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[BUSINESS] · Japan · 21 sources

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Sony lifts full-year profit outlook on strong gaming and image‑sensor sales

Sony Group Corp. reported a 40% jump in first‑quarter operating profit to 476.5 billion yen, beating analyst estimates. The surge was driven by the PlayStation gaming division and the Imaging & Sensing Solutions segment, whose operating profit more than doubled. Monthly active PlayStation users reached a record 125 million in June. Sony raised its full‑year operating‑profit forecast by 8% to 1.72 trillion yen and lifted its revenue outlook to about 12.5 trillion yen. The company said memory‑chip prices are expected to stay high next year and noted it has secured chip supply for the current fiscal year. Camera‑lens maker Tamron disclosed that it had received an acquisition proposal from Sony. Sony’s shares were down about 8% year‑to‑date, and the earnings release did not yet include any impact from the recent Kumamoto earthquake.

The results underscore the importance of Sony’s gaming business, which continues to offset slower performance in its film and TV units, and highlight ongoing pressures from memory‑chip pricing and potential AI competition.

Entities

El Pollo Loco Holdings, Inc. · Grand Theft Auto VI · Imaging & Sensing Solutions · Kumamoto · Kumamoto earthquake · PlayStation · Sardar Biglari · Sony Gaming Division · Sony Group Corp · Sony Group Corp. · Sony Group Corporation · Sony Image Sensors Division

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about 2 months ago
about 2 months ago