flow *1 1,966.3 1,5001,500 －
Foreign exchange rate
Actual ・Average Q1
-Q4
(Assumption) Q2
-Q4
(Assumption)
1 US dollar 150.7 yen Approx. 150 yen Approx. 153 yen
1 Euro
174.7 yen Approx. 173 yen Approx. 175 yen
Dividend per Share (Planned)
Interim Year-end Total Year-on -year
Change *2
17.5 yen 17.5 yen 35 yen +10 yen

6
FY2026Consolidated Results Forecast: Change from May Forecast
Change from
May forecast Contributing Factors
(+) Better ／(-) Worse
Sales +200 bln yen
+2 % （＋）Increase in G&NS segment sales
Operating Income +120 bln yen
+8 %（＋）Increase in G&NS segment operating income
Income before income taxes +95
bln yen
+6 % （＋）Upward revision to operating income forecast
（－）Deterioration in financial income and expenses due to increase in
interest expenses
Net income attributable to
Sony Group Corporation’s
stockholders +50 bln yen
+4 % （＋）Upward revision to income before income taxes
forecast
（－）Increase in tax expense mainly due to increase in income before income taxes

7
FY2026Results Forecast by Segment
(Bln Yen)
FY25 FY26
FCT
May July
Change from May
Game & Network Services
( G&NS ) Sales 4,685.7 4,420
4,540 +120
Operating income 463.3 600
660 +60
Music
Sales 2,120.1 2,140
2,190 +50
Operating income 447.0400
420 +20
Pictures
Sales 1,499.3 1,630
1,660 +30
Operating income 104.9145
150 +5
Entertainment, Technology ＆
Services (ET&S )
Sales 2,260.5 2,250
2,250 －
Operating income 158.6150
150 －
Imaging ＆ Sensing Solutions
( I&SS )
Sales 2,151.5 2,070
2,110 +40
Operating income 357.3400
420 +20
All Other, Corporate and
elimination
Operating Income – 83.5 –
95 -80 +15
Consolidated
Sales 12,479.6 12,30012,500 +200
Operating income 1,447.5
1,6001,720 +120

8
Game & Network Services Segment
Q1FY2026 (year-on-year)
 Sales: Essentially flat
(FX Impact: +81.7 bln yen)
（＋）Impact of foreign exchange rates
（－）Decrease in sales of non -first -party game software titles
（－）Decrease in sales of hardware due to a decrease in unit
sales
 OI: 54.1 bln yen (37%) increase
(FX Impact: +19.1 blnyen)
（＋）Impact of U.S. tariff refunds
（＋）Positive impact of foreign exchange rates
（－）Increase in costs, including investments for the next- generation platform and restructuring costs
Sales, Operating Income and
Adjusted OIBDA
 Total PlayStation ® Monthly Active Users *reached 125 million accounts in June, up 2% year- on-year and a record high for
the month of June.
 Although total playtime during Q1FY26 decreased 4% year -on -year, user engagement continued to be solid because Q1
FY25 benefited from season updates to major titles and new hit titles.
936.5 937.1
148.0 202.0
177.9 228.1 （Bln
Yen ）
Sales Operating Income Adjusted OIBDA
* Monthly Active Users is an estimated total number of unique accounts that played games or used services online on PlayStation during the last month of the quarter and is based on company research and may be updated in the future.
Adjusted OIBDA is not a measure in accordance with IFRS Accounting Standards. However, Sony Group Corporation and its consoli dated subsidiaries (“Sony”) believe that this disclosure may be useful information to investors. For the
formula for Adjusted OIBDA, see page 18. For its reconciliation, see “Supplemental Information for the Consolidated Financial Results for the First Qua rter Ended June 30, 2026” (applies to all following pages).
Q1 FY25 Q1
FY26

9
4,685.7 4,420 4,540
463.3 600
660
719.8
705770
FY2026
Forecast (change from May forecast)
 Sales: 120 bln yen (3%) upward revision
（＋）Impact of foreign exchange rates
OI: 60 bln yen (10%) upward revision
（＋）Impact of U.S. tariff refunds
（＋）Positive impact of foreign exchange rates
（＋）Improvement in costs
（－）Impact of adjustments to the FY26first-party title
roadmap
Sales, Operating Income and
Adjusted OIBDA
 Regarding the impact of memory market conditions on PlayStation ®5hardware, we have secured the quantity of memory
necessary to meet our projected sales volume for FY26, and there is no change to our plan for hardware profitability for
FY26 to remain similar to FY25.
（Bln Yen ）
Game & Network Services Segment
Sales Operating Income Adjusted OIBDA
FY25 FY26
May FCT FY26
July FCT

10
Music Segment
Q1 FY2026 (year-on-year)
 Sales: 96.7 bln yen (21%) increase
(FX Impact: +42.1 bln yen)
（＋）Impact of foreign exchange rates
（＋）Higher revenues from live events and merchandising in Recorded Music
（＋）Higher revenues from streaming services in Recorded Music and Music Publishing
 OI: 13.1 bln yen (14%) increase
（＋）Impact of increase in sales
Sales, Operating Income and
Adjusted OIBDA
 Q1 FY26 streaming revenue growth rates on a U.S. dollar basis were +10% year- on-year for Recorded Music and +8% for
Music Publishing.
465.3 562.0
92.8 105.9
117.1 134.4
（Bln
Yen ）
Sales Operating Income Adjusted OIBDA
Q1 FY25 Q1
FY26

11
2,120.1 2,1402,190
447.0 400420
507.8
510540
Music
Segment
FY2026 Forecast (change from May forecast)
 Sales: 50 bln yen (2%) upward revision
（＋）Impact of foreign exchange rates
（＋）Impact of the consolidation of Recognition Music Group
OI: 20 blnyen (5%) upward revision
（＋）Impact of the consolidation of Recognition Music Group
（＋）Positive impact of foreign exchange rates
Sales, Operating Income and
Adjusted OIBDA
（Bln Yen ）
Sales Operating Income Adjusted OIBDA
FY25 FY26
May FCT FY26
July FCT

12
Pictures Segment
Q1 FY2026 (year-on-year)
The following analysis is on a U.S. dollar basis
 Sales: 12.0 blnyen (4%) decrease
(U.S. dollar basis: -285 mil USD / -13%)
（－）Decrease in series deliveries in Television Productions
（－）Lower revenues from theatrical releases in the current fiscal year in Motion Pictures
（＋）Higher revenues from Crunchyroll mainly due to paid subscriber growth
 OI: 6.1 blnyen (33%) increase
(U.S. dollar basis: +27 mil USD / +21%)
（＋）Lower marketing costs for current fiscal year theatrical
releases in Motion Pictures
（－）Lower contribution from catalog product in Motion Pictures
（－）Impact of decrease in sales for Television Productions
Sales, Operating Income and
Adjusted OIBDA
 Crunchyroll continues to grow its subscribers beyond the more than 21 million it had at the end of March this year, and its
results in Q1 FY26 improved year -on -year.
327.1
315.1
18.7 24.8
31.3
38.5 （Bln
Yen ）
Sales Operating Income Adjusted OIBDA
Q1 FY25 Q1
FY26

13
Pictures Segment
FY2026 Forecast (change from May forecast)
 Sales: 30 bln yen (2%) upward revision
（＋）Impact of foreign exchange rates
 OI: 5 bln yen (3%) upward revision
（＋）Impact of higher licensing sales of catalog titles in
Television Productions
Sales, Operating Income and
Adjusted OIBDA
（Bln Yen ）
Sales Operating Income Adjusted OIBDA
1,499.3 1,630
1,660
104.9 145
150
185.5
195
200
FY25 FY26
May FCT FY26
July FCT

14
Entertainment, Technology & Services Segment
Q1FY2026 (year-on-year)
 Sales: 9.6 bln yen (2%) increase
(FX Impact: +38.4 bln yen)
（＋）Impact of foreign exchange rates
（－）Decrease in unit sales across various businesses including Displays
 OI: Essentially flat
(FX Impact : +9.5 bln yen ）
（＋）Positive impact of foreign exchange rates
（－）Impact of increase in memory costs in Imaging and Displays
Sales, Operating Income and
Adjusted OIBDA
534.3 543.9
43.1 42.6
67.1
69.8 （Bln
Yen ）
Sales Operating Income Adjusted OIBDA
Q1 FY25 Q1
FY26
In Q1 FY26 , the imaging market remained stable in all regions except China which continued to experience negative
growth year- on-year.

15
2,260.5 2,2502,250
158.6 150150
261.7
260260
Entertainment, Technology & Services Segment
FY2026Forecast ( change from May forecast )
Sales: Remains unchanged from May forecast
 OI: Remains unchanged from May forecast
（＋）Impact of U.S. tariff refunds
Sales, Operating Income and
Adjusted OIBDA
（Bln Yen ）
Sales Operating Income Adjusted OIBDA
FY25 FY26
May FCT FY26
July FCT
 The continued surge in memory prices remains a key business challenge in FY26 . However, the business is doing
everything it can to implement cost -reduction measures in procurement and design, and to adjust its pricing strategies,
including foreign exchange management. For the segment as a whole, we expect to maintain the profit level projected in
the previous forecast.

16
Imaging & Sensing Solutions Segment
Q1 FY2026 (year-on-year)
 Sales: 104.5blnyen (26%) increase
(FXImpact: +40.6blnyen）
（＋）Increase in sales of image sensors for mobile products （＋）Improvement in product mix
（＋）Increase in unit sales
（＋）Impact of foreign exchange rates
 OI: 68.0 bln yen (125%) increase
(FX Impact: +23.2blnyen）
（＋）Impact of increase in sales
（＋）Positive impact of foreign exchange rates
Sales, Operating Income and
Adjusted OIBDA
In Q1 FY26, although our mobile sensor unit sales only slightly increased year- on-year, sales grew significantly year -on –
year due to improved customer and product mix, as well as the impact of foreign exchange rates.
408.2 512.7
54.3 122.2
120.1 188.7
（Bln
Yen ）
Sales Operating Income Adjusted OIBDA
Q1 FY25 Q1
FY26

17
Imaging & Sensing Solutions Segment
FY2026 Forecast (change from May forecast)
 Sales: 40 bln yen (2%) upward revision
（＋）Impact of foreign exchange rates
 OI: 20 bln yen (5%) upward revision
（＋）Positive impact of foreign exchange rates
（－）Recording of costs to prepare for the establishment of the
joint venture with TSMC *
The impact of the 2026 Kumamoto Earthquake, which occurred on July 28, 2026, on financial results has not been incorporated i ntothe above results forecast, as it is currently difficult to reasonably estimate.
*Taiwan Semiconductor Manufacturing Company Limited
Sales, Operating Income and
Adjusted OIBDA
 As we anticipate that market conditions for memory will also affect shipment volumes of high- end smartphones toward the
second half of the fiscal year, we remain cautious in our full -year forecast and expect revenue for mobile sensors as a
whole to slightly decrease from the previous fiscal year.
（Bln Yen ）
Sales Operating Income Adjusted OIBDA
2,151.5
2,0702,110
357.3 400
420
658.8
655680
FY25 FY26
May FCT FY26
July FCT

18
Notes
Notes about Adjusted OIBDA
Adjusted OIBDA (Operating Income Before Depreciation and Amortization) iscalculated by the following formula:
Adjusted OIBDA= Operating income + Depreciation and amortization expense* -the profit and loss amount that Sony deems non- recurring
* In the above formula, depreciation and amortization expense excludes amortization for film costs and broadcasting rights, as well as forinternally developed game content
and master recordings included in Content assets.
Adjusted OIBDAis not a measure in accordance with IFRS Accounting Standards. However, Sony believes that this disclosure may be useful inform ation to investors. Adjusted
OIBDA should be considered in addition to, not as a substitute for, Sony’s results in accordance with IFRS Accounting Standards.
Sales on a Constant Currency Basis and the Impact of Foreign Exchange Rate Fluctuations
The descriptions of sales on a constant currency basis reflect sales calculated by applying the yen’s monthly average exchang e rates from the same period of the previous fiscal
year to local currency -denominated monthly sales in the relevant period of the current fiscal year. For Sony Music Entertainment (“SME”) and Sony Music Publishing LLC (“SMP”)
in the Music segment, and in the Pictures segment, the constant currency amounts are calculated by applying the monthly average U.S. dollar / yen exchange rates after
aggregation on a U.S. dollar basis.
Results for the Pictures segment are described on a U.S. dollar basis as the Pictures segment reflects the operations of Sony Pictures Entertainment Inc. (“SPE”), a U.S. -based
operation that aggregates the results of its worldwide subsidiaries in U.S. dollars.
The impact of foreign exchange rate fluctuations on sales is calculated by applying the change in the yen’s periodic weighted average exchange rate for the same period of the
previous fiscal year from the relevant period of the current fiscal year to the major transactional currencies in which the sale s are denominated. The impact of foreign exchange
rate fluctuations on operating income (loss) is calculated by subtracting from the impact on sales the impact on cost of sale s and selling, general and administrative expenses
calculated by applying the same major transactional currencies calculation process to cost of sales and selling, general and administrative expenses as for the impact on sales. If
the I&SS segment has independently entered into foreign exchange hedging transactions, the impact of such transactions is inc luded in the impact of foreign exchange rate
fluctuations on sales and operating income (loss) for that segment.
This information is not a substitute for Sony’s consolidated financial statements and condensed (semi -annual) consolidated financial statements measured in accordance with
IFRS Accounting Standards. However, Sony believes that these disclosures provide additional useful analytical information to investors regarding the operating performance of
Sony.
Notes about Financial Performance of the Music
and Pictures segments
The Music segment results include the yen- based results of Sony Music Entertainment (Japan) Inc. and the yen- translated results of SME and SMP, which aggregate the results
of their worldwide subsidiaries on a U.S. dollar basis.
The Pictures segment results are the yen- translated results of SPE, which aggregates the results of its worldwide subsidiaries on a U.S. dollar basis. Management analyzes the
results of SPE in U.S. dollars, so discussion of certain portions of its results is specified as being on “a U.S. dollar basi s.”

19
Cautionary Statement
Statements made in this material with respect to Sony’s current plans, estimates, strategies and beliefs and other statementsthat are not historical facts are forward -looking statements
about the future performance of Sony. Forward -looking statements include, but are not limited to, those statements using words s uch as “believe,” “expect,” “plans,” “strategy,” “prospects,”
“forecast,” “estimate,” “project,” “anticipate,” “aim,” “intend,” “seek,” “may,” “might,” “could” or “should,” and words of s imilar meaning in connection with a discussion of future operations,
financial performance, events or conditions. From time to time, oral or written forward -looking statements may also be included in other materials released to the public. These statements
are based on management’s assumptions, judgments and beliefs in light of the information currently available to it. Sony caut ions investors that a number of important risks and
uncertainties could cause actual results to differ materially from those discussed in the forward -looking statements, and theref ore investors should not place undue reliance on them.
Investors also should not rely on any obligation of Sony to update or revise any forward -looking statements, whether as a result of new information, future events or otherwise. Sony
disclaims any such obligation. Risks and uncertainties that might affect Sony include, but are not limited to:
( i) Sony’s ability to maintain product quality and customer satisfaction with its products and services;
(ii) Sony’s ability to continue to design and develop and win acceptance of, as well as achieve sufficient cost reductions for, its products and services, including image sensors,
game and network platforms, smartphones and televisions, which are offered in highly competitive markets characterize d by severe price competition and continual new
product and service introductions, rapid development in technology and subjective and changing customer preferences;
(iii) Sony’s ability to implement successful hardware, software, and content integration strategies, and to develop and implement successful sales and distribution strategies in light
of new technologies and distribution platforms;
(iv) the effectiveness of Sony’s strategies and their execution, including but not limited to the success of Sony’s acquisitions, joint ventures, investments, capital expenditures,
restructurings and other strategic initiatives;
(v) changes in laws, regulations and government policies in the markets in which Sony and its third -party suppliers, service pro viders and business partners operate, including those
related to taxation, as well as growing consumer focus on corporate social responsibility;
(vi) Sony’s continued ability to identify the products, services and market trends with significant growth potential, to devote s ufficient resources to research and development, to
prioritize investments and capital expenditures correctly and to recoup its investments and capital expenditures, inc luding those required for technology development and
product capacity;
(vii) Sony’s reliance on external business partners, including for the procurement of parts, components, software and network serv ices for its products or services, the
manufacturing, marketing and distribution of its products, and its other business operations;
(viii) the global economic and political environment in which Sony operates and the economic and political conditions in Sony’s markets, particularly levels of consumer spending;
(ix) Sony’s ability to meet operational and liquidity needs as a result of significant volatility and disruption in the global f inancial markets or a ratings downgrade;
(x) Sony’s ability to forecast demands, manage timely procurement and control inventories;
(xi) foreign exchange rates, particularly between the yen and the U.S. dollar, the euro and other currencies in which Sony makes significant sales and incurs production costs, or in
which Sony’s assets, liabilities and operating results are denominated;
(xii) Sony’s ability to recruit, retain and maintain productive relations with highly skilled personnel;
(xiii) Sony’s ability to prevent unauthorized use or theft of intellectual property rights, to obtain or renew licenses relating to intellectual property rights and to defend itself against claims
that its products or services infringe the intellectual property rights owned by others;
(xiv) risks related to catastrophic disasters, geopolitical conflicts, pandemic disease or similar events;
(xv) the ability of Sony, its third -party service providers or business partners to anticipate and manage cybersecurity risk, includ ing the risk of unauthorized access to Sony’s business
information and the personally identifiable information of its employees and customers, potential business disruptions or fin ancial losses; and
(xvi) the outcome of pending and/or future legal and/or regulatory proceedings.
Risks and uncertainties also include the impact of any future events with material adverse impact. The continued impact of de velopments relating to the situations in Ukraine and Russia and
in the Middle East ,as well as the series of changes in U.S. tariff policy, could heighten many of the risks and uncertainties noted above. Impor tant information regarding risks and
uncertainties is also set forth in Sony’s most recent Form 20 -F, which is on file with the U.S. Securities and Exchange Commissi on.