Article

Sony Group Corporation's fiscal third quarter saw operating profit rise 22% year-over-year to approximately $3.3 billion, exceeding expectations, with revenue increasing by 1% to about $23.7 billion. The company raised its full-year operating profit outlook by 8% due to favorable foreign exchange rates offsetting memory chip cost pressures.

The PS5 console shipped over 92.2 million units globally. The PlayStation Network achieved record engagement, driven by subscription service growth. Despite challenges in semiconductor costs, Sony's diversified business model facilitated its strong performance and strategic confidence for future growth.