Sony hikes forecasts on strong music business | The Malaysian Insight

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Sony hikes forecasts on strong music business

Sony Group upgrades its overall sales forecast to ¥12.2 trillion from ¥11.5 trillion. – EPA pic, August 9, 2023.

SONY Group today upgraded its annual sales and net profit forecasts, driven by strength in its music business and favourable foreign exchange rates. The Japanese electronics-to-entertainment conglomerate said its annual net profit for the year to March 2024 should reach ¥860 billion , up from a previous estimate of ¥840 billion.

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