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- Sony has addressed the impact of the recently announced US tariffs on its business.
- The gaming giant expects to lose 100 billion yen ($680 million) in operating income as a result of the tariffs.
- It states that measures are being taken to combat this impact, leading to speculations about potential price hikes.
Sony’s PlayStation business continues to report impressive results, but the future remains uncertain. Following the new tariffs announced in the US, the gaming giant is already preparing for the worst.
As per its latest financial records, the tariffs could reduce operating income by a whopping 100 billion yen.
Why it matters: Japanese companies like Nintendo have already raised prices due to the recent tariffs. Therefore, PlayStation consoles and accessories could be next in line to receive a price hike.
Sony’s latest earnings report states that the company is currently responding to the recent US tariffs. Although exact measures for the new policies have yet to be revealed, the company is preparing for various scenarios.
It states that the tariffs could lead to operating income declining by approximately $680 million, which would be far from ideal since the PlayStation business has suffered losses like Concord and various cancellations recently.
We expect to manage the impact of profitability to approximately 100 billion yen.
-Sony
Although Sony did not discuss potential price hikes, the PS5 and PS5 Pro could soon become more expensive as a result of the US tariffs. The gaming giant could also follow in Xbox and Nintendo’s footsteps, upping its AAA game pricing to $80 at some point.
Elsewhere, the gaming giant confirmed that the PS5 is approaching 80 million sales. The consoles sold nearly 3 million units last quarter, adding up to a total of 77.7 million lifetime sales.
What are your thoughts on the US tariffs and their implications for console gaming? Let’s discuss in the comments and on the Tech4Gamers Forums.
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[News Reporter]
Avinash is currently pursuing a Business degree in Australia. For more than three years, he has been working as a gaming journalist, utilizing his writing skills and love for gaming to report on the latest updates in the industry. Avinash loves to play action games like Devil May Cry and has also been mentioned on highly regarded websites, such as IGN, GamesRadar, GameRant, Dualshockers, CBR, and Gamespot.
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