(Update 2) Sony Group Projects 12.9 Pct Drop in FY 2025 Net Profit
Tokyo, May 14 (Jiji Press)--Sony Group Corp. said Wednesday that its consolidated net profit in the fiscal year through next March is expected to decline 12.9 pct from the preceding year to 930 billion yen.
The Japanese electronics and entertainment giant projects its group sales will fall by 2.9 pct to 11.7 trillion yen, while its operating profit is forecast at 1.28 trillion yen, up a meager 0.3 pct. The estimates for the current year are compared with Sony's fiscal 2024 earnings excluding the financial business, as the company plans to spin off subsidiary Sony Financial Group Inc. in October.
(2025/05/14-17:33)
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