Sony's (TYO:6758) net income attributable to owners of the parent dropped 3.4% to 1.031 trillion yen for the fiscal year 2025 from 1.067 trillion yen a year earlier.
The consumer electronics and entertainment giant's earnings per share declined to 171.44 yen from 175.71 yen a year ago, according to a Tokyo bourse filing on Friday.
Sales rose 3.7% to 12.48 trillion yen for the year ended March 31 from 12.035 trillion yen in the prior year.
It declared a final dividend of 12.50 yen per share, payable from June 1.
In a separate disclosure, Sony said it recorded a 100 billion yen loss on the valuation of its shares in affiliate Sony Honda Mobility (SHM) and a 25.2 billion yen provision for loss on SHM's business as extraordinary losses, following SHM's decision to discontinue its electric vehicle models.
However, Sony notes these losses will be eliminated in its consolidated financial results, though it did recognize an additional 44.9 billion yen equity-method loss from SHM on a consolidated basis.
For the fiscal year 2026, the company expects attributable net income of 1.16 trillion yen, and sales of 12.3 trillion yen.
Sony plans to pay interim and year-end dividends of 17.50 yen per share, each, for the year, which is higher than the amount paid in the year-ago period.