
Sony Raises Profit Forecast by 8% Thanks to Tariff Relief and Anime Surge
âĒBy ADMIN
Related Stocks:SONY
Tokyo-based media-to-tech giant Sony Corporation has hiked its operating profit forecast for the fiscal year ending MarchâŊ2026 by 8âŊ% to ÂĨ1.43âŊtrillion (about USâŊ$9.5âŊbillion), bolstered by a smallerâthanâexpected hit from U.S. tariffs and strong performance in its entertainment and semiconductor arms.
In the JulyâSeptember quarter, Sonyâs operating profit climbed 10âŊ% to ÂĨ429âŊbillion as its music segment (which includes anime) and chipâbusiness saw higher sales. Notably, the success of the animated film Demon Slayer: Kimetsu no Yaiba Infinity Castle was cited as a key contributor in the entertainment space.
Sonyâs projected tariffârelated burden for the year shrank to ÂĨ50âŊbillion from an earlier estimate of ÂĨ70âŊbillion â a shift that helped uplift sentiment. Meanwhile, the company plans to repurchase up to 35âŊmillion shares (roughly ÂĨ100âŊbillion) as investor confidence strengthens and its shares rose around 6âŊ% on the news.
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