Sony Group Corp
6758: XTKS (JPN)
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Sony Earnings: Strong Third-Party Game Sales Offset Sluggish Smartphone Demand; Fair Value Up 3%
Sony Group operating income for the September quarter was JPY 455 billion, up 73% year on year and higher than our expectation of JPY 350 billion. Meanwhile, Sony maintained its operating income guidance for fiscal 2024 (ending March 2025) of JPY 1.31 trillion, up 8.4% from the previous year.
