Sony hints at more acquisitions this coming year

Destiny 2 Season of Defiance Titan hold Perpetualis auto rifle in battleground mission
(Image credit: Bungie)

Sony is increasing acquisition costs this year, paving the way for further acquisitions.

Sony has released its full fiscal year 2022 earnings report, accompanied by a presentation from president Hiroki Totoki. As part of the presentation, Totoki says acquisition-related costs will increase by 20% for the 2023 fiscal year compared to the same year-long period for the 2022 fiscal year.

In short, this means Sony has further acquisitions planned for 2023. Last year, Sony acquired Destiny 2 developer Bungie and new Canadian developer Haven, headed up by former Ubisoft veteran Jade Raymond. We could expect multiple acquisitions from Sony throughout the year, considering their record of acquisitions over the last 12 months.

However, don't take this to automatically be related to gaming acquisitions. President Totoki is speaking on behalf of all of Sony with these new acquisition-related comments, not just PlayStation, meaning Sony could be planning purchases that aren't related to gaming, like smartphones or music-related ones.

Considering PlayStation head Jim Ryan said Sony had further acquisitions planned last year, though, it's a pretty safe bet to say Sony is eyeing purchasing more studios. Since Ryan's comments in April 2022, Sony hasn't made any further acquisition moves, so it could've been waiting until the new fiscal year, with a new budget for acquisitions, to get the ball properly rolling.

If it's new PS5 games you've got your eye on for the coming weeks and months, head over to our upcoming PS5 games guide for more.

Hirun Cryer

Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the industry, practices Japanese, and enjoys contemporary manga and anime.

Read more
Elden Ring
Sony becomes the largest shareholder in Elden Ring and Dark Souls' parent company, despite acquisition chatter
Elden Ring
Staff at FromSoftware parent company reportedly "thrilled" to see Sony in talks to buy them, but one analyst says the sale would be a "bad choice" for the house of Elden Ring
Elden Ring
Dark Souls and Elden Ring owner says Shadow of the Erdtree boosted revenue, and plans to expand its gaming division thanks to investment from Sony
Bloodborne
Sony isn’t ready to wheel out 60fps Bloodborne just yet, but it is prepared to help Dark Souls and Elden Ring dev's parent company pump out 9,000 original IPs by 2027
Ghost of Yotei lead Atsu in straw hat
What to expect from PlayStation in 2025: Classic games, live services, and moving beyond consoles
Persona 5 Royal screenshot
Sega outlines plan to "strengthen" Persona, Yakuza, and Sonic studios, says "Atlus is an important studio for us to expand Japanese IPs overseas"
Latest in Games
Balatro
Balatro creator started "properly playing the game myself about a week before launch" and had "a pretty emotional moment" where he realized it's "actually fun"
Death Stranding 2 Collector's Edition
Hideo Kojima reveals Death Stranding 2: On the Beach release date, and the Collector's Edition includes exactly what I predicted it would
Kingmakers
Kingmakers is a strategy game about taking on medieval armies with a gun, but its devs thought the giant mech was too much
The Witcher 3 lead says "not many games" were trying to match the RPG back in 2015, and that meant "there was a risk" to making it in the first place
The Blood of Dawnwalker
The Witcher 3 dev says his new vampire RPG Blood of Dawnwalker wants to challenge genre conventions, but only if "we're changing them to actually achieve some goal"
A misty, forested mountainside in Prologue: Go Wayback!
PUBG creator's wilderness survival game actually draws inspiration from an unexpected place - a whole raft of zombie games like DayZ, Project Zomboid, and Left 4 Dead
Latest in News
Balatro
Balatro creator started "properly playing the game myself about a week before launch" and had "a pretty emotional moment" where he realized it's "actually fun"
Death Stranding 2 Collector's Edition
Hideo Kojima reveals Death Stranding 2: On the Beach release date, and the Collector's Edition includes exactly what I predicted it would
Kingmakers
Kingmakers is a strategy game about taking on medieval armies with a gun, but its devs thought the giant mech was too much
The Witcher 3 lead says "not many games" were trying to match the RPG back in 2015, and that meant "there was a risk" to making it in the first place
The Blood of Dawnwalker
The Witcher 3 dev says his new vampire RPG Blood of Dawnwalker wants to challenge genre conventions, but only if "we're changing them to actually achieve some goal"
Daredevil recap: The Defenders
Marvel fans are discussing which of the Netflix series characters would have survived the Blip