Sony’s entertainment business is wrapping up its fiscal year on a high note, according to a full-year earnings report that was released today by the Japanese media conglomerate. 

For the Q4 fiscal period that ended on March 31, Sony Pictures Entertainment (SPE) posted US$2.7 billion in revenue—which encompasses motion pictures, TV productions and media networks. 

While this is more or less flat compared to the same period last year, the division achieved a 70% increase in operating income (roughly US$354 million) due to lower marketing costs in what’s been a fairly quiet theatrical calendar period.

One notable big-screen release this quarter was Paddington in Peru (pictured), which has done US$45 million in US ticket sales since rolling out stateside in February. (Sony distributes this Columbia Pictures feature in the US.) And on the TV front, Sony Pictures Television’s Goosebumps: The Vanishing launched on Disney+ and Hulu in January. 

Looking at a full-year snapshot, SPE experienced a slight 4% dip in operating income. With the absence of its reliably lucrative Spider-Man movies this year, Sony’s biggest theatrical kids film release this fiscal year was The Garfield Movie, which earned US$257 million against a budget of US$60 million.

Meanwhile, the company’s game and network segment grew its operating income by 43% this year to US$2.8 billion. Sony highlighted strong user engagement as a driving factor, with monthly active PlayStation users increasing by 5% year over year.

In its forecast, Sony acknowledged the impact of the tariffs announced by the Trump administration in recent months. “We are responding quickly to the additional US tariffs that have already been implemented, and are considering responses to multiple possible future scenarios,” the report stated. “We currently expect to be able to manage the impact on the profitability to approximately JPY¥100 billion (US$682 million), or less than 10% of the operating income forecast.”