Sony Group Raises Forecast, Riding Strong Music, Chips & PlayStation Momentum

Sony Group Raises Forecast, Riding Strong Music, Chips & PlayStation Momentum

â€ĒBy ADMIN
Related Stocks:SONY
Sony Group Corporation on Tuesday raised its full‑year operating profit forecast for the fiscal year ending Marchâ€Ŋ2026 by 8â€Ŋ% to about ÂĨ1.43â€Ŋtrillion ($9.5â€Ŋbillion), thanks largely to robust performance in its entertainment and semiconductor divisions. In its July‑September quarter, Sony posted operating profit of ÂĨ429â€Ŋbillion, up about 10â€Ŋ% year‑on‑year. The company cited strong music and anime titles—including the hit film Demon Slayer: Kimetsu no Yaiba Infinity Castle—and higher demand for large‑image sensors as key drivers of growth. While the gaming division saw a profit drop due to impairment losses on Destiny 2, the PlayStationâ€Ŋ5 console continued to sell well, with 3.9â€Ŋmillion units shipped during the quarter. Sony also cut its expected tariff‑related cost to ÂĨ50â€Ŋbillion from the earlier estimate of ÂĨ70â€Ŋbillion, reflecting lower‑than‑anticipated impact from U.S. trade policies. On the back of the upbeat results, the company authorized a share‑buyback of up to 35â€Ŋmillion shares (roughly ÂĨ100â€Ŋbillion). Investor sentiment responded: the stock jumped nearly 6â€Ŋ% following the announcement. #SonyEarnings #PlayStation5 #DemonSlayer #SemiconductorBoom #SlimScan #GrowthStocks #CANSLIM

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Sony Group Raises Forecast, Riding Strong Music, Chips & PlayStation Momentum | SlimScan