Sony Group lifts FY 2026 net profit outlook on firm demand for game, film

Sony Group Corp. has adjusted its financial projections for the fiscal year ending March 2027, raising its net profit forecast to 1.33 trillion yen ($8.42 billion) from an earlier prediction of 1.21 trillion yen. The company attributes this upgrade to robust performance in its film, gaming, and network service operations. Additionally, Sony has raised its operating profit outlook to 1.87 trillion yen from 1.72 trillion yen, with sales anticipated to reach 13 trillion yen, a significant increase from the previously projected 12.5 trillion yen.

The improvement in operating profit and sales is largely attributed to the popularity of major films such as Spider-Man: Brand New Day and the continued success of Sony's gaming division. In the most recent quarter, the period from July to September, Sony reported a net profit of 449.60 billion yen, up from 311.43 billion yen in the same quarter a year earlier.

Operating profit for the quarter also increased to 622.33 billion yen from 428.97 billion yen, while sales expanded to 3.43 trillion yen from 3.11 trillion yen. For the six months ending September, Sony's net profit surged by 38.8 percent year-over-year to 791.76 billion yen, with operating profit rising by 42.9 percent to 1.10 trillion yen. Sales for the first half of the year climbed by 9.4 percent to 6.27 trillion yen.