The latest outlook compares with a net profit of
For the current business year, the Japanese electronics and entertainment giant now expects operating profit to increase 2.6 percent to
"The music streaming service, the biggest growth driver in the music segment, has been robust...and we aim to secure high profitability that outclasses our rivals," said Chief Financial Officer
The company's mirrorless cameras have seen a recovery in demand globally, Totoki said, as more people go shopping for new cameras, with progress in vaccinations.
But he also warned that electronics production could be disrupted in
Global semiconductor shortages, which have significantly hit electronics and auto manufacturers since last year, "remain unpredictable," Totoki also said, while adding that the impact on Sony's PlayStation 5 game console and other products is "under control" for now as the company has diversified suppliers and piled up inventory.
Sony, an image sensor supplier for
For the first quarter through June, Sony's net profit rose 9.4 percent from the same quarter last year to
Sony has booked relatively strong earnings despite the pandemic, which has forced people to spend more time at home and seek entertainment by playing video games and subscribing to streaming services.
Sony's net profit broke past the
PlayStation 5 has met robust demand since its November launch and
For the April to June period, Sony sold 2.3 million units but at a reduced pace compared with 3.3 million in the previous quarter.
==Kyodo
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