Sony is projecting an 11 percent increase in operating profit for the fiscal year ending March 2027, reaching 1.6 trillion yen, or roughly $10.2 billion. The forecast comes even as the company anticipates lower sales in its core gaming division.
For the fiscal year just ended, operating profit rose 13.4 percent to 1.45 trillion yen, falling short of the LSEG consensus estimate of 1.56 trillion yen.
While Sony has earned recognition for evolving into an entertainment powerhouse, concerns over the impact of artificial intelligence on its business and a perceived lack of new growth drivers have weighed on its stock in recent months.
Investors are also worried about a surge in memory-chip prices and potential supply chain disruptions linked to geopolitical tensions, which could pressure margins at Sony and rival Nintendo, which is also reporting results today.