Sony second-quarter operating profit surges 45% to ¥622.3 billion

Sony Group (NYSE:SONY) reported second-quarter fiscal 2026 operating profit of ¥622.3 billion for the three months ended September 30, 2026, up 45% year over year, while revenue increased 10% to ¥3.429 trillion.

Net income attributable to shareholders rose 44% to ¥449.6 billion from ¥311.4 billion, while diluted earnings per share increased to ¥76.49 from ¥51.71, and operating profit exceeded the ¥505 billion analyst estimate.

The Game and Network Services division generated ¥220.1 billion in operating profit, up 83%, while Pictures operating profit increased to ¥92.6 billion from ¥13.9 billion and Music operating profit rose 6% to ¥122.8 billion.

The Pictures division benefited from Spider-Man: Brand New Day, which generated approximately $2.5 billion in worldwide box office revenue during the quarter, while PlayStation 5 shipments declined to 2.6 million units from 4 million a year earlier.

Sony raised its FY2026 revenue forecast to ¥13 trillion from ¥12.5 trillion, operating profit guidance to ¥1.87 trillion from ¥1.72 trillion and net income guidance to ¥1.33 trillion from ¥1.21 trillion.

Its annual dividend forecast increased to ¥35 per share, comprising ¥17.50 interim and ¥17.50 year-end payments.

Sony operates across gaming, music, film and television production, consumer electronics and semiconductor image sensors, with its businesses including PlayStation, Sony Pictures and Sony Music.