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Sony Pictures' Full-Year Profit Rises to $628 Million, But Pandemic Downturn Looms

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hollywoodreporter.com
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Sony Corp. executives reported the Japanese conglomerate's full fiscal-year earnings in central Tokyo on Wednesday, offering a look at where its business stood just before the coronavirus pandemic began to bite.

Sony's film and television unit, Sony Pictures Entertainment, recorded operating profit of $628 million, up from $489 million the year prior, while annual profits at Sony Corp.

overall were down 36 percent to $5.34 billion (￥582 billion). Revenue at Sony Pictures climbed to $9.32 billion from $8.87 billion the year prior.

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