6-K 1 tm2613222d1_6k.htm FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of May 2026

Commission File Number: 001-06439

SONY GROUP CORPORATION

(Translation of registrant’s name into English)

1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN

(Address of principal executive offices)

The registrant files annual reports under cover of Form 20-F.

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F,

Form 20-F x

Form 40-F ¨

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	SONY GROUP CORPORATION (Registrant)

	By:	/s/ Lin Tao
		(Signature)
	Lin Tao
	Chief Financial Officer

Date: May 8, 2026

List of Materials

Documents attached hereto:

Consolidated Financial Summary for the Fiscal Year Ended March 31, 2026

Consolidated Financial Summary for the Fiscal Year Ended March 31, 2026

(In accordance with IFRS^® Accounting Standards as issued by the International Accounting Standards Board (“IFRS Accounting Standards”))

May 8, 2026

Company name	: Sony Group Corporation
Stock exchange listing	: Tokyo Stock Exchange (“TSE”)
Securities code	: 6758
URL	: https://www.sony.com/en/SonyInfo/IR/
Representative	: Hiroki Totoki, Representative Corporate Executive Officer
Contact person	: Shunsuke Shinchi, General Manager, Investor Relations Section, Investor Relations Department
Telephone	: +81-3-6748-2111
Scheduled date of annual general meeting of Shareholders	: June 23, 2026
Scheduled date to commence dividend payment	: June 1, 2026
Scheduled date to file Annual securities report	: June 18, 2026
Preparation of supplementary materials on financial results	: Yes
Holding of financial results briefing	: Yes (for investors and analysts)

(Amounts are rounded to the nearest million yen, unless otherwise noted.)

1. Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

(1) Consolidated operating results

(Percentages indicate year-on-year changes.)

Continuing operations^*1	Sales				Operating income				Income before income taxes				Net income				Net income attributable to Sony Group Corporation’s stockholders
Fiscal Year ended	Yen in millions		%		Yen in millions		%		Yen in millions		%		Yen in millions		%		Yen in millions		%
March 31, 2026		12,479,620		3.7		1,447,507		13.4		1,422,374		5.9		1,055,266		-2.8		1,030,893		-3.4
March 31, 2025		12,034,917		-		1,276,635		-		1,343,198		-		1,085,718		-		1,067,431		-

Continuing operations^*1	Total comprehensive income				Basic earnings per share^*2		Diluted earnings per share^*2		Return on equity attributable to Sony Group Corporation’s stockholders^*3		Ratio of income before income taxes to total assets		Ratio of operating income to sales
Fiscal Year ended	Yen in millions		%		Yen		Yen		%		%		％
March 31, 2026		1,472,023		47.1		172.51		171.44		12.6		5.6		11.6
March 31, 2025		1,000,403		-		176.45		175.71		13.5		3.9		10.6

Reference: Share of profit (loss) of investments accounted for using the equity method^*1

For the fiscal year ended March 31, 2026: ¥(64,194) million

For the fiscal year ended March 31, 2025: ¥(7,865) million

Effective October 1, 2025, Sony Group Corporation executed a partial spin-off of Sony Financial Group Inc. (“SFGI”), a formerly wholly-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 Spin-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, from the three months ended June 30, 2025, in accordance with IFRS Accounting Standards. Therefore, the above operating results represent the results for continuing operations. The results for the fiscal year ended March 31, 2025, the comparative period, have been re-presented to conform to the current presentation. On a consolidated basis including the discontinued operation, net loss, net loss attributable to Sony Group Corporation’s stockholders and total comprehensive income for the fiscal year ended March 31, 2026 were 302,492 million yen, 326,865 million yen and 1,523,029 million yen, respectively. On a consolidated basis including the discontinued operation, basic loss per share and diluted loss per share for the fiscal year ended March 31, 2026 were 54.70 yen and 54.36 yen, respectively. In connection with the execution of the Spin-off, a loss of 1,377,795 million yen has been recorded within net income (loss) from discontinued operations as a result of the reclassification of the Financial Services business’s accumulated other comprehensive income balance at the time of deconsolidation to net income (loss) from discontinued operations. This accounting treatment is a reclassification between items within equity in the consolidated statements of financial position and does not affect total equity or cash flows, or profit or loss for continuing operations. Additionally, it does not affect Sony Group Corporation’s standalone financial statements based on Japanese generally accepted accounting principles (“J-GAAP”), nor the amount available for dividends. For details of discontinued operations, please refer to “Notes to Consolidated Financial Statements - Accounting Policy and Other Information (Discontinued operations)” on page 19 of the Appendix.

Sony Group Corporation conducted a five-for-one stock split of its common stock effective October 1, 2024, with a record date of September 30, 2024. The above figures for basic earnings per share and diluted earnings per share are calculated based on the assumption that the stock split was conducted at the beginning of the fiscal year ended March 31, 2025.

Return on equity attributable to Sony Group Corporation’s stockholders is calculated using net income from continuing operations attributable to Sony Group Corporation’s stockholders and equity attributable to Sony Group Corporation’s stockholders. The figure for the fiscal year ended March 31, 2025 has been re-presented to conform to this calculation.

(2) Consolidated financial position

	Total assets		Total equity		Equity attributable to Sony Group Corporation’s stockholders		Ratio of equity attributable to Sony Group Corporation’s stockholders to total assets		Equity attributable to Sony Group Corporation’s stockholders per share^*
As of	Yen in millions		Yen in millions		Yen in millions		%		Yen
March 31, 2026		15,683,490		8,513,589		8,119,011		51.8		1,374.32
March 31, 2025		35,293,173		8,510,151		8,179,745		23.2		1,357.63

Sony Group Corporation conducted a five-for-one stock split of its common stock effective October 1, 2024, with a record date of September 30, 2024. The above figures for equity attributable to Sony Group Corporation’s stockholders per share are calculated based on the assumption that the stock split was conducted at the beginning of the fiscal year ended March 31, 2025.

(3) Consolidated cash flows

	Cash flows from operating activities		Cash flows from investing activities			Cash flows from financing activities			Cash and cash equivalents at end of the fiscal year
Fiscal year ended	Yen in millions		Yen in millions			Yen in millions			Yen in millions
March 31, 2026		1,945,617		(1,970,542	)		(842,761	)		2,208,879
March 31, 2025		2,321,675		(930,120	)		(298,243	)		2,980,956

Note:

The table above represents consolidated cash flows including cash flows from discontinued operations. For further information, please refer to “Consolidated Statements of Cash Flows” on page 9 of the Appendix and “Notes to Consolidated Financial Statements - Accounting Policy and Other Information (Discontinued operations)” on page 19 of the Appendix.

2. Dividends

	Annual dividends per share														Ratio of dividends to equity attributable to Sony Group Corporation’s
	First quarter-end		Second quarter-end		Third quarter-end		Year-end		Total		Total cash dividends (Total)		Payout ratio (Consolidated)^*2		stockholders (Consolidated)
	Yen		Yen		Yen		Yen		Yen		Yen in millions		%		%
Fiscal year ended March 31, 2025^*1		-		50.00		-		10.00		-		120,597		11.3		1.5
Fiscal year ended March 31, 2026		-		12.50		-		12.50		25.00		148,560		14.5		1.8
Fiscal year ending March 31, 2027 (Forecast)		-		17.50		-		17.50		35.00				-

Note:

Upon the execution of the above-mentioned Spin-off, Sony Group Corporation distributed dividends in kind to shareholders appearing in its register of shareholders as of the record date, September 30, 2025, at the rate of one share of common stock of SFGI (“SFGI share (s)”) to one share of common stock of Sony Group Corporation held by each shareholder. However, the above dividends for the fiscal year ended March 31, 2026 do not include such dividends in kind. For details of dividends in kind, please refer to “(Reference) Overview of dividends in kind (non-cash dividends)” below.

Sony Group Corporation conducted a five-for-one stock split of its common stock effective October 1, 2024, with a record date of September 30, 2024. The above year-end dividend per share for the fiscal year ended March 31, 2025 is based on a number of shares taking into account the stock split. The total annual dividend per share for the fiscal year ended March 31, 2025 is not presented because the total of the interim dividend and the year-end dividend cannot be calculated due to the effect of the stock split. For the fiscal year ended March 31, 2025, taking the stock split into account, the interim dividend per share at the end of the second quarter would be 10 yen and the total annual dividend per share would be 20 yen.

Payout ratio (Consolidated) is calculated using the total annual dividend per share and the basic earnings per share from continuing operations. The ratio for the fiscal year ended March 31, 2025 has been re-presented to conform to this calculation.

3. Forecast for Consolidated Results for the Fiscal Year Ending March 31, 2027 (from April 1, 2026 to March 31, 2027)

(Percentages indicate year-on-year changes.)

Fiscal year ending March 31, 2027	Sales				Operating income				Income before income taxes				Net income attributable to Sony Group Corporation’s stockholders
	Yen in millions		%		Yen in millions		%		Yen in millions		%		Yen in millions		%
Full year		12,300,000		-1.4		1,600,000		10.5		1,615,000		13.5		1,160,000		12.5

The year-on-year percentage change of net income attributable to Sony Group Corporation’s stockholders is calculated using net income from continuing operations attributable to Sony Group Corporation’s stockholders for the fiscal year ended March 31, 2026. As net income (loss) from discontinued operations is not expected to be incurred in the forecast for the fiscal year ending March 31, 2027, there is no difference between the figure for net income attributable to Sony Group Corporation’s stockholders for continuing operations and the consolidated figure.

Notes

(1) Significant changes in scope of consolidation during the fiscal year

:Yes

Newly included: -

Newly excluded: 68 companies (Sony Financial Group Inc. and 67 other companies (including structured entities))

Notes:

Please refer to “Notes to Consolidated Financial Statements - Accounting Policy and Other Information (Significant changes in the scope of consolidation during the period)” on page 18 of the Appendix for the details.

(2) Changes in accounting policies and changes in accounting estimates:

(i) Changes in accounting policies required by IFRS Accounting Standards	:No
(ii) Changes in accounting policies due to other reasons	:No
(iii) Changes in accounting estimates	:No

(3) Number of issued shares (common stock):

(i) Total number of issued shares at the end of the fiscal year (including treasury stock)

As of March 31, 2026	6,149,810,645	shares
As of March 31, 2025	6,149,810,645	shares

(ii) Number of shares of treasury stock at the end of the fiscal year

As of March 31, 2026	242,143,391	shares
As of March 31, 2025	124,806,850	shares

(iii) Average number of shares outstanding during the fiscal year

Fiscal Year ended March 31, 2026	5,975,983,562	shares
Fiscal Year ended March 31, 2025	6,049,652,046	shares

Notes:

Please refer to “Notes to Consolidated Financial Statements - Accounting Policy and Other Information (Net Income (Loss) Attributable to Sony Group Corporation’s Stockholders per Share (“EPS”) and Weighted-average Number of Outstanding Shares Used for the Computation of EPS of Common Stock)” on page 17 of the Appendix for number of shares used as basis for calculating consolidated per share data.

Sony Group Corporation conducted a five-for-one stock split of its common stock effective October 1, 2024, with a record date of September 30, 2024. The above figures for the number of issued shares (common stock) are calculated based on the assumption that the stock split was conducted at the beginning of the fiscal year ended March 31, 2025.

[Reference] Overview of non-consolidated financial results

1. Non-consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

(1) Non-consolidated operating results

(Percentages indicate year-on-year changes.)

	Net sales				Operating profit				Ordinary profit				Profit
Fiscal year ended	Millions of yen		%		Millions of yen		%		Millions of yen		%		Millions of yen		%
March 31, 2026		802,132		66.8		626,673		95.7		650,743		101.6		462,313		27.8
March 31, 2025		480,922		1.6		320,175		8.7		322,865		6.3		361,678		14.3

	Basic earnings per share^*		Diluted earnings per share^*
Fiscal year ended	Yen		Yen
March 31, 2026		77.36		76.88
March 31, 2025		59.78		59.53

(2) Non-consolidated financial position

	Total assets		Net assets		Equity-to-asset ratio		Net assets per share^*
As of	Millions of yen		Millions of yen		%		Yen
March 31, 2026		5,169,609		2,755,258		51.8		453.15
March 31, 2025		5,281,630		3,295,554		61.7		540.61

Reference: Equity

As of March 31, 2026: ¥2,677,069 million

As of March 31, 2025: ¥3,257,169 million

Sony Group Corporation conducted a five-for-one stock split of its common stock effective October 1, 2024, with a record date of September 30, 2024. The above figures for net assets per share are calculated based on the assumption that the stock split was conducted at the beginning of the fiscal year ended March 31, 2025.

Note: The Sony Group Corporation’s non-consolidated financial results are prepared in accordance with J-GAAP.

In the fiscal year ended March 31, 2026, net sales, operating profit, ordinary profit and profit differed from those of the fiscal year ended March 31, 2025, mainly due to an increase in dividends from subsidiaries and associates.

The Consolidated Financial Summary is exempt from audit conducted by certified public accountants or an audit firm.

Proper use of earnings forecasts, and other special matters:

Please refer to “Cautionary Statement” on page 22 of the Appendix for assumptions and other matters related to the forecast of financial results.

Supplementary materials on financial results including the presentation material for the earnings announcement are available on Sony Group Corporation’s website along with this document.

(Reference) Overview of dividends in kind (non-cash dividends)

(1) Record date	Tuesday, September 30, 2025
(2) Type of dividend property	SFGI shares
(3) Total carrying amount of dividend property and value per share	463,885,829,967 yen (77.61 yen per share)
(4) Total fair value of dividend property and value per share	- ^*
(5) Effective date	Wednesday, October 1, 2025

In Sony Group Corporation’s standalone financial statements based on J-GAAP, the Spin-off has been accounted for at the appropriate carrying amount of the dividend property as of the effective date of the dividends in kind. The same applies to the calculation of Sony Group Corporation’s amount available for dividends. Accordingly, the fair value of SFGI shares, which are the dividend property, has not been disclosed.

(Appendix)

Table of Contents for Appendix

Consolidated Financial Statements (Unaudited)			2

Consolidated Statements of Financial Position			2
Consolidated Statements of Income (Fiscal Year ended March 31)			4
Consolidated Statements of Comprehensive Income (Fiscal Year ended March 31)			5
Consolidated Statements of Income (Three months ended March 31)			6
Consolidated Statements of Comprehensive Income (Three months ended March 31)			7
Consolidated Statements of Changes in Stockholders’ Equity (Fiscal Year ended March 31)			8
Consolidated Statements of Cash Flows (Fiscal Year ended March 31)			9
Notes to Consolidated Financial Statements			11
	-	Business Segment Information	11
	-	Going Concern Assumption	17
	-	Accounting Policy and Other Information	17
	-	Subsequent Events	21

Overview of Operating Results			22

Basic Views on Selection of Accounting Standards			22

Cautionary Statement			22

All financial information is presented on the basis of IFRS Accounting Standards.

Sony Group Corporation and its consolidated subsidiaries are together referred to as “Sony” or “Sony Group.”

- 1 -

(Unaudited)

Consolidated Financial Statements

Consolidated Statements of Financial Position

	Yen in millions
	March 31, 2025		March 31, 2026		Change from March 31, 2025
ASSETS
Current assets:
Cash and cash equivalents		2,980,956		2,208,879		(772,077	)
Investments and advances in the Financial Services segment		453,677		-		(453,677	)
Trade and other receivables, and contract assets		1,943,184		1,821,916		(121,268	)
Inventories		1,310,770		1,227,351		(83,419	)
Other financial assets		145,192		28,167		(117,025	)
Other current assets		621,209		663,678		42,469
Total current assets		7,454,988		5,949,991		(1,504,997	)
Non-current assets:
Investments accounted for using the equity method		347,718		483,709		135,991
Investments and advances in the Financial Services segment		18,736,298		-		(18,736,298	)
Property, plant and equipment		1,513,660		1,453,805		(59,855	)
Right-of-use assets		521,685		524,345		2,660
Goodwill		1,508,721		1,673,906		165,185
Content assets		2,249,048		2,558,615		309,567
Other intangible assets		671,212		659,578		(11,634	)
Deferred tax assets		559,284		560,800		1,516
Other financial assets		1,164,630		1,173,819		9,189
Other non-current assets		565,929		644,922		78,993
Total non-current assets		27,838,185		9,733,499		(18,104,686	)
Total assets		35,293,173		15,683,490		(19,609,683	)

(Continued on the following page.)

- 2 -

Consolidated Statements of Financial Position (Continued)

	Yen in millions
	March 31, 2025			March 31, 2026			Change from March 31, 2025
LIABILITIES
Current liabilities:
Short-term borrowings		1,843,959			51,183			(1,792,776	)
Lease liabilities		90,495			94,160			3,665
Current portion of long-term debt		196,950			166,410			(30,540	)
Trade and other payables		2,100,144			2,240,566			140,422
Deposits from customers in the banking business		3,981,193			-			(3,981,193	)
Income taxes payables		89,485			196,000			106,515
Participation and residual liabilities in the Pictures segment		236,752			223,233			(13,519	)
Contract liabilities		590,719			594,336			3,617
Other financial liabilities		110,689			115,785			5,096
Other current liabilities		1,448,402			1,350,951			(97,451	)
Total current liabilities		10,688,788			5,032,624			(5,656,164	)
Non-current liabilities:
Long-term debt		1,557,867			824,393			(733,474	)
Lease liabilities		508,975			533,523			24,548
Defined benefit liabilities		236,941			165,017			(71,924	)
Deferred tax liabilities		175,228			211,391			36,163
Insurance contract liabilities		12,689,306			-			(12,689,306	)
Participation and residual liabilities in the Pictures segment		188,919			140,893			(48,026	)
Other financial liabilities		574,351			105,827			(468,524	)
Other non-current liabilities		162,647			156,233			(6,414	)
Total non-current liabilities		16,094,234			2,137,277			(13,956,957	)
Total liabilities		26,783,022			7,169,901			(19,613,121	)
EQUITY
Sony Group Corporation’s stockholders’ equity:
Common stock		881,357			881,357			-
Additional paid-in capital		1,483,527			1,465,499			(18,028	)
Retained earnings		6,678,168			5,294,890			(1,383,278	)
Accumulated other comprehensive income		(566,447	)		1,229,371			1,795,818
Treasury stock, at cost		(296,860	)		(752,106	)		(455,246	)
Equity attributable to Sony Group Corporation’s stockholders		8,179,745			8,119,011			(60,734	)
Noncontrolling interests		330,406			394,578			64,172
Total equity		8,510,151			8,513,589			3,438
Total liabilities and equity		35,293,173			15,683,490			(19,609,683	)

- 3 -

Consolidated Statements of Income

	Yen in millions
	Fiscal year ended March 31
	2025			2026			Change
Continuing operations
Sales		12,034,917			12,479,620			444,703
Costs and expenses:
Cost of sales		8,504,810			8,635,225			130,415
Selling, general and administrative		2,256,829			2,298,638			41,809
Other operating (income) expense, net		(11,222	)		34,056			45,278
Total costs and expenses		10,750,417			10,967,919			217,502
Share of profit (loss) of investments accounted for using the equity method		(7,865	)		(64,194	)		(56,329	)
Operating income		1,276,635			1,447,507			170,872
Financial income		139,024			76,041			(62,983	)
Financial expenses		72,461			101,174			28,713
Income before income taxes		1,343,198			1,422,374			79,176
Income taxes		257,480			367,108			109,628
Net income from continuing operations		1,085,718			1,055,266			(30,452	)

Discontinued operations
Net income (loss) from discontinued operations		74,169			(1,357,758	)		(1,431,927	)
Net income (loss)		1,159,887			(302,492	)		(1,462,379	)

Net income (loss) attributable to
Sony Group Corporation’s stockholders		1,141,600			(326,865	)		(1,468,465	)
Net income from continuing operations		1,067,431			1,030,893			(36,538	)
Net income (loss) from discontinued operations		74,169			(1,357,758	)		(1,431,927	)
Noncontrolling interests		18,287			24,373			6,086

	Yen
	Fiscal year ended March 31
	2025		2026			Change
Per share data:
Net income (loss) attributable to Sony Group Corporation’s stockholders
- Basic		188.71		(54.70	)		(243.41	)
Continuing operations		176.45		172.51			(3.94	)
Discontinued operations		12.26		(227.21	)		(239.47	)
- Diluted		187.92		(54.36	)		(242.28	)
Continuing operations		175.71		171.44			(4.27	)
Discontinued operations		12.21		(225.80	)		(238.01	)

- 4 -

Consolidated Statements of Comprehensive Income

	Yen in millions
	Fiscal year ended March 31
	2025			2026			Change
Net income (loss)		1,159,887			(302,492	)		(1,462,379	)
Other comprehensive income, net of tax -
Items that will not be reclassified to profit or loss
Changes in equity instruments measured at fair value through other comprehensive income		(11,533	)		(21,401	)		(9,868	)
Remeasurement of defined benefit pension plans		11,027			38,221			27,194
Share of other comprehensive income of investments accounted for using the equity method		(911	)		243			1,154
Other comprehensive income from discontinued operations		(1,442	)		857			2,299
Items that may be reclassified subsequently to profit or loss
Cash flow hedges		(4,295	)		(3,384	)		911
Exchange differences on translating foreign operations		(79,266	)		424,360			503,626
Share of other comprehensive income of investments accounted for using the equity method		(337	)		(21,282	)		(20,945	)
Other comprehensive income from discontinued operations		(113,900	)		1,407,907			1,521,807
Total other comprehensive income, net of tax		(200,657	)		1,825,521			2,026,178
Comprehensive income		959,230			1,523,029			563,799

Total Comprehensive income
Comprehensive income from continuing operations		1,000,403			1,472,023			471,620
Comprehensive income from discontinued operations		(41,173	)		51,006			92,179

Comprehensive income attributable to
Sony Group Corporation’s stockholders		941,030			1,497,997			556,967
Comprehensive income from continuing operations		982,203			1,446,991			464,788
Comprehensive income from discontinued operations		(41,173	)		51,006			92,179
Noncontrolling interests		18,200			25,032			6,832

- 5 -

Consolidated Statements of Income

	Yen in millions
	Three months ended March 31
	2025			2026			Change
Continuing operations
Sales		2,804,938			3,036,417			231,479
Costs and expenses:
Cost of sales		1,980,206			2,102,148			121,942
Selling, general and administrative		599,224			647,221			47,997
Other operating (income) expense, net		7,594			57,738			50,144
Total costs and expenses		2,587,024			2,807,107			220,083
Share of profit (loss) of investments accounted for using the equity method		(2,710	)		(65,773	)		(63,063	)
Operating income		215,204			163,537			(51,667	)
Financial income		37,033			17,491			(19,542	)
Financial expenses		28,123			57,225			29,102
Income before income taxes		224,114			123,803			(100,311	)
Income taxes		(11,263	)		30,218			41,481
Net income from continuing operations		235,377			93,585			(141,792	)

Discontinued operations
Net loss from discontinued operations		(26,715	)		(247	)		26,468
Net income		208,662			93,338			(115,324	)

Net income attributable to
Sony Group Corporation’s stockholders		197,727			82,870			(114,857	)
Net income from continuing operations		224,442			83,117			(141,325	)
Net loss from discontinued operations		(26,715	)		(247	)		26,468
Noncontrolling interests		10,935			10,468			(467	)

	Yen
	Three months ended March 31
	2025			2026			Change
Per share data:
Net income (loss) attributable to Sony Group Corporation’s stockholders
- Basic		32.81			13.95			(18.86	)
Continuing operations		37.24			14.00			(23.24	)
Discontinued operations		(4.43	)		(0.05	)		4.38
- Diluted		32.63			13.89			(18.74	)
Continuing operations		37.04			13.93			(23.11	)
Discontinued operations		(4.41	)		(0.04	)		4.37

- 6 -

Consolidated Statements of Comprehensive Income

	Yen in millions
	Three months ended March 31
	2025			2026			Change
Net income		208,662			93,338			(115,324	)
Other comprehensive income, net of tax -
Items that will not be reclassified to profit or loss
Changes in equity instruments measured at fair value through other comprehensive income		4,005			(27,140	)		(31,145	)
Remeasurement of defined benefit pension plans		11,812			38,222			26,410
Share of other comprehensive income of investments accounted for using the equity method		90			(226	)		(316	)
Other comprehensive income from discontinued operations		82			-			(82	)
Items that may be reclassified subsequently to profit or loss
Cash flow hedges		(4,478	)		609			5,087
Exchange differences on translating foreign operations		(170,834	)		79,895			250,729
Share of other comprehensive income of investments accounted for using the equity method		(2,641	)		(8,386	)		(5,745	)
Other comprehensive income from discontinued operations		(33,483	)		-			33,483
Total other comprehensive income, net of tax		(195,447	)		82,974			278,421
Comprehensive income		13,215			176,312			163,097

Total Comprehensive income
Comprehensive income from continuing operations		73,331			176,559			103,228
Comprehensive income from discontinued operations		(60,116	)		(247	)		59,869

Comprehensive income attributable to
Sony Group Corporation’s stockholders		3,961			165,396			161,435
Comprehensive income from continuing operations		64,077			165,643			101,566
Comprehensive income from discontinued operations		(60,116	)		(247	)		59,869
Noncontrolling interests		9,254			10,916			1,662

- 7 -

Consolidated Statements of Changes in Stockholders’ Equity

	Yen in millions
	Common stock		Additional paid-in capital			Retained earnings			Accumulated other comprehensive income			Treasury stock, at cost			Sony Group Corporation’s stockholders’ equity			Noncontrolling interests			Total equity
Balance at April 1, 2024		881,357		1,483,410			6,002,407			(376,063	)		(403,934	)		7,587,177			168,928			7,756,105
Comprehensive income:
Net income							1,141,600									1,141,600			18,287			1,159,887
Other comprehensive income, net of tax										(200,570	)					(200,570	)		(87	)		(200,657	)
Total comprehensive income							1,141,600			(200,570	)					941,030			18,200			959,230
Transfer to retained earnings							(10,186	)		10,186						-						-
Transactions with stockholders and other:
Stock issued under stock-based compensation transactions				3,008			(1,179	)					49,608			51,437						51,437
Compensation expenses related to stock-based compensation transactions				8,575												8,575						8,575
Dividends declared							(115,312	)								(115,312	)		(7,704	)		(123,016	)
Purchase of treasury stock													(285,548	)		(285,548	)					(285,548	)
Reissuance of treasury stock				1									4			5						5
Cancellation of treasury stock				(3,848	)		(339,162	)					343,010			-						-
Transactions with noncontrolling interests shareholders and other				(7,619	)											(7,619	)		150,982			143,363
Balance at March 31, 2025		881,357		1,483,527			6,678,168			(566,447	)		(296,860	)		8,179,745			330,406			8,510,151

	Yen in millions
	Common stock		Additional paid-in capital			Retained earnings			Accumulated other comprehensive income			Accumulated other comprehensive income directly related to disposal groups classified as held for distribution to owners			Treasury stock, at cost			Sony Group Corporation’s stockholders’ equity			Noncontrolling interests			Total equity
Balance at April 1, 2025		881,357		1,483,527			6,678,168			(566,447	)		-			(296,860	)		8,179,745			330,406			8,510,151
Comprehensive income:
Net income (loss)							(326,865	)											(326,865	)		24,373			(302,492	)
Other comprehensive income, net of tax										381,804			1,443,058						1,824,862			659			1,825,521
Total comprehensive income							(326,865	)		381,804			1,443,058						1,497,997			25,032			1,523,029
Transfer to retained earnings							34,251			(38,305	)		4,054						-						-
Transactions with stockholders and other:
Stock issued under stock-based compensation transactions				8,615												66,843			75,458						75,458
Compensation expenses related to stock-based compensation transactions				3,608															3,608						3,608
Dividends declared							(134,964	)											(134,964	)		(22,190	)		(157,154	)
Dividends in kind							(955,700	)											(955,700	)					(955,700	)
Purchase of treasury stock																(522,089	)		(522,089	)					(522,089	)
Reissuance of treasury stock				0												0			0						0
Transfer to held for distribution to owners										1,447,112			(1,447,112	)					-						-
Transactions with noncontrolling interests shareholders and other				(30,251	)					5,207									(25,044	)		61,330			36,286
Balance at March 31, 2026		881,357		1,465,499			5,294,890			1,229,371			-			(752,106	)		8,119,011			394,578			8,513,589

- 8 -

Consolidated Statements of Cash Flows

	Yen in millions
	Fiscal year ended March 31
	2025			2026
Cash flows from operating activities:
Income before income taxes from continuing operations		1,343,198			1,422,374
Adjustments to reconcile income before income taxes from continuing operations to net cash provided by (used in) operating activities:
Depreciation and amortization, including amortization of contract costs		1,125,588			1,180,655
Other operating (income) expense, net		(11,222	)		34,056
Gain on securities, net		(75,742	)		(862	)
Share of loss of investments accounted for using the equity method, net of dividends		18,826			74,467
Changes in assets and liabilities:
Decrease in trade receivables and contract assets		227,664			124,104
Decrease in inventories		199,916			155,382
Increase in content assets		(683,388	)		(665,894	)
Increase in trade payables		105,643			70,541
Decrease in taxes payable other than income taxes, net		(14,157	)		(32,645	)
Increase in other financial assets and other current assets		(16,972	)		(14,302	)
Increase in other financial liabilities and other current liabilities		41,563			79,709
Income taxes paid		(308,392	)		(234,338	)
Other		18,824			(226,955	)
Total net cash provided by operating activities from continuing operations		1,971,349			1,966,292
Net cash provided by (used in) operating activities from discontinued operations		350,326			(20,675	)
Net cash provided by operating activities		2,321,675			1,945,617

(Continued on the following page.)

- 9 -

Consolidated Statements of Cash Flows (Continued)

	Yen in millions
	Fiscal year ended March 31
	2025			2026
Cash flows from investing activities:
Payments for property, plant and equipment and other intangible assets		(620,985	)		(457,681	)
Proceeds from sales of property, plant and equipment and other intangible assets		15,484			19,720
Payments for investments and advances		(98,536	)		(179,650	)
Proceeds from sales or return of investments and collections of advances		46,540			13,028
Payments for purchases of businesses and other		(294,417	)		(185,355	)
Proceeds from sales of businesses		-			11,198
Other		48,718			(5,453	)
Total net cash used in investing activities from continuing operations		(903,196	)		(784,193	)
Net cash used in investing activities from discontinued operations		(26,924	)		(1,186,349	)
Net cash used in investing activities		(930,120	)		(1,970,542	)
Cash flows from financing activities:
Increase (decrease) in short-term borrowings, net		(28,547	)		2,950
Proceeds from issuance of long-term debt		139,298			28,774
Payments of long-term debt		(60,629	)		(135,362	)
Payments of lease liabilities		(98,949	)		(85,946	)
Dividends paid		(115,253	)		(135,028	)
Payments for purchases of treasury stock		(285,548	)		(522,089	)
Capital contribution from non-controlling interests		150,804			18,442
Other		21,521			(5,249	)
Total net cash used in financing activities from continuing operations		(277,303	)		(833,508	)
Net cash used in financing activities from discontinued operations		(20,940	)		(9,253	)
Net cash used in financing activities		(298,243	)		(842,761	)
Effect of exchange rate changes on cash and cash equivalents		(19,469	)		95,609
Net increase (decrease) in cash and cash equivalents		1,073,843			(772,077	)
Cash and cash equivalents at beginning of the fiscal year		1,907,113			2,980,956
Cash and cash equivalents at end of the fiscal year		2,980,956			2,208,879

- 10 -

Notes to Consolidated Financial Statements

Business Segment Information

At a meeting of Sony Group Corporation’s Board of Directors (the “Board”) held on May 14, 2025, Sony Group Corporation resolved the plan regarding the execution of a partial spin-off (the “Spin-off”) of Sony Financial Group Inc. (“SFGI”), a wholly-owned subsidiary which operates the Financial Services business. In accordance with the resolution, the Financial Services business was classified as a discontinued operation and has been excluded from the reporting segments. Consequently, the figures for comparative periods have been re-presented. For further information on discontinued operations, please refer to “Notes to Consolidated Financial Statements - Accounting Policy and Other Information (Discontinued operations).”

(Business Segments)

Segment sales

	Yen in millions
	Fiscal year ended March 31
	2025			2026			Change
Sales:
Game & Network Services -
Customers		4,543,571			4,570,053			26,482
Intersegment		126,473			115,598			(10,875	)
Total		4,670,044			4,685,651			15,607
Music -
Customers		1,820,263			2,090,534			270,271
Intersegment		22,341			29,576			7,235
Total		1,842,604			2,120,110			277,506
Pictures -
Customers		1,498,534			1,486,296			(12,238	)
Intersegment		7,410			12,994			5,584
Total		1,505,944			1,499,290			(6,654	)
Entertainment, Technology & Services -
Customers		2,362,838			2,184,815			(178,023	)
Intersegment		46,437			75,717			29,280
Total		2,409,275			2,260,532			(148,743	)
Imaging & Sensing Solutions -
Customers		1,712,534			2,059,020			346,486
Intersegment		86,471			92,513			6,042
Total		1,799,005			2,151,533			352,528
All Other -
Customers		82,477			74,564			(7,913	)
Intersegment		13,856			14,508			652
Total		96,333			89,072			(7,261	)
Corporate and elimination		(288,288	)		(326,568	)		(38,280	)
Consolidated total		12,034,917			12,479,620			444,703

Note:

Game & Network Services (“G&NS”) intersegment amounts primarily consist of transactions with the Entertainment, Technology & Services (“ET&S”) segment. ET&S intersegment amounts primarily consist of transactions with the G&NS segment. Imaging & Sensing Solutions (“I&SS”) intersegment amounts primarily consist of transactions with the G&NS segment and the ET&S segment. Corporate and elimination includes certain brand and patent royalty income.

Intersegment amounts in each segment, as well as Corporate and elimination, include transaction amounts with discontinued operations.

- 11 -

Segment profit (loss)

	Yen in millions
	Fiscal year ended March 31
	2025			2026			Change
Operating income (loss):
Game & Network Services		414,819			463,258			48,439
Music		357,255			446,986			89,731
Pictures		117,284			104,872			(12,412	)
Entertainment, Technology & Services		190,926			158,584			(32,342	)
Imaging & Sensing Solutions		261,147			357,318			96,171
All Other		(17,996	)		(74,646	)		(56,650	)
Total		1,323,435			1,456,372			132,937
Corporate and elimination		(46,800	)		(8,865	)		37,935
Consolidated operating income		1,276,635			1,447,507			170,872

Operating income (loss) is sales less costs and expenses, and includes the share of profit (loss) of investments accounted for using the equity method.

Operating income (loss) in each segment, as well as Corporate and elimination, include transaction amounts with discontinued operations.

- 12 -

Segment sales

	Yen in millions
	Three months ended March 31
	2025			2026			Change
Sales:
Game & Network Services -
Customers		1,045,209			1,011,155			(34,054	)
Intersegment		6,064			11,205			5,141
Total		1,051,273			1,022,360			(28,913	)
Music -
Customers		463,569			560,510			96,941
Intersegment		7,122			9,452			2,330
Total		470,691			569,962			99,271
Pictures -
Customers		411,402			465,121			53,719
Intersegment		3,176			7,764			4,588
Total		414,578			472,885			58,307
Entertainment, Technology & Services -
Customers		469,577			478,195			8,618
Intersegment		14,505			14,246			(259	)
Total		484,082			492,441			8,359
Imaging & Sensing Solutions -
Customers		388,242			503,643			115,401
Intersegment		20,798			20,739			(59	)
Total		409,040			524,382			115,342
All Other -
Customers		22,188			17,861			(4,327	)
Intersegment		3,391			2,810			(581	)
Total		25,579			20,671			(4,908	)
Corporate and elimination		(50,305	)		(66,284	)		(15,979	)
Consolidated total		2,804,938			3,036,417			231,479

Note:

G&NS intersegment amounts primarily consist of transactions with the ET&S segment. ET&S intersegment amounts primarily consist of transactions with the G&NS segment. I&SS intersegment amounts primarily consist of transactions with the G&NS segment and the ET&S segment. Corporate and elimination includes certain brand and patent royalty income.

Intersegment amounts in each segment, as well as Corporate and elimination, include transaction amounts with discontinued operations.

- 13 -

Segment profit (loss)

	Yen in millions
	Three months ended March 31
	2025			2026			Change
Operating income (loss):
Game & Network Services		92,698			54,104			(38,594	)
Music		83,578			132,391			48,813
Pictures		53,476			41,498			(11,978	)
Entertainment, Technology & Services		(20,417	)		(4,941	)		15,476
Imaging & Sensing Solutions		34,543			32,831			(1,712	)
All Other		(9,759	)		(67,587	)		(57,828	)
Total		234,119			188,296			(45,823	)
Corporate and elimination		(18,915	)		(24,759	)		(5,844	)
Consolidated operating income		215,204			163,537			(51,667	)

Operating income (loss) is sales less costs and expenses, and includes the share of profit (loss) of investments accounted for using the equity method.

Operating income (loss) in each segment, as well as Corporate and elimination, include transaction amounts with discontinued operations.

- 14 -

(Sales to Customers by Product Category)

The following table is a breakdown of sales to external customers by product category for each segment. Sony management views each segment as a single operating segment.

	Yen in millions
	Fiscal year ended March 31
Sales	2025		2026		Change
Game & Network Services
Digital Software and Add-on Content		2,290,498		2,415,305		124,807
Network Services		669,873		763,126		93,253
Hardware and Others		1,583,200		1,391,622		(191,578	)
Total		4,543,571		4,570,053		26,482
Music
Recorded Music - Streaming		788,772		852,672		63,900
Recorded Music - Others		407,260		492,656		85,396
Music Publishing		379,812		419,864		40,052
Visual Media and Platform		244,419		325,342		80,923
Total		1,820,263		2,090,534		270,271
Pictures
Motion Pictures		610,313		495,655		(114,658	)
Television Productions		459,281		512,372		53,091
Media Networks		428,940		478,269		49,329
Total		1,498,534		1,486,296		(12,238	)
Entertainment, Technology & Services
Imaging		737,639		722,465		(15,174	)
Sound		290,538		278,846		(11,692	)
Network Services		179,704		188,308		8,604
Displays		597,777		476,305		(121,472	)
Other		557,180		518,891		(38,289	)
Total		2,362,838		2,184,815		(178,023	)
Imaging & Sensing Solutions		1,712,534		2,059,020		346,486
All Other		82,477		74,564		(7,913	)
Corporate		14,700		14,338		(362	)
Consolidated total		12,034,917		12,479,620		444,703

Note:

Sony has realigned its product categories in the ET&S segment due to changes in business categories from the first quarter of the fiscal year ended March 31, 2026. In accordance with this realignment, results for the fiscal year ended March 31, 2025 in the table above have been reclassified to conform to the current presentation.

- 15 -

	Yen in millions
	Three months ended March 31
Sales	2025		2026			Change
Game & Network Services
Digital Software and Add-on Content		580,501		593,503			13,002
Network Services		172,833		208,521			35,688
Hardware and Others		291,875		209,131			(82,744	)
Total		1,045,209		1,011,155			(34,054	)
Music
Recorded Music - Streaming		193,040		225,277			32,237
Recorded Music - Others		98,138		142,992			44,854
Music Publishing		96,280		107,219			10,939
Visual Media and Platform		76,111		85,022			8,911
Total		463,569		560,510			96,941
Pictures
Motion Pictures		157,983		161,307			3,324
Television Productions		143,183		177,008			33,825
Media Networks		110,236		126,806			16,570
Total		411,402		465,121			53,719
Entertainment, Technology & Services
Imaging		148,140		163,537			15,397
Sound		48,301		54,147			5,846
Network Services		46,136		48,428			2,292
Displays		98,187		87,424			(10,763	)
Other		128,813		124,659			(4,154	)
Total		469,577		478,195			8,618
Imaging & Sensing Solutions		388,242		503,643			115,401
All Other		22,188		17,861			(4,327	)
Corporate		4,751		(68	)		(4,819	)
Consolidated total		2,804,938		3,036,417			231,479

Note:

Sony has realigned its product categories in the ET&S segment due to changes in business categories from the first quarter of the fiscal year ended March 31, 2026. In accordance with this realignment, results for the three months ended March 31, 2025 in the table above have been reclassified to conform to the current presentation.

In the G&NS segment, Digital Software and Add-on Content includes distribution of software titles and add-on content through the network; Network Services includes network services relating to game, video and music content; Hardware and Others includes home gaming consoles, packaged software, game software sold bundled with home gaming consoles, peripheral devices and first-party software for third-party platforms. In the Music segment, Recorded Music - Streaming includes the distribution of digital recorded music by streaming; Recorded Music - Others includes the distribution of recorded music by physical media and digital download as well as revenue derived from artists’ live performances and merchandising; Music Publishing includes the management and licensing of the words and music of songs; Visual Media and Platform includes the production and distribution of animation titles and game applications, and various service offerings for music and visual products. In the Pictures segment, Motion Pictures includes the worldwide production, acquisition and distribution of live-action and animated motion pictures; Television Productions includes the production, acquisition and distribution of television programming; Media Networks includes the operation of television networks and direct-to-consumer streaming services worldwide. In the ET&S segment, Imaging includes image and video content creation products and solutions, including interchangeable lens cameras and interchangeable lenses; Sound includes headphones and wireless speakers; Network Services includes internet-related services; Displays includes display products such as LCD and OLED televisions, as well as projectors; Other includes smartphones, home audio products and medical equipment, as well as sports officiating support and content production support services.

- 16 -

Going Concern Assumption

Not Applicable

Accounting Policy and Other Information

(Net Income (Loss) Attributable to Sony Group Corporation’s Stockholders per Share (“EPS”) and Weighted-average Number of Outstanding Shares Used for the Computation of EPS of Common Stock)

	Yen in millions
	Fiscal year ended March 31
	2025		2026
Net income (loss) attributable to Sony Group Corporation’s stockholders for basic and diluted EPS computation		1,141,600		(326,865	)
Continuing operations		1,067,431		1,030,893
Discontinued operations		74,169		(1,357,758	)

	Thousands of shares
	Fiscal year ended March 31
	2025		2026
Weighted-average shares outstanding for basic EPS computation		6,049,652		5,975,984
Effect of dilutive securities:
Stock options		18,862		25,890
Restricted stock units		6,550		11,316
Weighted-average shares for diluted EPS computation		6,075,064		6,013,190

	Yen in millions
	Three months ended March 31
	2025			2026
Net income (loss) attributable to Sony Group Corporation’s stockholders for basic and diluted EPS computation		197,727			82,870
Continuing operations		224,442			83,117
Discontinued operations		(26,715	)		(247	)

	Thousands of shares
	Three months ended March 31
	2025		2026
Weighted-average shares outstanding for basic EPS computation		6,026,889		5,938,819
Effect of dilutive securities:
Stock options		24,664		18,841
Restricted stock units		7,488		7,655
Weighted-average shares for diluted EPS computation		6,059,041		5,965,315

Note:

Sony Group Corporation conducted a five-for-one stock split of its common stock effective October 1, 2024, with a record date of September 30, 2024. Basic and diluted EPS are calculated based on the assumption that the stock split was conducted at the beginning of the fiscal year ended March 31, 2025.

- 17 -

(Segmentation)

The G&NS segment includes the production and sales of digital software and add-on content, the network services businesses and the manufacture and sales of home gaming products. The Music segment includes the Recorded Music, Music Publishing and Visual Media and Platform businesses. The Pictures segment includes the Motion Pictures, Television Productions and Media Networks businesses. The ET&S segment includes the Imaging business, the Sound business, the Network Services business and the Displays business. The I&SS segment includes the image sensors business. All Other consists of various operating activities, including the disc manufacturing and recording media businesses. Sony’s products and services are generally unique to a single operating segment.

At a meeting of the Board held on May 14, 2025, Sony Group Corporation resolved the plan regarding the execution of the Spin-off. In accordance with the resolution, the Financial Services business was classified as a discontinued operation and has been excluded from the reporting segments. Consequently, the figures for comparative periods have been re-presented. For further information on discontinued operations, please refer to “Notes to Consolidated Financial Statements -Accounting Policy and Other Information (Discontinued operations).”

(Change in presentation)

At a meeting of the Board held on May 14, 2025, Sony Group Corporation resolved the plan regarding the execution of the Spin-off. In connection with the resolution, the Financial Services business was classified as a discontinued operation. Income and loss related to a business classified as a discontinued operation are separately presented, net of income taxes, following net income from continuing operations, in the consolidated statements of income. In accordance with the classification of the Financial Services business as a discontinued operation, the consolidated statements of income, consolidated statements of comprehensive income, consolidated statements of cash flows, and related notes to the consolidated financial statements for comparative periods have been re-presented separately for continuing operations and discontinued operations. In the consolidated statements of cash flows, cash flows from operating, investing and financing activities are presented separately for continuing operations and discontinued operations. For further information on discontinued operations, please refer to “Notes to Consolidated Financial Statements - Accounting Policy and Other Information (Discontinued operations).”

Sony Group Corporation executed the Spin-off effective October 1, 2025. As a result, “Lease liabilities,” which had previously been included within “Current portion of long-term debt,” and “Long-term debt” have increased in materiality and are presented as a separate caption in the consolidated statements of financial position as of March 31, 2026. In addition, due to this change, “Payments of lease liabilities,” which had been included within “Payments of long-term debt,” are presented separately in the consolidated statements of cash flows for the fiscal year ended March 31, 2026. Furthermore, “Contract liabilities,” which had previously been included within “Other current liabilities,” have also increased in materiality and are presented separately in the consolidated statements of financial position as of March 31, 2026. Corresponding reclassifications have been made to the consolidated statements of financial position as of the end of the fiscal year ended March 31, 2025 and to the consolidated statements of cash flows for the fiscal year ended March 31, 2025 to conform to these changes in presentation.

(Significant changes in the scope of consolidation during the period)

Sony Group Corporation executed the Spin-off effective October 1, 2025. Consequently, SFGI, which was a wholly-owned subsidiary of Sony Group Corporation, and 67 other subsidiaries (including structured entities) were excluded from the scope of consolidation.

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(Discontinued operations)

At a meeting of the Board held on May 14, 2025, Sony Group Corporation resolved to submit a resolution for the execution of the Spin-off, effective October 1, 2025, to the Board in early September 2025. Afterwards, at a meeting of the Board held on September 3, 2025, Sony Group Corporation resolved to execute the Spin-off effective October 1, 2025. Upon execution of the Spin-off, Sony Group Corporation distributed dividends in kind to shareholders appearing in Sony Group Corporation’s register of shareholders as of the record date, September 30, 2025, at the rate of one share of common stock of SFGI (“SFGI share(s)”) to one share of common stock of Sony Group Corporation held by each shareholder, effective October 1, 2025. As a result, Sony Group Corporation held 16.40% of SFGI shares as of October 1, 2025.

In connection with the Board resolution on May 14, 2025 on the plan for the execution of the Spin-off, Sony Group Corporation determined that the distribution of SFGI shares was highly probable and the Financial Services business was classified as a discontinued operation, in accordance with IFRS 5 “Non-current Assets Held for Sale and Discontinued Operations.” As a result, in the consolidated statements of income, consolidated statements of comprehensive income, and consolidated statements of cash flows; revenue, expenses, other comprehensive income and cash flows of the Financial Services business, among other items, are separated from continuing operations, comprised of Sony’s businesses excluding the Financial Services business, and presented as net income (loss) from discontinued operations, other comprehensive income from discontinued operations, and net cash from discontinued operations, respectively.

Then, as a result of the execution of the Spin-off effective October 1, 2025, SFGI, which was a wholly-owned subsidiary of Sony Group Corporation, was deconsolidated as of October 1, 2025 and became an affiliate accounted for using the equity method.

Further, as a result of the execution of the Spin-off, 1,377,795 million yen of accumulated other comprehensive income directly related to the disposal group classified as held for distribution to owners at the time of the execution was transferred to net income (loss) from discontinued operations as a loss in the consolidated statements of income. In the consolidated statements of cash flows, the decrease resulting from deconsolidation in cash and cash equivalents previously recorded in the Financial Services business as of the execution of the Spin-off, amounting to 1,170,068 million yen, is included in net cash used in investing activities from discontinued operations.

In addition, upon applying the equity method to SFGI on October 1, 2025, the fair value of SFGI shares on that date was recorded as its initial investment cost. At the time of the execution of the Spin-off, since Sony’s equity interest in the net fair value of SFGI’s identifiable assets and liabilities exceeded the cost of the initial recognition of the investment, 188,888 million yen of the excess was recognized as the share of profit of investments accounted for using the equity method in connection with the initial investment cost. On the other hand, since the fair value of SFGI shares as of October 1, 2025 was lower than the equity method carrying amount, which is the initial investment cost plus the share of profit of investments accounted for using the equity method, 188,888 million yen of an impairment loss of the same amount as the aforementioned excess amount has been recorded, as the share of loss of investments accounted for using the equity method.

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Results of discontinued operations

	Yen in millions
	Fiscal year ended March 31
	2025			2026
Financial services revenue		922,147			678,023
Financial services expenses		789,702			640,811
Reclassification of accumulated other comprehensive income related to the disposal group to net income (loss)		-			(1,377,795	)
Other income (expenses), net		(1,917	)		(6,450	)
Income (loss) before income taxes from discontinued operations		130,528			(1,347,033	)
Income taxes		56,359			10,725
Net income (loss) from discontinued operations		74,169			(1,357,758	)
Other comprehensive income, net of tax, from discontinued operations		(115,342	)		1,408,764
Items that will not be reclassified to profit or loss
Changes in equity instruments measured at fair value through other comprehensive income		(998	)		963
Remeasurement of defined benefit pension plans		(444	)		(106	)
Items that may be reclassified subsequently to profit or loss
Changes in debt instruments measured at fair value through other comprehensive income		(681,515	)		1,346,457
Insurance finance income (expenses)		568,291			60,684
Others		(676	)		766
Comprehensive income from discontinued operations		(41,173	)		51,006

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Subsequent Events

(Establishment of a facility for the repurchase of shares of its own common stock)

Sony Group Corporation approved the establishment of the following facility for the repurchase of its own common stock pursuant to the Companies Act of Japan and Sony Group Corporation’s Articles of Incorporation at the meeting of the Board held on May 8, 2026.

1. Total number of shares for repurchase: 230 million shares (maximum)

2. Total purchase price for repurchase of shares: 500 billion yen (maximum)

3. Period of repurchase: May 11, 2026 to May 10, 2027

(Cancellation of shares of its own common stock)

Based on a decision by Sony Group Corporation’s Representative Corporate Executive Officer delegated by the Board, and pursuant to the Companies Act of Japan, Sony Group Corporation has decided to cancel shares of its own common stock held as treasury stock as follows.

1. Total number of shares to be cancelled: 184,494,319 shares

2. Planned cancellation date: May 29, 2026

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Overview of Operating Results

For the overview of operating results for the fiscal year ended March 31, 2026 and the results forecast for the fiscal year ending March 31, 2027, as well as the progress on the Fifth Mid-Range Plan, please refer to “FY2025 Consolidated Financial Results” (the presentation material for the earnings announcement) disclosed on the same date as this document on the Timely Disclosure Network (TDnet) of the TSE, the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system of the U.S. Securities and Exchange Commission and the website of Sony Group Corporation.

Basic Views on Selection of Accounting Standards

Sony has voluntarily adopted IFRS Accounting Standards from the first quarter of the fiscal year ended March 31, 2022, with the goal of further streamlining and maintaining the quality of Sony’s financial and management reporting systems over the mid- to long-term, and with the aim of improving the international comparability of financial information in the capital markets.

Cautionary Statement

Statements made in this material with respect to Sony’s current plans, estimates, strategies and beliefs and other statements that 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 such as “believe,” “expect,” “plans,” “strategy,” “prospects,” “forecast,” “estimate,” “project,” “anticipate,” “aim,” “intend,” “seek,” “may,” “might,” “could” or “should,” and words of similar 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 cautions 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 therefore 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 characterized 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 providers 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 sufficient resources to research and development, to prioritize investments and capital expenditures correctly and to recoup its investments and capital expenditures, including 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 services 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 financial 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, including the risk of unauthorized access to Sony’s business information and the personally identifiable information of its employees and customers, potential business disruptions or financial 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 developments 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. Important 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 Commission.

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SEC Form 6-K filed by Sony Group Corporation