Derivative instruments and hedging activities (Tables)

12 Months Ended

Mar. 31, 2026

Derivative Instruments And Hedging Activities [Abstract]

Summary of Outstanding Derivative Instruments

The estimated fair values of Sony’s outstanding derivative instruments are summarized as follows:


	Yen in millions
	March 31, 2025				March 31, 2026
	Asset derivatives		Liability derivatives		Asset derivatives		Liability derivatives
Interest rate contracts
Interest rate swap agreements		65,075		12,674		20,982		-
Interest rate swaptions agreements		358		3,161		-		-

Foreign exchange contracts
Foreign exchange forward contracts		4,173		10,542		4,619		10,238
Swap agreements		5,743		3,117		2,199		3,976
Currency option contracts purchased		782		671		76		-
Currency option contracts written		-		3		-		339
Other currency contracts		4,557		1,445		78		-

Equity contracts
Equity future contracts		910		514		-		-
Equity swap agreements		911		-		-		-
Option contracts		2,346		118,606		-		55,663
Bond contracts
Bond forward contracts written		1,286		3,793		-		-

Total derivatives		86,141		154,526		27,954		70,216

Summary of Estimated Fair Values and Maturity Analysis for Notional Amounts of Sony's Outstanding Derivative Instruments

The estimated fair values and maturity analysis for notional amounts of Sony’s outstanding derivative instruments which are designated as hedging instruments are summarized as follows:


	Yen in millions
	March 31, 2025
	Notional amounts							Fair Value
	Within 1 Year		Over 1 Year			Total		Asset derivatives		Liability derivatives		Presentation in the consolidated statements of financial position
Cash flow hedging relationships
Foreign exchange forward contracts		14,292		-			14,292		178		-		Current assets: Other financial assets
Average rate (JPY/USD)		150.4		-
Currency option bought contracts		43,144		-			43,144		777		-		Current assets: Other financial assets
Average rate (JPY/USD)		145.8		-
Currency option sold contracts		44,365		-			44,365		-		671		Current liabilities: Other financial liabilities
Average rate (JPY/USD)		149.9		-
Interest rate swap agreements		-		179,232			179,232		25,139		-		Non-current assets: Other financial assets
Average rate		-		1.5	%


	Yen in millions
	March 31, 2026
	Notional amounts							Fair Value
	Within 1 Year		Over 1 Year			Total		Asset derivatives		Liability derivatives		Presentation in the consolidated statements of financial position
Cash flow hedging relationships
Foreign exchange forward contracts		2,723		-			2,723		-		134		Current liabilities: Other financial liabilities
Average rate (JPY/USD)		151.3		-
Currency option bought contracts		17,918		-			17,918		76		-		Current assets: Other financial assets
Average rate (JPY/USD)		153.1		-
Currency option sold contracts		18,331		-			18,331		-		339		Current liabilities: Other financial liabilities
Average rate (JPY/USD)		156.7		-
Interest rate swap agreements		-		191,820			191,820		20,982		-		Non-current assets: Other financial assets
Average rate		-		1.5	%


	Yen in millions
	March 31, 2025
	Notional amounts							Fair Value
	Within 1 Year		Over 1 Year			Total		Asset derivatives		Liability derivatives		Presentation in the consolidated statements of financial position
Fair value hedging relationships
Bond futures contracts written		124,401		-			124,401		-		2,509		Current liabilities: Other financial liabilities
Average unit price		119.8		-
Interest rate swap agreements		-		411,204			411,204		15,029		1,567		Non-current assets: Other financial assets / Non-current liabilities: Other financial liabilities
Average rate		-		3.0	%

Summary Of Changes in Fair Value Of Hedging Instruments Related to Cash Flow Hedges Recorded In Accumulated Other Comprehensive Income

Changes in the fair value of hedging instruments related to cash flow hedges recorded in accumulated other comprehensive income for the fiscal years ended March 31, 2025 and 2026 are summarized as follows:


	Yen in millions
	Foreign exchange contracts			Interest rate contracts			Total
Balance as of April 1, 2024		(1,720	)		21,485			19,765

Changes in fair value of hedging instruments recognized in other comprehensive income		(6,238	)		854			(5,384	)
Reclassification adjustments to profit (loss) for the year 12		8,824			(8,391	)		433
Deferred tax		(791	)		1,447			656

Balance as of March 31, 2025		75			15,395			15,470

Changes in fair value of hedging instruments recognized in other comprehensive income		(10,377	)		2,961			(7,416	)
Reclassification adjustments to profit (loss) for the year 12		9,695			(6,866	)		2,829
Deferred tax		331			872			1,203

Balance as of March 31, 2026		(276	)		12,362			12,086

*1	In the consolidated statements of income, the amount reclassified to profit (loss) is included in sales for hedges of foreign exchange contracts and in financial expenses for hedges of interest rate contracts.

*2	For the fiscal years ended March 31, 2025 and 2026, hedge ineffectiveness recognized in profit or loss was not material.

Summary of Fair Value Hedges

The carrying amount of hedged items classified as fair value hedges and the accumulative fair value hedge adjustments during the fiscal year ended March 31, 2025 are as follows:

Yen in millions

March 31, 2025

Carrying amount of hedged
items

Accumulative fair value hedge
adjustments

Presentation in the
consolidated statements of
financial position

Asset

Liability

Asset

Liability

Fixed rate bonds

485,960

(3,330

)

Investments and advances
in the Financial Services
segment

(Non-current)