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Business & Finance

Sony's FY2025 Earnings Decoded: Record $9.2B Profit, 93.6M PS5s Sold, TSMC Deal, and Why Disney Should Be Worried

Sony Group's FY2025 results: record $9.2B operating profit on $79.5B in sales — but net income fell 3.4% as the Honda EV joint venture imploded. PS5 cumulative sales hit 93.6M units, the memory crunch forced Sony to throttle PS5 production, and a fresh TSMC deal cements its image-sensor empire. With Crunchyroll, Demon Slayer's $750M global hit, and a $3.2B buyback, this is the IP conglomerate Disney should be watching.

Business & Finance

Sanrio Compensation Scandal: Hello Kitty Maker Sets Up Special Probe Over Hidden Subsidiary Pay

Sanrio, the global owner of Hello Kitty and Kuromi, is investigating whether a managing director who also led its U.S. subsidiary received hundreds of millions of yen in undisclosed compensation over multiple years. A special probe has been launched and the full-year earnings announcement postponed. The case exposes a structural gap in Japan's corporate governance: the parent's compensation committee never had jurisdiction over subsidiary CEO pay.

Business & Finance

Tokyo Disney Operator Hits Record $4.4B Revenue—Yet Its Stock Trades at Half Its Peak. Here's Why

Oriental Land Company, operator of Tokyo Disney Resort, posted record revenue of 704.5 billion yen ($4.4 billion) for fiscal 2026—yet operating profit fell, and the stock has been cut nearly in half since 2023, hitting a fresh year-low days before the earnings release. Here is what is making investors nervous about the 'house of mouse' in Japan, from shrinking margins and demographic headwinds to a 330 billion yen cruise gamble.

Business & Finance

Disney Cruise Line Japan: Oriental Land Launches New Company for 2028 Maiden Voyage from Tokyo

Oriental Land Company, operator of Tokyo Disney Resort, established a subsidiary on April 3 to launch Japan's first Disney cruise in fiscal 2028. A $2.2 billion investment and a new ship based on the Disney Wish, carrying 4,000 passengers out of Tokyo. Plus the 208,000-ton Disney Adventure port call in February, and where Japan's cruise market actually stands.