Tokyo – The Japanese technology and entertainment company Sony recorded a 18% increase in profits for the fiscal year to March of healthy results in its musical operations and video games.
Sony Corp., based in Tokyo, said on Wednesday that his annual gain totaled 1.14 billion yen ($ 7.8 billion), compared to 970.6 billion yen in the previous fiscal year.
Annual sales practically did not change, going down to 12,957 billion yen ($ 88 billion) of 13,020 billion yen.
An area that was delayed between Sony’s expanding businesses was the financial segment, where income stagnated. But its film division and its segment of images and sensor solutions did well.
Among the films that were positively at the box office for the fiscal year until March were “Venom: The Last Dance”, with the Marvel Comics superhero, and “Bad Boys: Ride or Die”, an action comedy, in which Will Smith and Martin Lawrence return in their popular roles, the fourth installment of the series.
Sony, which makes the PlayStation console and game software play in that machine, also marked healthy results in the games business.
Their musical operations, which also maintained, include recordings, transmission services and games for games. The best -selling musical projects for the last fiscal year worldwide were “SOS Deluxe: Lana” de SZA, followed by Beyonce, Future AND Boomin Metro and Travis Scott.
For Japan’s music business, the best seller was the album “Lost Corner” by Kenshi Yonezu, followed by Stray Kids and Six tones offers.
For the quarter of January-March, Sony registered a gain of 197.7 billion yen ($ 1.3 billion), 5% more than 189 billion yen in the same quarter in the previous fiscal year. Sales were 2.6 billion yen ($ 17.7 billion), 24% less than 3.48 billion yen.
Sony is predicting a drop of almost 13% in profits for the fiscal year until March 2026, 930 billion yen ($ 6.3 billion), in sales of 11.7 billion yen ($ 80 billion), 2.9% less a year.
Sony officials are briefly ready for reporters about the company’s latest strategy for growth later in the day. Sony’s actions lost 3% in Tokyo’s morning trade.
