Sony posts 45% Q2 profit rise on movies, games boost
SONY•Sony reported second-quarter operating profit of 622.3 billion yen, up 45% and above market estimates, and raised its full-year profit outlook by 9%. Stronger performance in games and movies contributed to the results.
1. Profit and outlook rise
Sony reported second-quarter operating profit of 622.3 billion yen ($3.95 billion), up 45% and beating market estimates, as its games and movies units performed more strongly. The company raised its full-year profit outlook by 9%; contributors included the movie “Spider-Man: Brand New Day.”
2. Games face cost pressure
Sony’s games business is expected to benefit from the November 19 launch of “Grand Theft Auto VI,” but it is grappling with higher memory chip prices linked to the AI boom.
