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Sony hikes profit forecast on strong gaming business

Japan’s Sony Group on Thursday upgraded its annual net profit projection to $7.0 billion, lifted by its strong gaming business.
AFP

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A member of the media tries out Sony's PlayStation 5 console during the Tokyo Game Show in Chiba City on September 26, 2024
A member of the media tries out Sony's PlayStation 5 console during the Tokyo Game Show in Chiba City on September 26, 2024 - Copyright AFP EVARISTO SA
A member of the media tries out Sony's PlayStation 5 console during the Tokyo Game Show in Chiba City on September 26, 2024 - Copyright AFP EVARISTO SA

Japan’s Sony Group on Thursday upgraded its annual net profit projection to $7.0 billion, lifted by its strong gaming business.

The entertainment and electronics conglomerate said it now expects a net profit of 1.08 trillion yen ($7.0 billion), compared with an earlier projection of 980 billion yen for the business year ending on March 31, 2025.

In this article:Business, Earnings, Japan, Sony
AFP
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With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

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