Sony Group Corporation shares have surged 10.9% in a week following faster profit growth and higher full-year forecasts. Game & Network Services operating income climbed 37% to ¥202 billion despite nearly flat sales of ¥937.1 billion, helped by U.S. tariff refunds and foreign exchange, while PlayStation monthly active users rose 2% to a June record of 125 million. Music sales increased 21% to ¥562 billion, and Imaging & Sensing Solutions sales grew 26% to ¥512.7 billion with operating income more than doubling to ¥122.2 billion. However, consolidated sales fell about 1% on a constant-currency basis, and the stock now trades at 1.69 times forward sales, above its three-year median of 1.49 times and the sub-industry's 1.64 times, suggesting limited room for disappointment.
Sony Group CorporationStrong earnings and raised forecasts drive stock gains
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