Sony has released a new three-year management plan that identifies the company’s strengths, challenges, and key divisions for financial health. The company has stated before that the growth of the gaming division following the success of the PlayStation 4 was crucial, and reiterates that today.
In addition to gaming, Sony is pinning its hopes on professional devices (like image sensors), film, and music. The company states that it plans to grow the PlayStation 4 and PlayStation Network install bases. 19.9 million PlayStation 4 units have been shipped worldwide as of December 31, 2014.
The plan culminates with a return to profit by the year ending March 31, 2018. The company targets consolidated operating profit of ¥500 billion ($4.2 billion) in that year.
Sony has been having a string of fiscal problems, with expected losses this year totaling ¥170 billion ($1.45 billion). This follows last fiscal year, which ended with losses totaling ¥128.4 billion ($1.08 billion).
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