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December 22, 2024
 

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PLAYSTATION

A limited edition of PlayStation 5 (PS5) Pro video game console
BUSINESS / Companies
Dec 20, 2024
Sony’s record climb makes investors more bullish on gaming boom
Sony Group’s long-awaited rise to record highs has emboldened bullish investors and analysts, who see gains extending into 2025 on a robust outlook for video games.
The PlayStation 5 on display during the annual Tokyo Game Show in September. PlayStation was Sony's first foray into the world of video games when it hit the shelves in Japan on Dec. 3, 1994.
BUSINESS / Tech
Dec 2, 2024
PlayStation at 30: How Sony's gray box conquered gaming
The PlayStation became a legend, selling more than 102 million units and positioning Sony as a heavyweight in a hugely lucrative sector.
Ken Kutaragi, the creator of Sony's PlayStation, speaks at the annual Tokyo Game Show in the city of Chiba in September.
BUSINESS / Tech
Dec 2, 2024
Father of PlayStation says 'everyone told us we would fail'
With revolutionary 3D graphics and titles like "Tomb Raider" and "Metal Gear Solid," the device first hit shelves on Dec. 3, 1994.
Tokyo Game Show opens to the public on Sept. 28 full of cosplayers promoting a full slate of new and upcoming titles.
LIFE / Digital
Sep 26, 2024
Tokyo Game Show 2024 stacked with big returns and hyped announcements
PlayStation returns to Tokyo Game Show for the first time since 2019 as Japan's biggest gaming show opens to the public on Sept. 29 and 29.
Japan might have created the PlayStation brand, but the cost of the latest generation of the console will exclude all but the most hardcore fans.
COMMENTARY / Japan
Sep 18, 2024
PS5 Pro price is a sticker shock for the country that made the PlayStation
With even an entry-level PS5 now costing some ¥72,980 following the latest hike last month, an entire generation of Japanese could be cut off.
Intel in 2022 lost out on a contract to design and fabricate the chip for Sony’s next-generation PlayStation 6.
BUSINESS / Tech
Sep 17, 2024
How Intel lost the Sony PlayStation business
A dispute over how much profit Intel stood to take from each chip sold to the electronics giant for the PlayStation 6 gave a leg-up to AMD, which clinched the deal.
The PlayStation 5 Pro gaming console is priced at $699.99 in the United States, and ¥119,980 in Japan.
BUSINESS / Companies
Sep 11, 2024
Sony prices PlayStation 5 Pro game console at a hefty $699.99
In Japan, the midgeneration console is priced at ¥119,980, compared with the standard PlayStation 5 digital model's ¥72,980 price tag.
The surprise 19% price increase comes even as PlayStation 5 sales have slowed.
BUSINESS / Companies
Aug 27, 2024
Sony hikes PlayStation 5 price in Japan citing cost volatility
The surprise move comes even as PS5 sales have slowed and Sony is widely expected to refresh its offering with a revamp of the console in coming months.
Sony Group is missing analyst expectations for sales as demand for its PlayStation 5 hardware wanes.
BUSINESS / Companies
May 15, 2024
Sony sales outlook misses estimates on waning demand for PS5s
Shares in Sony have been under pressure this month amid mounting speculation about the terms of its potential $26 billion bid for Paramount Global.
A customer walks past a display for Nintendo's Super Mario at an electronics store in Tokyo on Jan. 12. Last year, Nintendo increased salaries, in part to be competitive with other studios.
BUSINESS
Apr 2, 2024
Japan’s game industry weathers the storm amid layoffs worldwide
The country's studios are actually scrambling to attract and retain talent — a state of affairs that is symptomatic of the nation’s demographic challenges.
Sony's move to cut costs and Microsoft's decision to release titles on rival platforms reflect uncertainty in the gaming industry.
COMMENTARY / Japan
Mar 8, 2024
Looks like we're nearing peak PlayStation
The gaming industry as a whole is struggling with ballooning development costs and longer production cycles, leading to fewer and risk-averse titles.
Sony trimmed its revenue forecast after sales of its flagship PlayStation 5 in the December quarter came in roughly a million units lower than analysts’ estimates.
BUSINESS / Companies
Feb 15, 2024
Sony dives most in two years after cutting PS5 sales outlook
Shares fell as much as 8.4% in early Tokyo trading, the biggest intraday fall since February 2022.
Attendees play the Fate/Samurai Remnant video game on PlayStation 5 video game consoles at the Tokyo Game Show in September.
BUSINESS / Companies
Dec 21, 2023
Sony highlights PS5 momentum as hardware sales top 50 million
Sony is seeing strong momentum for its PlayStation 5 console, a senior games executive has said, with lifetime sales exceeding 50 million units and the company recording its best-ever Black Friday period sales for the device.
Sony Group has raised its full-year outlook after its media divisions outperformed.
BUSINESS / Companies
Nov 9, 2023
Sony raises sales and profit outlook as media helps offset mobile
The adjustments suggest resilient consumer spending and a weaker yen are stabilizing the business.
Bungie, the Sony-owned game studio behind Destiny 2, has cut an undisclosed number of staffers amid restructuring of Sony's video game operations.
BUSINESS / Companies
Oct 31, 2023
Sony’s Bungie game unit cuts staff following delayed titles
Sony, which purchased Bungie in early 2022 for $3.6 billion, has been cutting staff across its PlayStation division this year, in part due to delays.
Jim Ryan, president and CEO of Sony Interactive Entertainment, speaks during the Consumer Electronics Show in Las Vegas in January.
BUSINESS / Companies
Sep 28, 2023
Sony gaming chief Jim Ryan to retire in March
Ryan became CEO of Sony Interactive Entertainment in 2019 and oversaw initiatives including the launch of the PlayStation 5.
Nintendo Tokyo at the Shibuya Parco department store complex, the first such official Nintendo store in Japan
COMMENTARY / Japan
Sep 27, 2023
Microsoft buying Nintendo would have been a disaster
Imagine the clash of cultures. Nintendo executives famously cut their own salaries rather than lay off workers during the failure of the Wii U.
Sony, a key supplier of image sensors to Apple and other device-makers, has said it doesn’t expect demand in the mobile phone market to bounce back until next year at the earliest.
BUSINESS / Companies
Aug 10, 2023
Sony falls most in a year as smartphone demand fails to recover
The Tokyo-based company’s operating income fell 31% in the first fiscal quarter because of sharp declines in the movie and sensor groups.
Japan Times
BUSINESS
Apr 28, 2023
Sony casts doubt on PlayStation momentum with cagey outlook
The Tokyo-based firm said it expects operating income of ¥1.17 trillion ($8.7 billion) in the year ending March 2024, below average analyst estimates of ¥1.27 trillion.
Japan Times
BUSINESS / Companies
Jan 31, 2023
Sony slashes PlayStation VR2 headset output after pre-orders disappoint
The company halved its forecast for shipments of the PSVR2, which is set for a Feb. 22 release, this quarter to about a million units.
Freed anti-whaling campaigner Paul Watson arrives in France
U.S.-Canadian anti-whaling environmental activist Paul Watson, who was released from prison in Greenland's capital Nuuk after five months in detention, arrives with Lamya Essemlali, president of Sea Shepherd France, at Charles de Gaulle Airport in Roissy-en-France, near Paris, on Friday.
Nippon Steel alleges undue White House influence on doomed deal review
U.S. President Joe Biden delivers remarks on the economy at the Brookings Institution in Washington on Dec. 10.
Record 78% of people in Japan feel anxious, government survey finds
The public opinion survey on people's lives, conducted by the Cabinet Office, found that 28.1% of respondents think that their standard of living is at a lower-middle level among the general public — the highest percentage to give that response in 35 years.
Police raided suspect's home to arrest him after fatal Kitakyushu stabbing
Broken window glass is seen at Masanori Hirabaru's house in Kitakyushu's Kokuraminami Ward.
Taiwan lawmakers brawl over bills that would 'damage democracy'
Lawmakers from the Democratic Progressive Party and opposition party Kuomintang brawl in parliament in Taipei on Friday.
Casual workouts, cool living, ‘complete’ food: Japan’s health trends of 2024
In 2024, efficiency trumped effort among Japan's fitness-focused aspirants.
The mighty Mekong River's growing plastic problem
A group of elephant keepers in Chiang Saen, Thailand, remove plastic waste from the Ruak River, a tributary of the Mekong River, as a pair of Asian elephants bathe behind them.
Japanese officials inspect Yokota Air Base over PFAS concerns
The Yokota Air Base in western Tokyo in September 2019. An inspection of the base by Japanese government officials on Friday came amid public pressure to investigate suspected links between the use of PFAS-containing firefighting foam by the U.S. base and contamination of soil and groundwater in western Tokyo.
Crime numbers rise in Japan for second straight year
A police officer stands in front of the residence of a man alleged to have stabbed two junior high school students in Kitakyushu.
A year of Oscar wins and a quiet push for diversity
Ryusuke Hamaguchi’s “Evil Does Not Exist,” released in Japanese theaters in April, sharply dramatizes the clash between rural and urban values. The film won five awards at the 2023 Venice Film Festival, including the second-place Silver Lion prize.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition
By Alex K.T. Martin

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