Sony raised its annual profit forecast due to Spider-Man success and gaming gains.
Context
What happened: Sony Group raised its full-year net profit forecast by 10%, citing stronger earnings from gaming and movies, including the success of "Spider-Man: Brand New Day."
Key numbers: Full-year net profit forecast raised 10%. First-half profit up 39%.
Why it matters: The forecast increase follows a 39% rise in first-half profit, with gaming and movie results driving the improved outlook.
What changed
Sony Group raised its full-year net profit forecast by 10%, citing stronger earnings from gaming and movies, including the success of "Spider-Man: Brand New Day."