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Sony Cuts PlayStation 5 Sales Forecast To 21 Mn Units, Plans Financial Unit IPO

New Delhi, Feb 14 (IANS) Sony Group on Wednesday said it prepares for the spin-off and listing of the shares of Sony Financial Group in October 2025, as it

Sony Group on Wednesday said it prepares for the spin-off and listing of the shares of Sony Financial Group in October 2025, as it lowered its revenue forecast after sales of its PlayStation 5 gaming consoles slowed down in the quarter ended .

Sony : President, Chief Operating Officer and Chief Financial Officer - Form 6-K -December 22, 2023 at 06:08 am EST

Sony to list financial services business

Sony is set to partially spin-off its financial services arm, a diversified unit operating in life insurance, banking and venture capital.

Sony looks to list financial unit to accelerate entertainment push

Sony Group Corp says it is considering a spinoff and listing of Sony Financial Group Inc in the next few years as the Japanese conglomerate has been stepping up efforts to better focus on its entertainment and chip businesses. Sony plans to retain a stake of around 20 percent in…

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