Sony sees momentum in games and film despite Trump tariffs

Company forecast 13% drop in net profit, factoring tax costs and trade war

20250514  PlayStation 5 (PS5)

Sony Group's PlayStation 5 is displayed during the Tokyo Game Show 2024. (Photo by Yuji Murakami)

TAMAYO MUTO

TOKYO -- Sony Group announced on Wednesday that it expects operating income to increase slightly in the fiscal year ending March 2026, even after factoring in the impact of tariffs imposed by U.S. President Donald Trump.

The company said its operating income -- excluding the financial services business that will be spun off this year -- would increase to 1.38 trillion yen ($9.4 billion), up 8% from the previous year on the same basis. The increase is expected to be offset by taking an estimated 100 billion yen ($680 million) hit caused by the Trump tariffs.

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