Reported about 5 hours ago
Sony has raised its operating profit forecast for the fiscal year ending in March by 2% to 1.34 trillion yen, driven by robust performance in its gaming division. The company reported a 1% increase in operating profit for the third quarter, largely due to a significant 37% growth in gaming profits, supported by the sale of 9.5 million PlayStation 5 units and increased monthly active users on PlayStation Network. Additionally, Sony's music segment saw profit growth from streaming services, while the company plans a buyback of up to 30 million shares.
Source: YAHOO