TOKYO, Nov. 5 (Xinhua) -- Sony Group Corp. on Thursday raised its net profit forecast for the fiscal year ending March 2027 to 1.33 trillion yen (about 8.42 billion U.S. dollars).
For the first half of fiscal 2026, the Japanese entertainment and technology group posted a 38.8 percent year-on-year increase in net profit to 791.76 billion yen, driven by stronger performances in its gaming and movie businesses.
The company now expects its full-year net profit to rise about 10 percent from the previous fiscal year, compared with its earlier forecast of 1.21 trillion yen.
Sony also raised its full-year operating profit forecast to 1.87 trillion yen from 1.72 trillion yen, while its sales forecast was revised up to 13 trillion yen from 12.5 trillion yen.
In the July-September quarter, Sony's net profit rose 44.4 percent year on year to 449.60 billion yen, compared with 311.43 billion yen a year earlier. ■