Sony Files Second $565 Million Impairment Against Bungie – WGB

Sony has launched their newest monetary report protecting This fall 2025, containing a number of juicy numbers for all of us to pore over. However it additionally accommodates a shock, though arguably not a shock to all those that thought Sony purchased Bungie for a lot too excessive a worth.

The report mentions that Sony has now filed for a second impairment towards Bungie, mainly saying Sony has formally decreased Bungie’s estimated worth on its books.

This impairment is for  88.6 billion yen, which is roughly $565 million at present going charges. Sony has not given an actual motive for the impairment, however actually, it may solely doubtless be due to Future 2’s continued decline and Marathon’s current launch not assembly expectations.

That’s on top of the prior impairment in Q2 of 2025, which Sony stated was 31.5 billion yen (approx. $204.2 million) and was particularly acknowledged to due to Future 2 underperforming.

In easy phrases, Sony has decreased Bungie’s on-paper worth by an estimated $765 million since buying the studio for $3.6 billion again in 2022.

Impairments are usually not uncommon within the monetary world, however a second one does increase the ‘ol eyebrows a bit. It means Sony doubtless anticipated much more from Marathon.