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UPDATE3: Sony ups FY 2025 profit outlook on blockbuster "Demon Slayer," sensors
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Sony Group Corp. on Tuesday raised its net profit forecast for the year ending next March to 1.05 trillion yen ($6.8 billion) from the earlier estimated 970 billion yen, helped by the popularity of animated film "Demon Slayer" and strong image sensor demand. The entertainment and electronics giant expects a less severe impact from higher U.S. tariffs on its hardware, including semiconductors, with operating profit now forecast to reach 1.43 trillion yen, up from 1.33 trillion yen projected in August. The film "Demon Slayer: Kimetsu no Yaiba -- Infinity Castle Part 1: Akaza Returns," distributed by Aniplex Inc., wholly owned by Sony Music Entertainment (Japan) Inc., has become a global hit.