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Sony Group

Sony Quarterly Profit Jumps 32%; Company Raises Full-Year Forecast

August 20, 2026 by Ted Leave a Comment

Sony graphic showing business divisions

In an overall challenging global economy, Sony Group recently released financial results for the first quarter of fiscal 2026. The company reported a solid 8% or ¥216.2 billion of revenue growth for a total revenue in the quarter of ¥2.83 trillion. Even more impressive, the company reported that net income grew 32%. While operations did improve, the lion’s share of these overall gains was due to a favorable foreign exchange rates and the return of tariffs after the Supreme Court struck down the Trump administration’s “reciprocal tariffs” program as illegal.

Still, Sony Group had a lot of positives to talk about.

Read more on Sony Group’s fiscal 2026/Q1 results…

[Read more…] about Sony Quarterly Profit Jumps 32%; Company Raises Full-Year Forecast

Filed Under: Feature, Financial, Management, Manufacturers Tagged With: Lin Tao, Sony Group

Gettin’ Tough Out There – Sony Cuts Net Profit Outlook for Current Fiscal Year

August 2, 2022 by Ted Leave a Comment

Sony PlayStation 5 games

Late last week, Sony Group announced that they were cutting their net profit forecast for the current fiscal year, fiscal 2022 which ends March 2023. Why are they trimming their profit expectations? It appears that Sony is experiencing its version of a post-COVID Peloton/Netflix sales decline as video game sales are weakening and its costs related to a recent acquisition are rising.

See more on the declining profit forecast at Sony

[Read more…] about Gettin’ Tough Out There – Sony Cuts Net Profit Outlook for Current Fiscal Year

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: forecast, PlayStation, profits, Sony Group

Long the Star of the Company, Sony Elects to Shift to a Supporting Role

September 9, 2020 by Ted 2 Comments

Sony ZV-1 Vlogcam

According to a new report out of Japan last week, analysts say that Sony’s business is shifting towards more services and events – and away from the electronics business, the division that built the company. For decades, the brand Sony was practically synonymous with electronics…but that identity may be shifting as growth in other company divisions surpass electronics.

See more on Sony’s shifting categories…

[Read more…] about Long the Star of the Company, Sony Elects to Shift to a Supporting Role

Filed Under: Brands, Management, Manufacturers, News, Strategy Tagged With: Sony Corp., Sony Electronics, Sony Group, streaming, Walkman

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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