Sony reports an 18% rise in profit for the fiscal year ending March 31, driven by strong demand in music and gaming sectors, despite a slowdown in its financial segment.
Sony Corp. posted a profit of 1.14 trillion yen (€6.9 billion) for the fiscal year ending March 31, an 18% increase from the previous year. While overall sales remained largely unchanged at 13 trillion yen (€78.9 billion), the company experienced significant growth in its music and video game businesses.
Key successes included popular movies like "Venom: The Last Dance" and "Bad Boys: Ride or Die," and strong music sales from artists like SZA, Beyoncé, and Kenshi Yonezu. However, Sony's financial segment saw no growth, and its forecast for the following fiscal year predicts a 13% profit decline.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th July, covering the latest developments you need to know.
U.S. strikes on Iran entered a 12th consecutive night, while Yemen's Houthis said they attacked two Saudi oil tankers in the Red Sea, urging President Donald Trump to warn Tehran it would be held responsible for any future Houthi attacks.
The U.S. military said it completed a fresh wave of strikes on Iran late on Thursday, marking the 13th consecutive night of American attacks. The latest operation lasted more than two hours, according to U.S. Central Command.
Aleksandar Vučić's visit to Kyiv on 15 July appeared to send a geopolitical signal. But the significance of the trip lies less in the journey itself than in the limits Serbia carefully observed.
Spain has declared a national emergency and evacuated more than 10,000 people after uncontrolled wildfires reached the outskirts of Madrid. Emergency crews have rescued residents as multiple blazes continue to spread across the region.
Italian Defence Minister Guido Crosetto recently offered the dismissed Ukraine’s Defence Minister, Mykhailo Federov an adviser role in Italy.
Romania said on Saturday that it had shot down a second drone after it entered the country's airspace in as many days.
India's Education Minister, Dharmendra Pradhan, resigned on Saturday, marking a significant victory for youth protesters who had been demanding that he step down over repeated leaks of examination papers.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 25th of July, covering the latest developments you need to know.
Tens of thousands of people have been evacuated as major wildfires spread across France and Spain, with authorities warning that extreme heat, strong winds and dry conditions are making the blazes increasingly difficult to control.
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