Sony said the business would draw support, however, from its upcoming game slate and as it addresses supply chain snags that have disrupted production of its hit PlayStation 5 console.
Operating profit at Sony's key gaming unit fell 37% in the April to June quarter from a year ago, which Chief Financial Officer Hiroki Totoki blamed on a lack of top titles and the return of normalcy to people's lives amid the COVID-19 pandemic. Its group-wide operating profit forecast for the year to next March was cut by 4% to 1.11 trillion yen .
"With recovery from the impact of the lockdown in Shanghai and improvement in component supply we are working to bring forward supply for the year-end holiday season," Totoki told a news briefing.