Sony Returns to Modest Profits
By wchung | 20 Jun, 2026
Sony Corp. says it returned to black in the July-September quarter on better sales of its PlayStation gaming consoles and personal computers.
The Tokyo-based electronics and entertainment company on Thursday reported a profit of 31.1 billion yen ($375 million) for the quarter. It was a big rebound from the 26.3 billion yen loss it posted during the same period last year.
Revenues climbed 4.3 percent to 1.73 trillion yen. Operating profit came to 68.7 billion yen compared with an operating loss of 32.6 last year.
Sony revised its forecasts for the full fiscal year through March 31. It now expects net profit of 70 billion yen, 17 percent more than its previous forecast of 60 billion yen. It lowered its sales outlook slightly to 7.4 trillion yen.
TOKYO (AP)
Recent Articles
- Italy's Meloni Tells Trump to Focus on His Own Popularity as Row Continues
- Trump Unveils Gifted Qatari 747 As Addition to Air Force One Fleet
- A Warm World Cup Welcome Endears the US to Fans
- China's May Refined Oil Exports Rose from April, Australia Received Agreed Volume
- New Bangladesh Premier to Seek Investments, Jobs in China, Malaysia
- Charles Schwab Working with Cboe to Enter Prediction Market
- Mexico's Love Affair with All Things Korean — Until Thursday's Kickoff
- The Making of a Striking Tiger
- Japan's World Cup Prospects Brighter Than Their Single Group Point Might Suggest
- International Stars in the Red Devils' Lineup Suggests a Deep World Cup Run for S. Korea
