Sony hikes net profit forecasts as weak yen boosts gaming

Updated 16 hours ago · Published on 2 Feb 2023 6:50PM · Sony’s revision of its net profit forecasts by ¥30 billion is attributed to strong sales in Japan’s gaming, music and imaging-and-sensors sectors in the third quarter. – AFP pic, February 2, 2023. SONY upgraded its annual net profit forecasts today, saying it expects

Gaming




Updated 16 hours ago ·
Published on 2 Feb 2023 6:50PM ·





Sony’s revision of its net profit forecasts by ¥30 billion is attributed to strong sales in Japan’s gaming, music and imaging-and-sensors sectors in the third quarter. – AFP pic, February 2, 2023.

SONY upgraded its annual net profit forecasts today, saying it expects strong results in its key gaming sector as the weak yen inflates profits on products sold abroad.

The Japanese electronics and entertainment giant said net profit in the April-December period jumped 5% year-on-year to ¥809 billion (RM26.62 billion).


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