Skip to content

Discover a different perspective

News

Sony Hikes Profit Forecasts on Strong Gaming, Anime Sales

Sony Hikes Profit Forecasts on Strong Gaming, Anime Sales
Share this article
Text size 14px
Comment

Tokyo — Japanese entertainment and electronics group Sony raised its full-year revenue and profit forecasts on Tuesday, citing robust global demand for its PlayStation gaming division and the runaway success of its latest “Demon Slayer” anime film.

For the fiscal year ending March 2026, Sony now expects net profit of 1.05 trillion yen ($6.8 billion), up 8 percent from its previous outlook. The company also lifted its operating-profit forecast by 8 percent to 1.4 trillion yen, while projecting sales of 12 trillion yen, 3 percent higher than earlier guidance.

Sony said the animated hit “Demon Slayer: Kimetsu no Yaiba, Infinity Castle Part 1” has become Japan’s second-highest-grossing film and topped the box office in the United States and Canada, boosting revenue from its film and TV division.

Higher PlayStation 5 hardware and software sales also helped offset slower growth in consumer electronics. Sony added that the financial impact of U.S. import tariffs would be smaller than expected, around 50 billion yen, down from 70 billion yen forecast in August.

In the first half of the current fiscal year, Sony reported net profit of 570 billion yen, up 13.7 percent year-on-year. The company continues to benefit from resilient gaming demand and a strong entertainment pipeline, following its July agreement with Microsoft to keep “Call of Duty” available on PlayStation platforms after the Activision Blizzard acquisition.

Comments 0

No comments yet. Be the first to share your thoughts.

Leave a comment

Your email is never published. All fields are required.

Related Stories

Continue reading from Gulf Articles

Abu Dhabi Partners With Elon Musk’s Boring Company to Explore Underground Infrastructure

Abu Dhabi Partners With Elon Musk’s Boring Company to Explore Underground Infrastructure

Abu Dhabi has partnered with The Boring Company, the tunnelling and infrastructure technology firm founded by Elon Musk, to explore underground transportation, utility tunnels and other infrastructure solutions across the emirate. The agreement, announced on October 8, 2026, aims to assess how advanced tunnelling technologies could improve connectivity, support urban growth and make more efficient use of available space.