6 days ago
- Business
- Wall Street Journal
Sony Profit Jumps, Raises Guidance on Smaller Tariff Hit
Sony 6758 6.66%increase; green up pointing triangle Group reported a rise in first-quarter net profit, driven by stronger earnings from its game business, and raised its annual profit forecast due partly to a smaller U.S. tariff impact.
The Japanese electronics and entertainment company said Thursday that net profit climbed 23% from a year earlier to 259.03 billion yen, equivalent to $1.76 billion, for the three months ended June.
