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Fate/Grand Order helps push Sony Music revenues to $1.98 billion

Fate/Grand Order helps push Sony Music revenues to $1.98 billion

Sony has released its financials for its Q3 FY17 for the three months ending December 31st 2017.

The company posted revenues of $23.6 billion for the quarter, up 11.5% year-on-year. Profits also grew by a staggering 1,407% to $2.6 billion.

Sony's Music segment, which includes its game Fate/Grand Order, saw revenues of $1.98 billion for the quarter, up 22% year-on-year. Income for the segment grew 40.4% to $356.5 million for the quarter.

Quiet on mobile

Sony did not say much about Fate/Grand Order, except that it "continued to make a significant contribution to financial performance". SuperData Research estimates that the game generated $982 million in 2017 alone.

There was no mention of Sony's mobile studio ForwardWorks in its financials. The developer is currently gearing up for the launch of its third game using the No Heroes Allowed! franchise.

Along with its financials, Sony announced that CEO Kaz Hirai will be stepping down from his role in April 2018. He will be replaced by current CFO Kenichiro Yoshida.


Editor

Ric is the Editor of PocketGamer.biz, having started out as a Staff Writer on the site back in 2015. He received an honourable mention in both the MCV and Develop 30 Under 30 lists in 2016 and refuses to let anyone forget about it.

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