Sony Financial Group announced on the 10th that it has revised upward its net profit forecast for the fiscal year ending March 2027, from a previous loss of 1.6 billion yen to a profit of 2.3 billion yen. Operating profit and pre-tax profit have also been revised from losses to profits. At the operating level, bond sale losses at Sony Life are now expected to be smaller than initially anticipated, while at the pre-tax level, gains from the sale of equity-method investments related to SP.LINKS were factored in. For the previous fiscal year ending March 2026, the company posted a net loss of 860 million yen.
Sony Financial Group Inc.Net profit forecast revised upward from loss to profit due to smaller bond sale losses and gains from equity-method investments.
Sony Group Corporation