Sony hikes profit outlook on strong gaming earnings
The company cited a 32.1% jump in quarterly net profit and higher game releases as it lifted full-year revenue and income forecasts.
- On Friday, July 31, 2026, Sony Group raised its annual operating profit forecast to 1.72 trillion yen , surpassing average analyst estimates amid strong PlayStation sales and currency tailwinds.
- Favorable foreign currency effects and U.S. tariff refunds drove the upward revision, as the yen recently hit a 40-year low against the dollar, offsetting hardware sales declines.
- June-Quarter operating profit surged 40% to 476.5 billion yen, while PlayStation Network reached a record 125 million monthly active users in June, both exceeding expectations.
- Ramping up investment into the PS6 has weighed on recent profits, though upcoming releases including "Grand Theft Auto VI" and "Marvel's Wolverine" are expected to sustain momentum.
- Projections for the year to March 31, 2027 indicate group revenues of 12.5 trillion yen, a 200-billion-yen increase from the previous May forecast of 12.3 trillion.
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16 Articles
Sony raises guidance as Q1 profit beats forecast on strong gaming business
Sony hiked its full-year earnings forecast on Friday, as strong performance at its gaming business helped the Japanese conglomerate deliver a better-than-expected jump of 40% in first-quarter profit.
In the first fiscal quarter Sony achieved a profit of 1.85 billion euros. Sales revenue grew 8.2% and 1.6 million PlayStation 5 consoles were sold.
Sony hikes profit outlook on strong gaming earnings
For the year to next March, the PlayStation maker expects net income of 1.21 trillion yen ($7.5 billion), up from 1.16 trillion yen projected before. Overall, Sony projected group revenues in the year to March 31, 2027 of 12.5 trillion yen, up from the previous forecast of 12.3 trillion issued in May. Sony said that it is also benefiting from favourable foreign currency effects -- the yen has been trading around a 40-year low against the dollar …
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