After decades of economic conservatism and cash hoarding, Japanese corporations are putting reform into practice. Spin-offs are accelerating, capital structures are shifting, and private capital is stepping in to finance transformation.
Sony lifts FY25 outlook after Q3 results, with higher EPS and raised sales guidance as Music and I&SS gains offset weaker gaming and pictures.
Sony Pictures Entertainment reported $2.3 billion in revenues for its fiscal third quarter, down 12% year over year. Operating income during the three months ending in December was $197 million, off 11%.
The Japanese company continues to expect U.S. tariffs to weigh on operating profit by ¥50 billion this fiscal year.
Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook
SONY heads into Q3 earnings with PS5-driven strength in gaming, steady music growth and imaging gains, even as tariffs, forex and China demand weigh on it.
In the latest trading session, Sony (SONY) closed at $22.28, marking a -1.42% move from the previous day.
SONY unveils LinkBuds Clip open-ear earbuds, blending immersive sound with awareness, long battery life and comfort for work, commuting and exercise.
In the closing of the recent trading day, Sony (SONY) stood at $22.96, denoting a -3.04% move from the preceding trading day.
Sony (SONY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Sony Honda Mobility unveiled its new prototype electric vehicle at the CES trade show in Las Vegas on Monday, even as most U.S. automakers hit the brakes on EVs.
Sony (SONY) closed the most recent trading day at $25.88, moving +1.09% from the previous trading session.