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Published 1 month ago

Japan’s Sony reports surge in profit on strong sales of movies, games and music

  • Sony's profits are expected to decrease due to declining PlayStation 5 sales, further impacting by not addressing a rumored Paramount bid.
  • Significant sales increases were seen in Sony's game and music sectors.
  • Despite a 3.5% decrease in annual earnings, Sony exceeded profit forecasts with 970.6 billion yen for 2023-24.
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