Sony launches cheaper Japan-only PlayStation 5 console
Region-locked version at 25% discount in move to boost domestic sales
Region-locked version at 25% discount in move to boost domestic sales

Fourth-quarter profit misses expectations amid impairments as $3.2bn stock buyback announced

Download purchasers over past decade could be eligible for compensation if class action succeeds

PlayStation owner wants its standalone ‘first-party studios’ to contribute more to revenue growth and take measured risks

Japanese group has an edge over its peers by owning content, platform and revenue channels

The country is the darling of investors, but that could change

Instead of leaping into a completely new format, the Japanese group chose incremental innovation with its Switch 2 console