Sony Reports ¥120.1 Billion Sony Bungie Impairment Loss
Sony's sony bungie impairment loss reached ¥120.1 billion ($765 million) in full-year results after Bungie's title portfolio failed to meet expectations. The charge lands on a games unit that still posted record-high operating income for the year, but fourth-quarter operating income fell 41.6%.
Bungie’s ¥120.1 Billion Charge
¥120.1 billion was the total impairment Sony recorded related to Bungie, split across a prior ¥31.5 billion ($204.2 million) charge after Destiny 2 underperformed in the second quarter and an additional ¥88.6 billion ($565 million) in the fourth quarter. Bungie's extraction shooter Marathon launched during that fourth quarter, yet Sony said player reception is strong and engagement metrics such as retention remain at a high level.
125 million monthly active users in the fourth quarter and 317.9 million non-first-party software units show the wider games business kept moving even as the Bungie asset was written down. First-party game sales also rose to 32.1 million units from 28.9 million a year earlier, while total software sales reached ¥2.6 trillion ($16.5 billion).
PS5 Hardware Slows
¥1.4 trillion in annual hardware revenue marked a 12.1% decline, while fourth-quarter hardware revenue fell 28.4% to ¥209.1 billion ($1.3 billion). PlayStation 5 unit sales dropped to 16 million from 18.5 million last year, and Sony sold 1.5 million units in the fourth quarter versus 2.8 million in the same period a year earlier.
93 million cumulative PlayStation 5 sales still give Sony scale, but the hardware line is no longer carrying the segment the way it did earlier in the console cycle. If software and network services keep offsetting the weaker console mix, the segment can still expand earnings even with larger asset charges on specific studios.
Sony’s FY26 Outlook
¥763.1 billion in network services sales rose 13.9%, helping push G&NS revenue to flat for the year and operating income to a record high. Sony now projects G&NS revenue will fall 6% to ¥4.4 trillion ($28 billion) in FY26 even as operating income is expected to rise 30% to ¥600 billion ($3.8 billion).
