Nintendo Drops 9% After Weak Earnings and Buyback Announcement msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Sony upgrades annual profit outlook on strong Q1 performance Today 06:00 am JST Today | 07:58 am JST TOKYO
Sony upgraded its full-year profit forecast Wednesday on the back of a strong quarterly performance, although the pandemic boom enjoyed by the gaming sector is slowing.
The Japanese conglomerate said solid earnings in its music and consumer electronics businesses offset a first-quarter operating profit decline in the gaming sector.
A box-office triumph for the anime epic Demon Slayer , distributed by Sony s animation unit Aniplex, also boosted its better-than-expected quarterly results.
Sony Group now predicts a net profit of 700 billion yen ($6.4 billion) for the fiscal year to March 2022, up from its earlier estimate of 660 billion yen.
Sony upgrades profit outlook on strong Q1 performance
By AFP - Aug 04,2021 - Last updated at Aug 04,2021
Sony on Wednesday upgraded its full-year profit forecast on the back of a strong quarterly performance.(AFP file photo)
TOKYO Sony upgraded its full-year profit forecast on Wednesday on the back of a strong quarterly performance, although the pandemic boom enjoyed by the gaming sector is slowing.
The Japanese conglomerate said solid earnings in its music and consumer electronics businesses offset a first-quarter operating profit decline in the gaming sector.
A box-office triumph for the anime epic Demon Slayer , distributed by Sony s animation unit Aniplex, also boosted its better-than-expected quarterly results.
Nintendo to buy back shares after profit misses estimates japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.