Earnings Alerts

Sony Corp (6758) Earnings: FY Operating Income Forecast Boosted, Matches Estimates

  • Sony boosts its fiscal year operating income forecast to 1.31 trillion yen, which matches market estimates.
  • Expected net income for the fiscal year is now projected at 980.00 billion yen, slightly lower than the market estimate of 988.21 billion yen.
  • Sony anticipates net sales for the fiscal year to reach 12.61 trillion yen, surpassing the previous forecast of 12.31 trillion yen and matching estimates of 12.5 trillion yen.
  • For the first quarter, Sony reported operating income of 279.11 billion yen, exceeding the estimate of 273.86 billion yen.
  • First quarter net income came in at 231.64 billion yen, significantly higher than the estimated 208.11 billion yen.
  • First quarter net sales were recorded at 3.01 trillion yen, which is higher than the estimate of 2.74 trillion yen.
  • Analyst consensus includes 24 buy ratings, 5 hold ratings, and no sell ratings for Sony.

Sony Corp on Smartkarma

Analysts on Smartkarma are closely monitoring Sony Corp, with insights from Tech Supply Chain Tracker and Sumeet Singh revealing positive sentiments towards the company’s future prospects. Tech Supply Chain Tracker‘s report highlights Sony’s ambitious goal to achieve profitability in the car camera business by 2026, indicating a bullish outlook on the company’s growth potential in this sector. Additionally, the report mentions significant developments such as Samsung’s strategic shift in response to internal crises, and the flourishing performance of Taiwan’s passive component makers in the semiconductor industry.

Sumeet Singh‘s analysis further adds to the positive sentiment surrounding Sony, mentioning updates on recent deals and upcoming IPOs. The report covers diverse market activities, including the reemergence of Trial Holdings in the IPO market and the growing presence of REIT placements in Japan. With a focus on Toei Animation’s substantial deal and Juniper Hotels’ strategic plans in India, the analyst coverage on Smartkarma reflects a bullish outlook on Sony Corp‘s future growth and market positioning.


A look at Sony Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores analysis, Sony Corp shows a balanced long-term outlook based on its Value, Growth, Resilience, and Momentum scores, all at a neutral level of 3. With its diversified business model spanning audio, video game consoles, communications, and more, Sony is positioned to maintain stability and potential growth in the future.

Sony Corporation is a prominent player in sectors ranging from consumer electronics to entertainment, offering a mix of products and services. While its dividend score is moderate at 2, the company’s overall resilience and momentum suggest a steady trajectory. Investors eyeing Sony can look forward to a company with a solid foundation across multiple industries with room for further expansion and development.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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