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U.S. President Donald Trump's tariffs are cleaving Japan Inc, as some big exporters like Toyota Motor slash their profit forecasts while Sony and Honda are among those saying the impact will be less than they had feared.
Sony Pictures saw a 76% jump in operating profit for the June quarter to $129 million on revenue that grew 4% to $2.3 billion as the studio said more series deliveries in the Television Productions offset a softer theatrical release slate year-on-year for the Japanese giant's fiscal first quarter.
Sony raised its full-year operating profit forecast on Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing a diminished impact from U.S. President Donald Trump's trade war.
SONY's diverse entertainment push, PS5 growth and music strategy set the stage for Q1 fiscal 2025 earnings.
Engadget's TMA, with Mat Smith, makes sure you're up to speed on what's happening in the world of technology.
The following press release corrects information previously announced by AR Alliance on July 31, 2025. PISCATAWAY, N.J.
In the latest trading session, Sony (SONY) closed at $24.88, marking a -1.97% move from the previous day.
EXCLUSIVE: Sony Pictures Entertainment has hired two key strategy executives to round out the team reporting to Jay Levine, Chief Strategy Officer & Business Operations.
Sony Group is exploring a sale of its unit that provides cellular chipsets for connected devices, as the group shifts its focus to the entertainment segment, according to three people familiar with the matter.
Sony (SONY) closed at $23.92 in the latest trading session, marking a -2.01% move from the prior day.