Sony H1 Operating Profit Jumps 43% to ¥1.10 Trillion as Games and Pictures Surge; Full-Year Outlook Raised Again

Sony raised operating profit 42.9% to ¥1,098,828 million in the six months to September, on sales up 9.4% to ¥6,267,217 million, with Game & Network Services, Pictures and Imaging & Sensing Solutions all posting sharp gains. Net income attributable to shareholders rose 38.8% to ¥791,764 million, and the group raised its full-year operating profit forecast to ¥1,870,000 million.

Sony H1 FY3/2027 earnings summary

Games, film and sensors lead

Sony Group Corporation (TSE: 6758) reported consolidated results under IFRS for the first half of FY3/2027, April 1 to September 30, 2026, on November 5, 2026. Prior-year net figures are from continuing operations, as the financial services business spun off in October 2025 is shown as discontinued. Game & Network Services operating profit rose 57.3% to ¥422,074 million on sales up 4.7% to ¥2,145,583 million. Pictures more than tripled to ¥117,363 million as its sales rose 23.1%, and Imaging & Sensing Solutions rose 43.8% to ¥276,836 million.

Music operating profit rose 9.8% to ¥228,638 million on sales up 15.2% to ¥1,160,408 million, with streaming revenue in recorded music up 18.4% to ¥479,229 million. Entertainment, Technology & Services edged up 2.5% to ¥106,746 million. The All Other segment's loss widened to ¥35,154 million from ¥7,874 million. Basic earnings per share rose to ¥134.89 from ¥95.09.

Second upgrade to the forecast

Sony now expects FY3/2027 sales of ¥13,000,000 million (+4.2%), operating profit of ¥1,870,000 million (+29.2%), profit before tax of ¥1,860,000 million (+30.8%) and net income attributable to shareholders of ¥1,330,000 million (+29.0%), up from ¥12,500,000 million, ¥1,720,000 million and ¥1,210,000 million in the forecast issued with first-quarter results. The interim dividend rose to ¥17.50 from ¥12.50, and the annual dividend forecast is ¥35. Total assets rose 6.3% to ¥16,667,715 million, and the equity ratio was 51.3%.

Sony Group Corporation — H1 FY3/2027 (April 1 – September 30, 2026), IFRS, consolidated. Balance-sheet rows compare September 30, 2026 with March 31, 2026; guidance and dividend rows are full-year FY3/2027 against FY3/2026. "—" indicates a figure not disclosed.
MetricH1 FY3/2027H1 FY3/2026Change
Revenue (¥ million)6,267,2175,729,522+9.4%
Operating profit (¥ million)1,098,828768,929+42.9%
Pre-tax profit (¥ million)1,100,645798,362+37.9%
Net profit attrib. to owners of parent (¥ million)791,764570,452+38.8%
EPS (¥)134.8995.09+41.9%
Game & Network Services — segment profit (¥ million)422,074268,311+57.3%
Music — segment profit (¥ million)228,638208,184+9.8%
Pictures — segment profit (¥ million)117,36332,515+261.0%
Entertainment, Technology & Services — segment profit (¥ million)106,746104,103+2.5%
Imaging & Sensing Solutions — segment profit (¥ million)276,836192,518+43.8%
Total assets (¥ million)16,667,71515,683,490+6.3%
Equity attrib. to owners of parent (¥ million)8,550,3728,119,011+5.3%
Equity ratio51.3%51.8%-0.5 pt
FY3/2027 guidance — revenue (¥ million)13,000,000—+4.2%
FY3/2027 guidance — operating profit (¥ million)1,870,000—+29.2%
FY3/2027 guidance — net profit (¥ million)1,330,000—+29.0%
Annual dividend per share (¥)35.0025.00+40.0%

JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.