Sony Pictures Entertainment announced its full year results in Tokyo on Friday. The film and TV unit of the giant Sony Corp. revealed that operating income for the fiscal year ended March 31 2026 fell 11 percent to $687 million from $763 million in dollar terms, compared to the year ago period. Sales for the FY were essentially flat at $9.92 billion from $9.90 billion.

The drop in operating income owed to SPE shutting down visual effects and virtual production firm Pixomondo. In March, the company revealed that it was shuttering Pixomondo to focus on Sony Pictures Imageworks, headquartered in Vancouver, shifting production to more incentive-friendly Canada.

SPE’s FY profit without the Pixomondo impairment charge actually increased 11 percent to $858 million.

In the fiscal fourth quarter, SPE saw income increase over the previous quarter, rising 36 percent to $268 million from $197 million. Revenue for Q4 increased 31 percent to $3.01 billion from $2.30 billion from Q3.

SPE comprises the motion pictures division, television productions and media networks.

The motion pictures unit (which comprises sales from theatrical, home entertainment and streaming sales) saw FY2025 revenue decline 18 percent to $3.28 billion from $4.01 billion. SPE released 17 movies in the period, including Until Dawn, Karate Kid: Legends, Bring Her Back, Materialists, 28 Years Later, I Know What You Did Last Summer, Caught Stealing, Demon Slayer: Kimetsu no Yaiba Infinity Castle, A Big Bold Beautiful Journey, Soul On Fire, Chainsaw Man – The Movie: Reze Arc, Nuremberg, Sisu: Road to Revenge, Anaconda, 28 Years Later: The Bone Temple, Clika and GOAT.

Top performers in the period were Demon Slayer: Kimetsu no Yaiba Infinity Castle ($354 million), GOAT ($183 million), 28 Years Later ($151 million) and Chainsaw Man – The Movie: Reze Arc ($118 million).

Three of the top four movie performers were animated — Demon Slayer, GOAT and Chainsaw Man — once again reinforcing the strength of the company in that segment and also the rising popularity globally of Japanese anime.

SPE’s TV unit saw FY2025 revenue reach $3.39 billion, up 12 percent from $3.03 billion from the previous fiscal year. SPE’s television productions from the period include Apple TV’s For All Mankind, Netflix’s The Night Agent, Starz’s Outlander, Hulu’s Red Eye and Peacock’s Days of Our Lives.

FY revenue from media networks (that includes TV channels and digital channels) climbed 13 percent to $3,17 billion from $2.81 billion. The company revealed that it ended the fiscal year to March 31 2026 with 38 television channels and 531.7 million total subscribers.