CosmicTaco

Sony Boosts Profit Forecast Amid Gaming Surge

CosmicTaco · 2025-02-15T10:36:18.114076+05:30

- Sony raised its operating profit forecast for the year ending in March by 2% to ¥1.34 trillion, driven by strong gaming business performance. - Quarterly profit at Sony's games unit grew 37%, with 9.5 million PlayStation 5 units sold, and higher revenues from streaming services boosted the music unit's profitability. - President Hiroki Totoki, set to become CEO in April, is strengthening his grip on the company, with anticipated game releases like Grand Theft Auto VI expected to support future growth. Source: [Channel Newsasia](https://www.channelnewsasia.com/business/sony-raises-profit-forecast-stronger-games-performance-4935566), [Channel Newsasia](https://www.channelnewsasia.com/business/sony-lifts-profit-forecast-games-business-shines-4935566)

Sony raised its operating profit forecast for the year ending in March by 2% to ¥1.34 trillion, driven by strong gaming business performance.
Quarterly profit at Sony's games unit grew 37%, with 9.5 million PlayStation 5 units sold, and higher revenues from streaming services boosted the music unit's profitability.
President Hiroki Totoki, set to become CEO in April, is strengthening his grip on the company, with anticipated game releases like Grand Theft Auto VI expected to support future growth.

Source: Channel Newsasia, Channel Newsasia