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Sony's Full-Year Results Buoyed by Games, Music, Film Units

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hollywoodreporter.com
hollywoodreporter.comhollywoodreporter.com:

Sony's annual resultswere buoyed by stellar early sales for its PlayStation 5 games console and brisk business for its music unit.

The company's film division saw its full-year profit rise, but earnings fell in the final quarter of the fiscal year ended in March compared to the same period a year ago due to the COVID-19 pandemic.

The Japanese electronics and entertainment giant reported that net income for fiscal year 2020 grew 101 percent to $10.7 billion (1.17 trillion yen) with operating income growing 15 percent to $8.9 billion (971.9 billion yen).

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