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International Business Times
International Business Times
Business

Sony Logs 18% Annual Net Profit Jump, Forecast Cautious

Sony's music division has a roster that includes Beyonce (Credit: AFP)

Japanese entertainment and electronics giant Sony on Wednesday reported an 18 percent jump in annual net profit but issued a cautious forecast for the current financial year.

The firm logged a net profit of 1.14 trillion yen ($7.7 billion) for the 2024-25 financial year, but said it expects that to fall 13 percent to 930 billion yen in 2025-26.

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