Sony forecasts 11 percent rise in annual operating profit
Sony expects annual profit to rise 11 percent to 1.6 trillion yen despite lower gaming sales. The firm reported a 13.4 percent profit increase for the past year.
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SONY GROUP CORP expects annual operating profit to rise 11% to 1.6 trillion yen ($10.20 billion) by March 2027. This forecast follows a 13.4% profit increase to 1.45 trillion yen in the fiscal year just ended. Investors are weighing gaming margin growth against supply chain risks from Iran and rising chip costs.
