Sony Raises Profit Forecast by 8% Thanks to Tariff Relief and Anime Surge

Sony Raises Profit Forecast by 8% Thanks to Tariff Relief and Anime Surge

â€ĒBy ADMIN
Related Stocks:SONY
Tokyo-based media-to-tech giant Sony Corporation has hiked its operating profit forecast for the fiscal year ending Marchâ€Ŋ2026 by 8â€Ŋ% to ÂĨ1.43â€Ŋtrillion (about USâ€Ŋ$9.5â€Ŋbillion), bolstered by a smaller‑than‑expected hit from U.S. tariffs and strong performance in its entertainment and semiconductor arms. In the July–September quarter, Sony’s operating profit climbed 10â€Ŋ% to ÂĨ429â€Ŋbillion as its music segment (which includes anime) and chip‑business 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. Sony’s projected tariff‑related burden for the year shrank to ÂĨ50â€Ŋbillion from an earlier estimate of ÂĨ70â€Ŋbillion — a shift that helped uplift sentiment. Meanwhile, the company plans to repurchase up to 35â€Ŋmillion shares (roughly ÂĨ100â€Ŋbillion) as investor confidence strengthens and its shares rose around 6â€Ŋ% on the news. #Sony #BusinessGrowth #AnimeBoom #TariffRelief #SlimScan #GrowthStocks #CANSLIM

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Sony Raises Profit Forecast by 8% Thanks to Tariff Relief and Anime Surge | SlimScan