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Sony Stocks Hit New Record High in Japan Following Corporate Restructuring Announcement

Lunatic_Gamer

Lunatic_Gamer

Gold Member
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Sony Group has been rising on the Tokyo Stock Exchange for three consecutive days. On January 29, it began trading on a continuous upward trend, rising by 5% to 3,512 yen (+155 yen), updating its highest price since listing.

GameBiz reports that buying was stimulated by investors’ high expectations for Sony’s new management structure. Earlier in the day, it was announced that President Hiroki Totoki will double as the company’s CEO starting from April 1. In addition, Sony Interactive Entertainment will appoint Hideaki Nishino as its President and sole CEO.
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According to the Nikkei Shimbun, another contributing factor to Sony’s rising stock price is that buyers consider Sony to be at lower risk of being affected by so-called Trump Tariffs. This is because the company largely does business in content-related fields, such as video games.
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While Sony has been hitting new records in smaller increments as of lately, back in December last year, the company finally outdid its share price from 25 years ago, when the PS2 launched in Japan.
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automaton-media.com

Sony stocks hit new record high in Japan following corporate restructuring announcement - AUTOMATON WEST

On January 29, Sony, updated its highest price since listing. Earlier in the day, the company announced changes to its management structure.
automaton-media.com automaton-media.com

money millionaire GIF by South Park
 
Y

yogaflame

Member
Not surprising the investors love the decision by Sony to reshuffle management of PS division. The bottom line the investors and even fans, really want Hulst out and did not like the bad decisions on Gaas and live service focus which wasted allot of talents and money. Im sure the board voted him out, no confidece vote and that is how corporations work. Jim and Hulst made allot of bad decisions. And again I just hope next to be remove is woke infested DEI initiative.
 
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Sebastian1295

Sebastian1295

Member
Sony have made mistakes but instead of doubling down on them, they're cutting their losses game wise and they're restructuring which is smart. Better to rip the bandaid off now then continue to dig yourself a deeper whole. Nintendo does the same thing when they fail and it's why nintendo and sony have been around so long and have been huge players in the gaming industry.
 
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Killjoy-NL

Killjoy-NL

Member
Cakeboxer said:
Not too much, because Xbox still makes hardware and not all leaving people go to Sony (Pc/Steamdeck/mobile gaming, Switch 2, streaming) and the console market isn't growing any more.
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The vast majority who leave Xbox will move to PS, because it's by and large the same demographic.

And the need to branch out and grow the console market was in large part because both Sony and Xbox were competing over the same demographic.
 
RetroGamingUK

RetroGamingUK

Member
Cakeboxer said:
Not too much, because Xbox still makes hardware and not all leaving people go to Sony (Pc/Steamdeck/mobile gaming, Switch 2, streaming) and the console market isn't growing any more.
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Not all, but if 25% go to PlayStation then that’s about 12 million new customers.
 
Cakeboxer

Cakeboxer

Gold Member
Killjoy-NL said:
The vast majority who leave Xbox will move to PS, because it's by and large the same demographic.

And the need to branch out and grow the console market was in large part because both Sony and Xbox were competing over the same demographic.
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So you expect Sony so sell much more PS5s than PS4s?
RetroGamingUK said:
Not all, but if 25% go to PlayStation then that’s about 12 million new customers.
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Not really, because Xbox doesn't stop making hardware anytime soon. Xbox One sold ~60 million, Series may sell like 40 million. That means in theory 20 million went elswhere.
 
Haint

Haint

Member
They've lost like $700+ million dollars in the last 3 months canceling multiple live service AAA budget games with 4+ years of work in them, and wasted the opportunity cost of some of their best teams for an entire console generation (meaning the actualized loss well exceeded a Billion dollars). In what fucked up bizzaro world does that translate to all time high?
 
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Killjoy-NL

Killjoy-NL

Member
Haint said:
They've lost like $700+ million dollars in the last 3 months canceling multiple live service AAA budget games with 4+ years of work in them, and wasted the opportunity cost of some of their best teams for an entire console generation. In what fucked up bizzaro world does that translate to all time high?
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Maybe people are reading into things incorrectly?
 
Killjoy-NL

Killjoy-NL

Member
Cakeboxer said:
So you expect Sony so sell much more PS5s than PS4s?
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Define 'much more'.

But yes, I expect PS5 to sell more than PS4 eventually, mainly because of the second part of your reply:
Cakeboxer said:
Not really, because Xbox doesn't stop making hardware anytime soon. Xbox One sold ~60 million, Series may sell like 40 million. That means in theory 20 million went elswhere.
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Most of those 20M will move to PS, putting PS5 at a potential 130+M, which isn't an unrealistic possibility in any way.

I even wonder if Series will come close to 40M.
 
Cakeboxer

Cakeboxer

Gold Member
Killjoy-NL said:
Define 'much more'.

But yes, I expect PS5 to sell more than PS4 eventually, mainly because of the second part of your reply:

Most of those 20M will move to PS, putting PS5 at a potential 130+M, which isn't an unrealistic possibility in any way.

I even wonder if Series will come close to 40M.
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I don't see them reaching 130 million, but not impossible. Gen should go until ~2027, 40m could be possible if they start making better prices. Right now it's ridiculous like they don't even want to sell.
 
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Clear

Clear

CliffyB's Cock Holster
Haint said:
They've lost like $700+ million dollars in the last 3 months canceling multiple live service AAA budget games with 4+ years of work in them, and wasted the opportunity cost of some of their best teams for an entire console generation. In what fucked up bizzaro world does that translate to all time high?
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This is business as usual. The only thing that has changed is the increased coverage.

Its kinda funny to me how closing studios -and implicitly cancelling multiple projects - gets presented as cost-cutting and therefore less of a loss.
 
Killjoy-NL

Killjoy-NL

Member
Cakeboxer said:
I don't see them reaching 130 million, but not impossible. Gen should go until ~2027, 40m could be possible if they start making better prices. Right now it's ridiculous like they don't even want to sell.
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Since Xbox came into the game, combined PS and Xbox has about 170-180M installbase, which is overall the same demographic.

This was the case for PS2/Xbox, PS3/X360, PS4/XBO and will probably be the case this gen as well.

If you think Series will sell 40M, they'll lose 20M and there is no way those 20M will suddenly jump over to PC, Nintendo and/or mobile.
Even if only half of them would move over to PS, that would put PS5 at ~130M, ad PS4 sold ~120M.

This would only be logical looking at data from previous gens, unless the market for consoles shrank by like 20M.
 
Eimran

Eimran

Member
Kotaro said:
I hope the new CEO bitchslap the woke out of their games, I'm so fucking tired of this current PlayStation
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Fucking A. Started Spiderman 2 last week and my God is the writing terrible. You can tell it's was written in the beginning of the 2020 era.

Rescue male NPC and place him in ambulance. Thanks. Oh and btw. My boyfriend thinks you're the best.

Or

Mission objective. Help MJ save herself!
 
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Cakeboxer

Cakeboxer

Gold Member
Killjoy-NL said:
Since Xbox came into the game, combined PS and Xbox has about 170-180M installbase, which is overall the same demographic.

This was the case for PS2/Xbox, PS3/X360, PS4/XBO and will probably be the case this gen as well.

If you think Series will sell 40M, they'll lose 20M and there is no way those 20M will suddenly jump over to PC, Nintendo and/or mobile.
Even if only half of them would move over to PS, that would put PS5 at ~130M, ad PS4 sold ~120M.

This would only be logical looking at data from previous gens, unless the market for consoles shrank by like 20M.
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We'll see. Right now i think it'll be more like 110-115. If the Switch 2 flops 130+ could be right
 
E

EN250

Member
kazuyamishima said:
But GAF told me they are Doomed!!
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It's the other way around, people have this rose tinted glasses about Japan and how great Sony was back when Sony Japan called the shots, forgetting it was that Sony Japan that thought getting 2 jobs to aquire a PS3 was OK 🤣

Tho, this news is good cause the fastest Hulst is demoted and shown the door, the better for Sony First Party
 
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