Tag - ps5

 
 

PS5

Sony's move to cut costs and Microsoft's decision to release titles on rival platforms reflect uncertainty in the gaming industry.
COMMENTARY / Japan
Mar 8, 2024
Looks like we're nearing peak PlayStation
The gaming industry as a whole is struggling with ballooning development costs and longer production cycles, leading to fewer and risk-averse titles.
Sony trimmed its revenue forecast after sales of its flagship PlayStation 5 in the December quarter came in roughly a million units lower than analysts’ estimates.
BUSINESS / Companies
Feb 15, 2024
Sony dives most in two years after cutting PS5 sales outlook
Shares fell as much as 8.4% in early Tokyo trading, the biggest intraday fall since February 2022.
Attendees play the Fate/Samurai Remnant video game on PlayStation 5 video game consoles at the Tokyo Game Show in September.
BUSINESS / Companies
Dec 21, 2023
Sony highlights PS5 momentum as hardware sales top 50 million
Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive has said, with lifetime sales exceeding 50 million units and the company recording its best-ever Black Friday period sales for the device.
Sony Group has raised its full-year outlook after its media divisions outperformed.
BUSINESS / Companies
Nov 9, 2023
Sony raises sales and profit outlook as media helps offset mobile
The adjustments suggest resilient consumer spending and a weaker yen are stabilizing the business.
Jim Ryan, president and CEO of Sony Interactive Entertainment, speaks during the Consumer Electronics Show in Las Vegas in January.
BUSINESS / Companies
Sep 28, 2023
Sony gaming chief Jim Ryan to retire in March
Ryan became CEO of Sony Interactive Entertainment in 2019 and oversaw initiatives including the launch of the PlayStation 5.
Sony, a key supplier of image sensors to Apple and other device-makers, has said it doesn’t expect demand in the mobile phone market to bounce back until next year at the earliest.
BUSINESS / Companies
Aug 10, 2023
Sony falls most in a year as smartphone demand fails to recover
The Tokyo-based company’s operating income fell 31% in the first fiscal quarter because of sharp declines in the movie and sensor groups.
Japan Times
BUSINESS
Apr 28, 2023
Sony casts doubt on PlayStation momentum with cagey outlook
The Tokyo-based firm said it expects operating income of ¥1.17 trillion ($8.7 billion) in the year ending March 2024, below average analyst estimates of ¥1.27 trillion.
Japan Times
BUSINESS / Companies
Nov 2, 2022
Sony bumps up profit outlook as weak yen juices sales
A boost in streaming sales from its music publishing business helped fuel the earnings revision, making up for lackluster momentum in its games and image sensor businesses.
Japan Times
BUSINESS / Tech
Aug 26, 2022
Sony hikes prices for PS5 in Japan and other markets but spares U.S. consumers
Sony's games business has been squeezed by supply chain snarls feeding into hardware shortages, but the firm now aims to boost production of the consoles for the year-end shopping season.
Japan Times
BUSINESS
Aug 2, 2022
Video game consoles have been spared inflation in Japan, but for how long?
The weaker yen has triggered price hikes on electronics from iPhones to refrigerators across Japan this year, with one glaring exception: the video game console.
Japan Times
BUSINESS / Tech / FOCUS
Jul 5, 2022
'Guerrilla' sales and crowdsourcing: Japan's game console crunch
Video game consoles by Sony and Microsoft have been hard to buy since their November 2020 release, leaving consumers and sellers stuck in a game of cat-and-mouse.
Japan Times
BUSINESS / Tech
Jun 12, 2022
Sony PlayStation’s new God of War video game planned for November
God of War Ragnarok, now to be released in November, was announced in 2020 for PlayStation consoles. Sony had delayed the game several times since.
Japan Times
BUSINESS
Feb 19, 2022
Horizon Forbidden West looms large in Sony’s PlayStation strategy
The new Horizon game is the first big PlayStation launch of 2022 and reflects Sony's strategy of releasing blockbuster exclusives that can only be played on its consoles.
Japan Times
BUSINESS / Companies
Feb 2, 2022
'Spider-Man' propels Sony to forecast-smashing third-quarter profit
The firm is benefiting from strong demand for its PlayStation 5 games console, which it launched in November 2020.
Japan Times
BUSINESS / Companies
Jan 12, 2022
Sony is dealing with PlayStation 5 shortage by making more PS4s
The older console uses less advanced chips, is simpler to make and provides a budget-friendly alternative to the flagship model.
Japan Times
LIFE / Digital / ON: GAMES
Sep 5, 2021
Need a vacation from reality? Slash your way through 13th-century Japan
Let the newly released Ghost of Tsushima Director's Cut whisk you away to a nobler time of scenic isles, marauding samurai and petting foxes.
Japan Times
BUSINESS / Companies
May 27, 2021
Sony targets 1 billion global entertainment users
The coronavirus pandemic has boosted the group's sales as people spend more time playing games and using other entertainment services at home.
Japan Times
BUSINESS / Companies
May 10, 2021
Sony warns tight PlayStation 5 supply to extend into next year
The conglomerate said it had sold 7.8 million units of the console through March 31, and it is aiming to sell at least 14.8 million units in the current fiscal year.
Japan Times
BUSINESS / Companies
May 4, 2021
Sony strikes deal to get Discord onto PlayStations next year
The move could potentially connect more than 140 million gamers to the Japanese technology giant's growing console ecosystem.
Japan Times
LIFE / Digital / ON: GAMES
Feb 7, 2021
Game consoles and famous franchises get spruced-up
The Switch gets a Mario makeover, while Super Mario 3D World and Nioh get remastered for new consoles.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores