Physiognomonics
Member
I'd say the 3 men in charge are running Playstation to the wall. The biggest problem is they are pushing people to PC ecosystem and it will kill Playstation like it killed the Xbox.Totoki is running PlayStation into the ground.
Japan (YoY)
UK (YoY)
(July) PS5 hits 4m UK sales, 31 weeks slower than PS4
Aug PS5 (-57%)
Europe (YoY)
Jul PS5 (-56%)
Aug PS5 (-50%)
Totoki promises his investors outsized returns, but how can he produce these high returns?
Sony Group operating income declined 7% in FY23, while its net cash stands at (-¥589.7 b)
G&NS operating income grew 16% in FY23. It's never enough.
He can’t, without running PlayStation into the ground (selling fewer consoles at higher price, reducing G&NS working capital, winding down R&D spending and acquisition costs)
Record profits & Totoki tax will kill PlayStation in Japan, UK and Europe.
Context
PS4 Slim was ¥29,980 / £259 / €299 / at the time (2017)
PS5 is sold at a loss, but the average PS5 owner is spending $731 on games, services, add-on , and peripherals, while PS4 owners averaged $580
Totoki Tax
PlayStation foots the bill
May ¥8.52 b
Jun ¥35.21 b
Jul ¥53.59 b
Aug ¥60.27 b
Sep ¥36.90 b