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Sony Lifts Full-Year Outlook After Earnings Beat as PS5 Sales Slow

Profit rose on strength in music and game software despite softer hardware demand.

Overview

  • Operating profit rose 22% to 515 billion yen in October–December, beating the 469 billion yen LSEG consensus.
  • Sony lifted its full-year operating income forecast 8% to 1.54 trillion yen, citing strength in its music business.
  • PlayStation 5 shipments were 8 million for the quarter, a 16% decline from a year earlier.
  • Gaming segment profit increased 19% to 140.8 billion yen as higher software sales offset larger hardware losses.
  • Shares gained about 4% after an expanded buyback of up to 150 billion yen through May, even as rising memory-chip costs and AI tools pressure industry margins.