Sony hikes guidance on strong games, music performance
By
Binu Mathew
Japanese giant Sony on Thursday hiked its full-year net profit forecast thanks to strong performances in its video games and music divisions.
The firm expects net profit of 1.13 trillion yen ($7.2 billion) in the 2025-26 fiscal year, up from its previous projection of 1.05 trillion yen given in November, it said in a statement.
It also increased its revenue forecast to 12.3 trillion yen from 12.0 trillion yen and its operating profit projection to 1.54 trillion yen from 1.43 trillion yen.
