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SONY 6-K

Sony Group Corp (SONY)

6-K 2026-07-31 For: 2026-07-31
View Original
Added on July 31, 2026

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 July 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<br> x Form 40-F<br> ¨

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<br> GROUP CORPORATION<br><br> <br>(Registrant)
By: /s/<br> Lin Tao
(Signature)
Lin Tao
Chief Financial Officer

Date: July 31, 2026

List of Materials

Documents attached hereto:

Consolidated Financial Summary for the First Quarter Ended June 30, 2026

Consolidated Financial Summary for the First Quarter Ended June 30, 2026

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

July 31, 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 to commence dividend payment : -
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 three months ended June 30,2026 (from April 1, 2026 to June 30, 2026)

(1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Sales Operating<br> income Income<br> before income<br><br> taxes Net<br> income^*^ Net<br> income attributable to <br><br> Sony Group Corporation’s<br><br> stockholders^*^
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Three months ended Yen in millions % Yen in millions % Yen in millions % Yen in millions % Yen in millions %
June 30, 2026 2,837,771 8.2 476,499 40.2 477,491 33.9 350,007 33.2 342,161 32.1
June 30, 2025 2,621,615 2.2 339,955 36.5 356,601 24.3 262,820 22.6 259,027 23.3
Total comprehensive <br><br>income^*^ Basic earnings<br><br> per share^*^ Diluted earnings<br><br> per share^*^
--- --- --- --- --- --- --- --- ---
Three months ended Yen in millions % Yen Yen
June 30, 2026 447,306 87.6 58.07 57.82
June 30, 2025 238,401 -45.6 43.08 42.84
* Effective October 1, 2025, Sony Group Corporation executed a partial spin-off of Sony Financial Group Inc. (“SFGI”),<br>a formerly wholly-owned subsidiary which operates the Financial Services business (the “Spin-off”). As a result of the resolution<br>of Sony Group Corporation’s Board of Directors on May 14, 2025 on a plan for the execution of the Spin-off, the Financial<br>Services business has been classified as a discontinued operation and presented separately from continuing operations, comprised of Sony’s<br>businesses excluding the Financial Services business, from the three months ended June 30, 2025, in accordance with IFRS Accounting<br>Standards. Therefore, the above figures for net income, net income attributable to Sony Group Corporation’s stockholders, total<br>comprehensive income, basic earnings per share and diluted earnings per share for the three months ended June 30, 2025 represent<br>the results for continuing operations. The year-on-year percentage changes of net income, net income attributable to Sony Group Corporation’s<br>stockholders and total comprehensive income for the three months ended June 30, 2026 are calculated using the figures for continuing<br>operations for the three months ended June 30, 2025. As net income (loss) from discontinued operations was not recorded in the three<br>months ended June 30, 2026, there is no difference between the figures for continuing operations and the consolidated figures for<br>the three months ended June 30, 2026. For details of discontinued operations, please refer to “Notes to Condensed Quarterly<br>Consolidated Financial Statements - Accounting Policy and Other Information (Discontinued operations)” on page 13 of the Appendix.
--- ---

(2) Consolidated financial position

Total assets Total equity Equity attributable<br> to Sony Group<br> Corporation’s stockholders Ratio of equity<br> attributable to <br> Sony Group Corporation’s <br><br>stockholders to total assets
As of Yen in millions Yen in millions Yen in millions %
June 30, 2026 16,047,302 8,774,938 8,369,259 52.2
March 31, 2026 15,683,490 8,513,589 8,119,011 51.8

2. Dividends

Annual<br> dividends per share
First<br> quarter-end Second<br> quarter-end Third<br> quarter-end Year-end Total
Yen Yen Yen Yen Yen
Fiscal year ended March 31, 2026* - 12.50 - 12.50 25.00
Fiscal year ending March 31, 2027 -
Fiscal year ending March 31, 2027 (Forecast) 17.50 - 17.50 35.00

Note: Revisions to the forecast of dividends most recently announced: No

* Upon the execution of the above-mentioned Spin-off, Sony Group<br>Corporation distributed dividends in kind to shareholders appearing in its register of shareholders as of the record date, September 30,<br>2025, at the rate of one share of common stock of SFGI to one share of common stock of Sony Group Corporation held by each shareholder.<br>However, the above dividends for the fiscal year ended March 31, 2026 do not include such dividends in kind.

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

(Percentages indicate year-on-year changes.)
Fiscal year ending <br><br>March 31, 2027 Sales Operating income Income before income taxes Net income attributable to Sony<br><br> Group Corporation’s stockholders*
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Yen in millions % Yen in millions % Yen in millions % Yen in millions %
Full year 12,500,000 0.2 1,720,000 18.8 1,710,000 20.2 1,210,000 17.4

Notes:

1 Revisions to the forecast for the fiscal year ending March 31,<br>2027 most recently announced: Yes
2 The impact of the 2026 Kumamoto Earthquake, which occurred on<br>July 28, 2026, on Sony Group Corporation’s consolidated financial results has not been incorporated into the above results forecast,<br>as it is currently difficult to reasonably estimate such impact.
--- ---
* The year-on-year percentage change of net income attributable<br>to Sony Group Corporation’s stockholders is calculated using net income from continuing operations attributable to Sony Group Corporation’s<br>stockholders for the fiscal year ended March 31, 2026. As net income (loss) from discontinued operations is not expected to be incurred<br>in the fiscal year ending March 31, 2027, there is no difference between the figure for net income attributable to Sony Group Corporation’s<br>stockholders for continuing operations and the consolidated figure in the forecast for the fiscal year ending March 31, 2027.
--- ---

* Notes

(1) Significant changes in scope of consolidation during the period : No
(2) Changes in accounting policies and changes in accounting estimates:
--- ---
(i) Changes in accounting policies required by IFRS Accounting Standards : Yes
--- --- ---
(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 period (including treasury stock)
--- ---
As of June 30, 2026 5,965,316,326 shares
--- --- ---
As of March 31, 2026 6,149,810,645 shares
(ii) Number of shares of treasury stock at the end of the period
--- ---
As of June 30, 2026 92,854,256 shares
--- --- ---
As of March 31, 2026 242,143,391 shares
(iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
--- ---
Three months ended June 30, 2026 5,891,838,291 shares
--- --- ---
Three months ended June 30, 2025 6,013,191,432 shares
Note:
---

Please refer to “Notes to Condensed Quarterly Consolidated Financial Statements - Accounting Policy and Other Information (Net Income 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 12 of the Appendix for number of shares used as basis for calculating consolidated per share data.

* Review of the attached condensed quarterly consolidated financial statements by certified public accountants or an audit firm: No
* Proper use of earnings forecasts, and other special matters:
Please refer to “Cautionary Statement” on page 15 of the Appendix for assumptions and other matters related to the forecast<br>of financial results.
Supplementary materials on financial results including the presentation material for the earnings announcement are available on Sony<br>Group Corporation’s website along with this document.

(Appendix)

Table of Contents for Appendix

Condensed Quarterly Consolidated Financial Statements (Unaudited) 2
Condensed Quarterly Consolidated Statements of Financial Position 2
Condensed Quarterly Consolidated Statements of Income (Three months ended June 30) 4
Condensed Quarterly Consolidated Statements of Comprehensive Income (Three months ended June<br> 30) 5
Condensed Quarterly Consolidated Statements of Changes in Stockholders’ Equity (Three months<br> ended June 30) 6
Condensed Quarterly Consolidated Statements of Cash Flows (Three months ended June 30) 7
Notes to Condensed Quarterly Consolidated Financial Statements 9
- Business Segment Information 9
- Going Concern Assumption 12
- Accounting Policy and Other Information 12
- Subsequent Event 14
Overview of Operating Results 15
Cautionary Statement 15

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)

Condensed Quarterly Consolidated Financial Statements

Condensed Quarterly Consolidated Statements of Financial Position

Yen in millions
March 31, 2026 June 30, 2026 Change from <br><br>March 31, 2026
ASSETS
Current assets:
Cash and cash equivalents 2,208,879 2,170,019 (38,860 )
Trade and other receivables, and contract assets 1,821,916 1,852,291 30,375
Inventories 1,227,351 1,365,079 137,728
Other financial assets 28,167 31,870 3,703
Other current assets 663,678 703,239 39,561
Total current assets 5,949,991 6,122,498 172,507
Non-current assets:
Investments accounted for using the equity method 483,709 349,528 (134,181 )
Property, plant and equipment 1,453,805 1,417,753 (36,052 )
Right-of-use assets 524,345 560,746 36,401
Goodwill 1,673,906 1,701,706 27,800
Content assets 2,558,615 2,664,749 106,134
Other intangible assets 659,578 668,525 8,947
Deferred tax assets 560,800 566,658 5,858
Other financial assets 1,173,819 1,330,644 156,825
Other non-current assets 644,922 664,495 19,573
Total non-current assets 9,733,499 9,924,804 191,305
Total assets 15,683,490 16,047,302 363,812

(Continued on the following page.)

- 2 -

Condensed Quarterly Consolidated Statements of Financial Position(Continued)


Yen in millions
March 31, <br><br>2026 June 30, <br><br>2026 Change from<br><br> March 31, 2026
LIABILITIES
Current liabilities:
Short-term borrowings 51,183 49,836 (1,347 )
Lease liabilities 94,160 97,351 3,191
Current portion of long-term debt 166,410 160,633 (5,777 )
Trade and other payables 2,240,566 2,228,109 (12,457 )
Income taxes payable 196,000 188,710 (7,290 )
Participation and residual liabilities in the Pictures segment 223,233 211,162 (12,071 )
Contract liabilities 594,336 690,425 96,089
Other financial liabilities 115,785 62,067 (53,718 )
Other current liabilities 1,350,951 1,228,567 (122,384 )
Total current liabilities 5,032,624 4,916,860 (115,764 )
Non-current liabilities:
Long-term debt 824,393 993,702 169,309
Lease liabilities 533,523 569,076 35,553
Defined benefit liabilities 165,017 163,004 (2,013 )
Deferred tax liabilities 211,391 234,208 22,817
Participation and residual liabilities in the Pictures segment 140,893 131,601 (9,292 )
Other financial liabilities 105,827 107,541 1,714
Other non-current liabilities 156,233 156,372 139
Total non-current liabilities 2,137,277 2,355,504 218,227
Total liabilities 7,169,901 7,272,364 102,463
EQUITY
Sony Group Corporation’s stockholders’ equity:
Common stock 881,357 881,357 -
Additional paid-in capital 1,465,499 894,947 (570,552 )
Retained earnings 5,294,890 5,560,069 265,179
Accumulated other comprehensive income 1,229,371 1,329,016 99,645
Treasury stock, at cost (752,106 ) (296,130 ) 455,976
Equity attributable to Sony Group Corporation’s stockholders 8,119,011 8,369,259 250,248
Noncontrolling interests 394,578 405,679 11,101
Total equity 8,513,589 8,774,938 261,349
Total liabilities and equity 15,683,490 16,047,302 363,812
- 3 -

Condensed Quarterly Consolidated Statements of Income

Yen in millions
Three months ended June 30
2025 2026 Change
Continuing operations
Sales 2,621,615 2,837,771 216,156
Costs and expenses:
Cost of sales 1,775,067 1,796,292 21,225
Selling, general and administrative 514,802 568,373 53,571
Other operating (income) expense, net (9,920 ) (1,387 ) 8,533
Total costs and expenses 2,279,949 2,363,278 83,329
Share of profit (loss) of investments accounted for using the equity method (1,711 ) 2,006 3,717
Operating income 339,955 476,499 136,544
Financial income 51,654 24,464 (27,190 )
Financial expenses 35,008 23,472 (11,536 )
Income before income taxes 356,601 477,491 120,890
Income taxes 93,781 127,484 33,703
Net income from continuing operations 262,820 350,007 87,187
Discontinued operations
Net income (loss) from discontinued operations (22,118 ) - 22,118
Net income 240,702 350,007 109,305
Net income attributable to
Sony Group Corporation’s stockholders 236,909 342,161 105,252
Net income from continuing operations 259,027 342,161 83,134
Net income (loss) from discontinued operations (22,118 ) - 22,118
Noncontrolling interests 3,793 7,846 4,053
Yen
--- --- --- --- --- --- --- ---
Three months ended June 30
2025 2026 Change
Per share data:
Net income (loss) attributable to Sony Group Corporation’s stockholders
- Basic 39.40 58.07 18.67
Continuing operations 43.08 58.07 14.99
Discontinued operations (3.68 ) - 3.68
- Diluted 39.18 57.82 18.64
Continuing operations 42.84 57.82 14.98
Discontinued operations (3.66 ) - 3.66
- 4 -

Condensed Quarterly Consolidated Statements of Comprehensive Income

Yen in millions
Three months ended June 30
2025 2026 Change
Net income 240,702 350,007 109,305
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 (802 ) (11,015 ) (10,213 )
Remeasurement of defined benefit pension plans 0 (1,655 ) (1,655 )
Share of other comprehensive income of investments accounted for using the equity method (41 ) 104 145
Other comprehensive income from discontinued operations (16 ) - 16
Items that may be reclassified subsequently to profit or loss
Cash flow hedges (944 ) 1,559 2,503
Exchange differences on translating foreign operations (22,301 ) 81,365 103,666
Share of other comprehensive income of investments accounted for using the equity method (331 ) 26,941 27,272
Other comprehensive income from discontinued operations 53,302 - (53,302 )
Total other comprehensive income, net of tax 28,867 97,299 68,432
Comprehensive income 269,569 447,306 177,737
Total Comprehensive income
Comprehensive income from continuing operations 238,401 447,306 208,905
Comprehensive income from discontinued operations 31,168 - (31,168 )
Comprehensive income attributable to
Sony Group Corporation’s stockholders 266,888 438,670 171,782
Comprehensive income from continuing operations 235,720 438,670 202,950
Comprehensive income from discontinued operations 31,168 - (31,168 )
Noncontrolling interests 2,681 8,636 5,955
- 5 -

Condensed Quarterly Consolidated Statements of Changes in Stockholders’Equity

Yen<br> in millions
Common stock Additional paid-in <br><br> capital Retained<br> <br><br> earnings Accumulated other comprehensive <br><br> income Accumulated<br><br> other<br><br> comprehensive<br><br> income directly<br><br> related to<br><br> disposal groups<br><br> classified as<br><br> held for<br><br> distribution to<br><br> owners Treasury<br> <br><br> stock, at <br><br> cost Sony Group Corporation’s stockholders’ equity Noncontrolling<br> <br><br> interests Total equity
Balance at April 1,<br> 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 236,909 236,909 3,793 240,702
Other comprehensive<br> income, net of tax (57,601 ) 87,580 29,979 (1,112 ) 28,867
Total comprehensive<br> income 236,909 (57,601 ) 87,580 266,888 2,681 269,569
Transfer to retained earnings 604 (619 ) 15 - -
Transactions with stockholders<br> and other:
Stock issued under stock-based<br> compensation transactions 491 12,466 12,957 12,957
Compensation expenses related<br> to stock-based compensation transactions 4,662 4,662 4,662
Dividends declared (60,250 ) (60,250 ) (18,283 ) (78,533 )
Purchase of treasury stock (93,339 ) (93,339 ) (93,339 )
Reissuance of treasury stock 0 0 0 0
Transfer to held for distribution<br> to owners 1,447,112 (1,447,112 ) - -
Transactions<br> with noncontrolling interests shareholders and other (20,260 ) 5,209 (15,051 ) (22,739 ) (37,790 )
Balance<br> at June 30, 2025 881,357 1,468,420 6,855,431 827,654 (1,359,517 ) (377,733 ) 8,295,612 292,065 8,587,677
Yen<br> in millions
--- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---
Common<br> <br><br> stock Additional paid-in capital Retained<br> <br><br> earnings Accumulated other comprehensive <br><br> income Treasury<br> <br><br> stock, at <br><br> cost Sony Group Corporation’s stockholders’ <br><br> equity Noncontrolling<br> <br><br> interests Total equity
Balance at April 1, 2026 881,357 1,465,499 5,294,890 1,229,371 (752,106 ) 8,119,011 394,578 8,513,589
Comprehensive income:
Net income 342,161 342,161 7,846 350,007
Other<br> comprehensive income, net of tax 96,509 96,509 790 97,299
Total comprehensive<br> income 342,161 96,509 438,670 8,636 447,306
Transfer to retained earnings (3,136 ) 3,136 - -
Transactions with stockholders<br> and other:
Stock issued<br> under stock-based compensation transactions (1,015 ) 5,889 4,874 4,874
Compensation<br> expenses related to stock-based compensation transactions 6,832 6,832 6,832
Dividends<br> declared (73,846 ) (73,846 ) (4,505 ) (78,351 )
Purchase<br> of treasury stock (127,480 ) (127,480 ) (127,480 )
Reissuance<br> of treasury stock 0 0 0 0
Cancellation<br> of treasury stock (577,567 ) 577,567 - -
Transactions<br> with noncontrolling interests shareholders and other 1,198 1,198 6,970 8,168
Balance<br> at June 30, 2026 881,357 894,947 5,560,069 1,329,016 (296,130 ) 8,369,259 405,679 8,774,938
- 6 -

Condensed Quarterly Consolidated Statementsof Cash Flows

Yen<br> in millions
Three<br> months ended June 30
2025 2026
Cash<br> flows from operating activities:
Income<br> before income taxes from continuing operations 356,601 477,491
Adjustments to reconcile income<br> before income taxes from continuing operations to net cash provided by operating activities:
Depreciation<br> and amortization, including amortization of contract costs 274,399 250,797
Other<br> operating (income) expense, net (9,920 ) (1,387 )
Gain on<br> securities, net (30,092 ) (141 )
Share of loss of investments<br> accounted for using the equity method, net of dividends 7,689 9,686
Changes<br> in assets and liabilities:
(Increase)<br> decrease in trade receivables and contract assets 105,820 (8,102 )
Increase<br> in inventories (156,435 ) (129,406 )
Increase<br> in content assets (148,883 ) (160,821 )
Increase<br> in trade payables 90,138 19,055
Increase<br> in taxes payable other than income taxes, net 8,260 34,244
Increase<br> in other financial assets and other current assets (54,560 ) (43,013 )
Decrease<br> in other financial liabilities and other current liabilities (187,582 ) (90,994 )
Income<br> taxes paid (53,374 ) (129,121 )
Other 51,820 (30,853 )
Total<br> net cash provided by operating activities from continuing operations 253,881 197,435
Net<br> cash used in operating activities from discontinued operations (176,552 ) -
Net<br> cash provided by operating activities 77,329 197,435

(Continued on the following page.)

- 7 -

Condensed Quarterly Consolidated Statements of Cash Flows (Continued)

Yen<br> in millions
Three<br> months ended June 30
2025 2026
Cash flows from investing<br> activities:
Payments for property,<br> plant and equipment and other intangible assets (120,094 ) (137,870 )
Proceeds from sales of property,<br> plant and equipment and other intangible assets 1,809 4,862
Payments for investments and<br> advances (36,683 ) (52,061 )
Proceeds from sales or return<br> of investments and collections of advances 4,415 7,140
Payments for purchases of businesses<br> and other (12,217 ) (14,938 )
Proceeds from sales of businesses - 14,632
Other 74 1,452
Total net<br> cash used in investing activities from continuing operations (162,696 ) (176,783 )
Net cash<br> used in investing activities from discontinued operations (10,622 ) -
Net cash<br> used in investing activities (173,318 ) (176,783 )
Cash flows from financing<br> activities:
Decrease in short-term borrowings,<br> net (46 ) (1,454 )
Proceeds from issuance of long-term<br> debt 5,792 168,017
Payments of long-term debt (3,361 ) (10,710 )
Payments of lease liabilities (21,706 ) (24,970 )
Dividends paid (59,870 ) (73,426 )
Payments for purchases of treasury<br> stock (93,339 ) (127,480 )
Other (37,371 ) (16,605 )
Total net<br> cash used in financing activities from continuing operations (209,901 ) (86,628 )
Net cash<br> used in financing activities from discontinued operations (2,718 ) -
Net cash<br> used in financing activities (212,619 ) (86,628 )
Effect<br> of exchange rate changes on cash and cash equivalents (45,854 ) 27,116
Net decrease in cash and cash<br> equivalents (354,462 ) (38,860 )
Cash and<br> cash equivalents at beginning of the fiscal year 2,980,956 2,208,879
Cash and<br> cash equivalents at end of the period 2,626,494 2,170,019
Cash and<br> cash equivalents included in assets held for distribution to owners 1,026,385 -
Cash and cash equivalents in the<br> Condensed Quarterly Consolidated Statements of Financial Position 1,600,109 2,170,019
- 8 -

Notes to Condensed Quarterly ConsolidatedFinancial Statements

Business Segment Information

(Business Segments)

Segment sales

Yen<br> in millions
Three<br> months ended June 30
2025 2026 Change
Sales:
Game & Network Services<br> -
Customers 912,810 915,846 3,036
Intersegment 23,723 21,277 (2,446 )
Total 936,533 937,123 590
Music -
Customers 458,952 557,866 98,914
Intersegment 6,389 4,153 (2,236 )
Total 465,341 562,019 96,678
Pictures -
Customers 326,206 312,208 (13,998 )
Intersegment 898 2,855 1,957
Total 327,104 315,063 (12,041 )
Entertainment, Technology &<br> Services -
Customers 518,677 534,421 15,744
Intersegment 15,581 9,429 (6,152 )
Total 534,258 543,850 9,592
Imaging & Sensing Solutions<br> -
Customers 385,464 492,845 107,381
Intersegment 22,726 19,893 (2,833 )
Total 408,190 512,738 104,548
All Other -
Customers 16,239 19,878 3,639
Intersegment 3,091 2,234 (857 )
Total 19,330 22,112 2,782
Corporate<br> and elimination (69,141 ) (55,134 ) 14,007
Consolidated<br> total 2,621,615 2,837,771 216,156

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.

- 9 -

Segment profit (loss)

Yen<br> in millions
Three<br> months ended June 30
2025 2026 Change
Operating income (loss):
Game &<br> Network Services 147,957 202,014 54,057
Music 92,807 105,882 13,075
Pictures 18,665 24,809 6,144
Entertainment, Technology &<br> Services 43,143 42,601 (542 )
Imaging & Sensing Solutions 54,251 122,203 67,952
All Other (4,968 ) (13,261 ) (8,293 )
Total 351,855 484,248 132,393
Corporate<br> and elimination (11,900 ) (7,749 ) 4,151
Consolidated<br> operating income 339,955 476,499 136,544

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

- 10 -

(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
Three months ended June 30
Sales: 2025 2026 Change
Game & Network Services
Digital Software and Add-on Content 492,147 485,218 (6,929 )
Network Services 172,648 208,623 35,975
Hardware and Others 248,015 222,005 (26,010 )
Total 912,810 915,846 3,036
Music
Recorded Music - Streaming 196,016 237,066 41,050
Recorded Music - Others 105,473 143,885 38,412
Music Publishing 98,685 116,002 17,317
Visual Media and Platform 58,778 60,913 2,135
Total 458,952 557,866 98,914
Pictures
Motion Pictures 107,133 102,718 (4,415 )
Television Productions 121,627 90,916 (30,711 )
Media Networks 97,446 118,574 21,128
Total 326,206 312,208 (13,998 )
Entertainment, Technology & Services
Imaging 187,299 199,652 12,353
Sound 65,871 65,206 (665 )
Network Services 45,597 48,054 2,457
Displays 101,263 99,262 (2,001 )
Other 118,647 122,247 3,600
Total 518,677 534,421 15,744
Imaging & Sensing Solutions 385,464 492,845 107,381
All Other 16,239 19,878 3,639
Corporate 3,267 4,707 1,440
Consolidated total 2,621,615 2,837,771 216,156

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.

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Going ConcernAssumption

Not Applicable

AccountingPolicy and Other Information

(Changes in accountingpolicies)

Sony newly adopted the following accounting standards from the fiscal year ending March 31, 2027:

Amendments to IFRS 9 “Financial Instruments” and IFRS 7 “Financial Instruments: Disclosures”

In May 2024, the International Accounting Standards Board (IASB) issued “Amendments to the Classification and Measurement of Financial Instruments (Amendments to IFRS 9 and 7).” These amendments relate to clarifications on the classification of financial assets and the derecognition of financial liabilities, as well as disclosures for equity instruments designated at fair value through other comprehensive income, among other matters. Sony has applied these amended standards since April 1, 2026. The application of these standards does not have a material impact on Sony’s results of operations and financial position.

(Net Income Attributableto Sony Group Corporation’s Stockholders per Share (“EPS”) and Weighted-average Number of Outstanding Shares Used forthe Computation of EPS of Common Stock)

Yen in millions
Three months ended June 30
2025 2026
Net income (loss) attributable to Sony Group Corporation’s stockholders for basic and diluted EPS computation 236,909 342,161
Continuing operations 259,027 342,161
Discontinued operations (22,118 ) -
Thousands of shares
--- --- ---
Three months ended June 30
2025 2026
Weighted-average shares outstanding for basic EPS computation 6,013,191 5,891,838
Effect of dilutive securities:
Stock options 24,729 16,153
Restricted stock units 8,990 9,351
Weighted-average shares for diluted EPS computation 6,046,910 5,917,342

(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.

(Significant changes in the scopeof consolidation and the scope of equity method application during the period)

Upon the conclusion of the General Meeting of Shareholders of Sony Financial Group Inc. (“SFGI”) held on June 25, 2026, after considering factors including the composition of the board of directors of SFGI, Sony Group Corporation concluded that it no longer had significant influence over SFGI. Accordingly, during the first quarter of the fiscal year ending March 31, 2027, SFGI was excluded from the scope of equity method application, and the common stock of SFGI (“SFGI share(s)”) was reclassified from an investment in an associate to an equity instrument measured at fair value through other comprehensive income. The gain or loss resulting from the exclusion of SFGI from the scope of equity method application is not material.

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(Discontinuedoperations)

At a meeting of Sony Group Corporation’s Board of Directors held on May 14, 2025, Sony Group Corporation resolved the plan regarding the execution of a partial spin-off (the “Spin-off”) of SFGI. Consequently, 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” during the first quarter of the fiscal year ended March 31, 2026. As a result, from the first quarter of the fiscal year ended March 31, 2026, in the condensed quarterly consolidated statements of income, condensed quarterly consolidated statements of comprehensive income, and condensed quarterly 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 or loss from discontinued operations, other comprehensive income from discontinued operations, and net cash from discontinued operations, respectively.

Subsequently, Sony Group Corporation executed the Spin-off effective October 1, 2025.

Results of discontinued operations

Yen in millions
Three months ended June 30
2025 2026
Financial services revenue 208,256 -
Financial services expenses 239,933 -
Other income (expenses), net (122 ) -
Income (loss) before income taxes from discontinued operations (31,799 ) -
Income taxes (9,681 ) -
Net income (loss) from discontinued operations (22,118 ) -
Other comprehensive income, net of tax, from discontinued operations 53,286 -
Items that will not be reclassified to profit or loss
Changes in equity instruments measured at fair value through other comprehensive income 35 -
Remeasurement of defined benefit pension plans (51 ) -
Items that may be reclassified subsequently to profit or loss
Changes in debt instruments measured at fair value through other comprehensive income (132,899 ) -
Insurance finance income (expenses) 186,291 -
Others (90 ) -
Comprehensive income from discontinued operations 31,168 -
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Subsequent Event

(Acquisition of a group of assets that doesnot constitute a business)

On July 15, 2026, a consolidated subsidiary of Sony in the Music Segment completed the acquisition of 100% of the equity interests in a company that owns certain music assets and other assets. Sony consolidated the company and the acquisition was accounted for as an acquisition of a group of assets that does not constitute a business. The total cash consideration was approximately 260 billion yen (approximately 1.6 billion U.S. dollars), subject to customary working capital and other adjustments. As a result of the transaction, Sony recognized approximately 550 billion yen (approximately 3.4 billion U.S. dollars) of content assets (music catalogs) and approximately 310 billion yen (approximately 1.9 billion U.S. dollars) of long-term debt by consolidating the company. In addition, as part of the transaction, Sony received a cash contribution from a third-party, and recognized approximately 65 billion yen (approximately 0.4 billion U.S. dollars) of noncontrolling interests.

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Overview of Operating Results

For the overview of operating results for the three months ended June 30, 2026, including the forecast for the fiscal year ending March 31, 2027, please refer to “Q1 FY2026 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.

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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