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Why Is Sony Stock Gaining Wednesday? - Sony Group (NYSE:SONY)

Summary by Benzinga
Sony announced a lower-priced version of the PS5 in Japan, aiming to boost sales and compete with Nintendo. Stock up 41% this year.

6 Articles

It looks like Sony is imitating Nintendo once again. The company has us used to releasing some of the best Nintendo Switch games and now also Nintendo Switch 2, but now we have different news. You know that Switch and Switch 2 have constantly dominated the hardware market in Japan. Sony’s PS5 still has difficulty making a hole in the region, and Xbox has little presence. Still, the PS5 has exceeded 7 million units sold among its base versions, D…

Sony is launching a new, lower-priced version of the PlayStation 5 Digital Edition in Japan, designed exclusively for the domestic market. The "Japanese-language only" model costs 55,000 yen and will go on sale on November 21st. The console only works with PlayStation accounts with the region set to Japan and the system language set to Japanese—making it an intentionally locked-down version intended for the home market.

Sony only sells a discounted Playstation 5 on the Japanese market – and makes arrangements that you can't use it anywhere else.

·Germany
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Benzinga broke the news in New York, United States on Wednesday, November 12, 2025.
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