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BREAKING NEWS: Sony posts record net profit of 1.14 tril. yen in FY 2024

  • For the fiscal year ending March 31, 2025, Sony Group Corp. Achieved its highest-ever net profit of 1.14 trillion yen.
  • This profit increase of 17.6% followed strong gaming business performance, despite a 0.5% sales decline mainly due to reduced financial segment revenue.
  • Sony also announced a 250 billion yen share buyback and plans to partially spin off its financial unit, distributing over 80% of common stock shares to Sony shareholders.
  • The company forecasts fiscal 2025 operating profit of 1.28 trillion yen, adjusting for a possible 100 billion yen impact from U.S. Tariffs while considering multiple future scenarios.
  • These results suggest continued strength in Sony’s core gaming segment but also indicate risks from geopolitical trade tensions and expected sales declines in the current fiscal year.
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Kyodo News+ broke the news in Japan on Wednesday, May 14, 2025.
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