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Sony Group Corp. has reduced its PlayStation 5 production outlook for this fiscal year due to component and logistics constraints, according to people familiar with its operations.

The Tokyo-based entertainment giant had previously targeted more than 16 million units assembled in the year ending in March, setting it up to achieve its sales goal for the period and also get a head start on the subsequent year’s production. The company has now cut that number down to about 15 million, making its aim of 14.8 million PS5 sales by March difficult, the people said, asking not to be named as the information is not public.

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