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.
16 Articles
16 Articles
Japan's Sony reports surge in profit
TOKYO — Profit at Sony surged 34 percent in the last quarter on strong sales of its video games, music, and movies, the Japanese electronics and entertainment company said Tuesday. Tokyo-based Sony Corp.’s quarterly profit totaled 189 billion yen ($1.2 billion), up from 141 billion yen the year before. Quarterly sales for the maker of
Japan's Sony reports surge in profit on strong sales of movies, games and music
TOKYO (AP) — Profit at Sony surged 34% in the last quarter on strong sales of its video games, music and movies, the Japanese electronics and entertainment company said Tuesday. Tokyo-based Sony Corp.’s quarterly profit totaled 189 billion yen ($1.2 billion), up from 141 billion yen the year before. Quarterly sales for the maker of the PlayStation game machines rose 14% to 3.48 trillion yen ($22 billion). For the fiscal year through March, Sony …
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