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Media & Entertainment

Sony sees record $10bn profit as COVID ups home entertainment demand

Gaming subscription services and hit film 'Demon Slayer' drive second upward revision

The blockbuster anime "Demon Slayer," co-distributed by Sony's music unit, helped boost sales. (Source photos by AP and Kyodo)

TOKYO -- Sony expects its highest-ever net profit for the year ending March as its strengths in entertainment content like games, anime, and music streaming prove successful during the coronavirus pandemic.

The company on Wednesday revised up its net profit forecast to 1.085 trillion yen ($10 billion) for the current fiscal year, up 86% from a year ago. The profit figure would surpass an all-time high of 916 billion yen recorded for the year ended March 2019.

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