Sony Group (TYO:6758) reported a 23% rise in net income attributable to shareholders for the fiscal first quarter ended June 30 to 259.1 billion yen from 210.2 billion yen a year earlier, according to a Thursday filing on the Tokyo Stock Exchange.
Earnings per share came in at 42.84 yen, versus 34.37 yen in the year-ago period, while sales rose 2.2% year on year to 2.622 trillion yen from 2.565 trillion yen.
The figures reflect Sony's businesses excluding its financial services unit, which is scheduled to be spun off on Oct. 1. The group reclassified the division as a discontinued operation during the quarter.
On a consolidated basis, including the soon-to-be-spun-off financial unit, net income came to 236.91 billion yen, or 39.40 yen per share.
Sony trimmed its net profit forecast for the fiscal year ending March 2026 to 970 billion yen, down 9.1% from a year earlier. Sales from continuing operations are projected to fall 2.8% to 11.7 trillion yen.
The outlook includes the expected impact from recent changes in US tariff policy as of Aug. 1, the company said.
Sony plans to pay an annual dividend of 25 yen per share for the current fiscal year after a five-for-one stock split in October 2024.
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