Sony Group Corp. has revised its revenue forecast upwards due to strong music sales and continued growth in PlayStation games.
This impressive performance demonstrates the success of Sony's strategies in both its music and gaming divisions.
The company now expects to achieve net revenue of ¥12.71 trillion ($83.2 billion) for the fiscal year ending in March, which is slightly higher than its previous projection.
In the September quarter, Sony reported an operating profit of ¥455.08 billion, a significant increase of 73% and surpassing the average analyst estimate of ¥335.3 billion.
For the fiscal year ending in March, Sony expects to achieve net revenue of ¥12.71 trillion ($83.2 billion), which is slightly higher than its previous projection.
This positive outlook is driven by strong music sales and continued growth in PlayStation games.