Sony Group Corp at Bank of America Media, Communications and Entertainment Conference Transcript

Feb 11, 2024

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Sep 08, 2022 / 05:30PM GMT
Jessica Jean Reif Ehrlich Cohen - BofA Securities, Research Division - MD in Equity Research

Welcome back, everybody. We're thrilled to have Tony Vinciquerra here yet again. It's great to have you back. He's the Chairman and CEO of Sony Pictures Entertainment. Great to see you in person.

Anthony J. Vinciquerra - Sony Pictures Entertainment Inc. - Chairman & CEO

I know. It's been a long time.

Questions and Answers:

Jessica Jean Reif Ehrlich Cohen - BofA Securities, Research Division - MD in Equity Research

So Sony Pictures reported extremely strong fiscal Q1 '23 results with operating profit up 70%. And that followed a 75% increase during Sony's Fiscal '22. Can you talk about the dynamics that is driving these incredibly strong results?

Anthony J. Vinciquerra - Sony Pictures Entertainment Inc. - Chairman & CEO

Well, there's a lot of dynamics driving it, the first of which is we've had a series of years that each year has been better than the last. We had a CAGR

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