Particle.news
Download on the App Store

Sony Lifts Annual Profit Outlook After Earnings Beat, Unveils ¥100 Billion Buyback

Momentum in digital gaming, music, sensors prompted the upgrade.

Overview

  • Sony posted second-quarter revenue of ¥3.108 trillion and operating profit of ¥429 billion, both above LSEG SmartEstimates.
  • The company raised full-year guidance to ¥1.4 trillion in operating profit, ¥1.05 trillion in net profit, and ¥12 trillion in sales.
  • Sony authorized a share buyback of up to ¥100 billion.
  • Game & Network Services led revenue with ¥1.113 trillion in sales, up 3.9% year over year, while Music grew over 20% and Imaging & Sensing Solutions rose about 14.8%.
  • Management credited the global success of the latest Demon Slayer film and reduced its expected U.S. tariff impact to about ¥50 billion.