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moves money TNW May 08, 2026

Sony forecasts 11% profit lift and $3.2bn buyback as music and sensors offset PS5 memory shock

Sony forecasts 11% profit lift and $3.2bn buyback as music and sensors offset PS5 memory shock
AI Summary

FY26 guidance puts operating profit at ¥1.6 trillion. The PS5 install base, royalty income from streaming, and a smartphone-camera business with no obvious challenger are doing the work while the gaming hardware unit absorbs a memory-cost shock. Sony Group on Friday set out FY26 guidance the market had largely priced in: operating profit of ¥1.6 […] This story continues at The Next Web

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