Sony lifts profit forecast as games business shines

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TOKYO: Sony on Thursday (Feb 13) raised its operating profit forecast for the year ending in March by 2 per cent to ¥1.34 trillion (US$8.70 billion) as it reported strong growth at its key gaming unit.

The conglomerate agreed to invest in media powerhouse Kadokawa last year as it expands in entertainment.

Anticipated upcoming games include Grand Theft Auto VI, which Take-Two Interactive Software last week reiterated would launch this autumn.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Million Profit Unit Sony Cent Quarter Network Business Year Games Totoki

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 14:43:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26115441

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