Sony raises profit forecast by 8% on lower tariff impact

TOKYO (Reuters) -Sony on Tuesday ​raised its operating profit ‌forecast for the year ending March ‌2026 by 8% to 1.43 trillion yen ($9.48 billion)⁠ citing ‌a smaller impact from U.S. tariffs ‍and the strength of its music and chips businesses.

Operating ​profit in the July-‌September quarter climbed 10% to 429 billion yen after its music and chips businesses recorded higher sales.

Profit ⁠fell at Sony’​s games business ​in the second quarter as the Japanese technology ‍and ⁠entertainment conglomerate booked impairment losses.

($1 = 150.⁠7800 yen)

(Reporting by ‌Sam Nussey; Editing by ‌Christian Schmollinger)