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Sony Group Corporation (SONY) Q1 2024 Earnings Call

2023-08-09 19:49

Sony Group Corporation (NYSE:SONY) Q1 2024 Earnings Conference Call August 9, 2023 3:00 AM ET

Company Participants

Hiroki Totoki - President, COO & CFO

Sadahiko Hayakawa - General Manager, Finance Department

Hiroaki Kitano - Senior EVP & CTO, Corporate Executive Officer

Naomi Matsuoka - SVP

Conference Call Participants

Masahiro Ono - Morgan Stanley

Mikio Hirakawa - Bank of America Merrill Lynch

Junya Ayada - JPMorgan Chase & Co.

Yasuo Nakane - Mizuho Securities

Ryosuke Katsura - SMBC

Kota Ezawa - Citigroup

Unidentified Company Representative

Good afternoon, ladies and gentlemen. It is now time to start Sony Group's Q1 FY 2023 Consolidated Financial Results Presentation Meeting. I am over the Corporate Communications.

I would like to first introduce the speakers today, President, COO and CFO, Hiroki Totoki; and Senior Vice President in charge of the Corporate Planning Group DE&I promotion, also support Financial Service and Entertainment segment, Naomi Matsuoka; and then Senior Vice President in charge of Finance and IR, Sadahiko Hayakawa. So those 3 will present the Q1 FY 2023 consolidated financial results also the outlook throughout the FY 2023. And there will be a question-and-answer session, and we plan to have a 70 minutes session.

Thank you. First speaker is Mr. Totoki.

Hiroki Totoki

So the speakers today are Matsuoka and Hayakawa. And then toward the end, I'd like to make a summary comments. So first speaker, Hayakawa-san. Matsuoka and Hayakawa will present the consolidated results.

Starting from FY '23 Q1, Sony has adopted a new accounting standard, IFRS 17 new standard, pertaining to insurance contracts, the annual results for the same quarter of the previous fiscal year. And previous fiscal year that we'll show today are presented after recalculation based on the new standard. We will explain the details later in the Financial Services segment part.

Consolidated sales

索尼(SONY.US)2024财年第一季度业绩电话会
Time
2023-08-09 19:49
Properties
业绩会路演
Format
Online