Financial Overview
announced an 18% rise in annual profit to 1.14 trillion yen ($7.8 billion) for the fiscal year through March, attributed mainly to its music and video-game operations.
Despite the profit increase, annual sales barely changed, slightly decreasing to 12.957 trillion yen ($88 billion). The company anticipates a nearly 13% drop in profit for the next fiscal year.
Business Segment Performance
Sony's film division and imaging and sensor solutions segment showed positive results, with notable box office successes including "" and "".
The gaming business, bolstered by the console and game software, and music operations, including streaming services and top-selling albums, also contributed to the profit rise.