Overview

• Sony lifted its full-year operating profit forecast by 4% to 1.33 trillion yen after revising expected U.S. tariff costs down to 70 billion yen
• April–June operating profit reached 340 billion yen, topping the 288 billion yen consensus forecast
• Sales in the Game & Network Services division rose 8% to 937 billion yen and operating income more than doubled to 148 billion yen on higher network services and third-party software revenue
• Sony shipped 2.5 million PS5 consoles in Q1 to push lifetime shipments to 80.3 million and saw PlayStation Network monthly active users and total gameplay hours both rise 6% year-on-year
• Operating income at Sony Pictures jumped 76% to 18.7 billion yen on stronger TV production deliveries, and Sony plans a partial spin-off of its financial services arm with a Tokyo listing on September 29