Sony Returns to Modest Profits
By wchung | 07 Jun, 2026
Sony Corp. says it returned to black in the July-September quarter on better sales of its PlayStation gaming consoles and personal computers.
The Tokyo-based electronics and entertainment company on Thursday reported a profit of 31.1 billion yen ($375 million) for the quarter. It was a big rebound from the 26.3 billion yen loss it posted during the same period last year.
Revenues climbed 4.3 percent to 1.73 trillion yen. Operating profit came to 68.7 billion yen compared with an operating loss of 32.6 last year.
Sony revised its forecasts for the full fiscal year through March 31. It now expects net profit of 70 billion yen, 17 percent more than its previous forecast of 60 billion yen. It lowered its sales outlook slightly to 7.4 trillion yen.
TOKYO (AP)
Recent Articles
- NASA Moon Astronauts to Wear Prada Underwear
- China Dominates Low-Carbon Industrial Projects with US Lagging Badly
- The 10 Most Spectacularly Credible UFO Sightings of the Past 12 Months
- OpenAI Plans ChatGPT 'Superapp' Overhaul Ahead of IPO
- Your Answers to These 7 Questions Will Reveal Whether You're Sane or a Closet Lunatic
- US Oil Companies Profit from Strait of Hormuz Closure Says Russian Oil CEO
- Trump Faces New Republican Resistance in Congress as Midterms Approach
- What Japan Gets Right About Everyday Life
- SpaceX IPO Already Two Times Oversubscribed
- SpaceX Signs Google As AI Compute Client After Landing Anthropic