Sony raises FY2027 forecast as Game & Network Services profit rises 83%

Sony Group announced its cumulative second-quarter consolidated results for the fiscal year ending March 2027 and raised its full-year forecast, according to gamebiz.jp. Sales for the cumulative period came to 6,267.217 billion yen, with operating profit of 1,098.828 billion yen, pre-tax profit of 1,100.645 billion yen and net profit of 791.764 billion yen.

The group now forecasts full-year sales of 13 trillion yen and operating profit of 1.87 trillion yen for the fiscal year ending March 2027.

In the Game & Network Services segment, cumulative sales were 2,145.583 billion yen and operating profit 422.074 billion yen. For the July-September quarter alone, segment sales rose 9% to 1,208.5 billion yen, while operating profit rose 83.0% to 220.1 billion yen.

For the segment's full year, Sony raised its sales forecast by 290 billion yen to 4,830 billion yen and its operating profit forecast by 40 billion yen to 700 billion yen. The Pictures segment full-year sales forecast was raised by 100 billion yen to 1,760 billion yen. Sony also raised the Imaging & Sensing Solutions full-year operating profit forecast by 30 billion yen to 450 billion yen.

Prior-year charges and currency

In the prior-year same period, Sony recorded a 31.5 billion yen impairment loss on some Bungie intangible assets and an 18.3 billion yen cost from revising previously capitalized development expenses. The Demon Slayer: Kimetsu no Yaiba Infinity Castle film, released in that period, contributed to results then, while Spider-Man: Brand New Day is cited as driving theatrical revenue this time.

The average exchange rate in the July-September quarter was 159.3 yen per dollar and 183.4 yen per euro, versus 147.4 yen and 172.2 yen a year earlier. For the fiscal year ended March 2026, Sony reported sales of 12,479.62 billion yen and operating profit of 1,447.507 billion yen.