Sony 2004 Annual Report Download - page 40

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38
MusicGame
Fiscal Year in Review
•Segment sales fell 18%, as sales of hardware and soft-
ware decreased compared with the previous period.
•PS2 hardware sales decreased, owing to a decline
in PS2 unit sales and strategic price reductions for
PS2 consoles. An increase in unit sales and revenue
of PS2 software was outweighed by a decrease in
the volume and value of PlayStation software sales.
•Operating income decreased 40% owing to an
increase in research and development expenses for
future businesses and the decline in hardware sales.
•PS2 hardware production shipments:
20.1 million units.
•PS2 software production shipments: 222 million units.
Sales and Operating Income
(Billion ¥)
(Year ended March 31)
Description of Business
Music business is conducted by Sony Music Entertain-
ment Inc. (SMEI) and Sony Music Entertainment
(Japan) Inc. (SMEJ).
Fiscal Year in Review
•Segment sales declined 6%.
•Sales at SMEI, on a U.S. dollar basis, were flat com-
pared with the previous period. The appreciation of
European currencies contributed to higher sales
outside the U.S., although this effect was offset by
lower sales in the U.S. Sales at SMEJ were flat amid
challenging market conditions.
•SMEI recorded operating income as it reaped the
benefits from the worldwide restructuring measures
implemented over the past two years and from a
reduction in advertising and promotion expenses.
Operating income at SMEJ increased due to a reduc-
tion in selling, general and administrative expenses,
primarily advertising and promotion expenses, and
strong sales of recordings by Japanese artists.
Sales and Operating Income (Loss)
(Billion ¥)
(Year ended March 31)
http://www.sony.net/games/ http://www.sony.net/music/
Description of Business
Game consoles and software business is conducted by
Sony Computer Entertainment Inc.
Sales
Operating Income
Sales
Operating Income (Loss)
560
–8
598
22
600
19
04
03
02
04
03
02
780
113
955
83
1,004
68
売
営
At a
Glance:
EVANESCENCE
Operating Performance Highlights