Sony's profits gain on 'Demon Slayer,' digital camera demand
ABC News
Sony’s April-June profit rose 9% to 211.8 billion yen, or $1.9 billion, as the Japanese electronics and video game maker continued to benefit from a sales perk from the hit “Demon Slayer” animation film
TOKYO -- Sony’s April-June profit rose 9% to 211.8 billion yen ($1.9 billion) as the Japanese electronics and video game maker continued to benefit from a sales perk from the hit “Demon Slayer” animation film. Healthy results in its music streaming business and robust demand for digital cameras, image sensors and the PlayStation 5 video game console helped Tokyo-based Sony Corp.’s quarterly sales grow 15% to 2.26 trillion yen ($20.7 billion), the company said Wednesday. Sony had posted a 193.6 billion yen quarterly profit the previous year. Sony raised its full year profit forecast to 700 billion yen ($6.4 billion) from an earlier 660 billion yen ($6 billion). The higher projection is still a drop from the 1 trillion yen profit Sony had racked up the previous fiscal year, when its sales jumped as people stuck at home for the coronavirus pandemic turned to video games, including those from Sony.More Related News