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Sony Raises Full-Year Outlook After Q2 Beat, Unveils ¥100 Billion Buyback

Strength in music tied to Demon Slayer, alongside sensor demand, helped offset weaker PlayStation earnings.

Overview

  • For the July–September quarter, Sony reported operating income of ¥429 billion on sales of ¥3.11 trillion, with net income up 7% to ¥311.4 billion.
  • Full-year guidance was lifted to ¥12 trillion in revenue and ¥1.43 trillion in operating income, reflecting outperformance in Music and Imaging & Sensing Solutions.
  • Sony authorized up to ¥100 billion in share repurchases, completed the spin-off of Sony Financial Group effective Oct. 1, and cut its estimated U.S. tariff impact to about ¥50 billion after a ¥20 billion reduction.
  • Music revenue rose 21% to ¥542.4 billion with operating income up 28%, as the Demon Slayer: Infinity Castle rollout also drove a more than 70% jump in Visual Media & Platform revenue.
  • Imaging & Sensing Solutions posted a 15% sales gain to ¥614.6 billion and a 50% profit jump to ¥138.3 billion, while Game & Network Services revenue grew 4% to ¥1.11 trillion but operating income fell 13% on Bungie-related impairments and development-cost adjustments.