Sony’s position was substantially improved after the sales of the PlayStation 5

05.08.2021

Strong demand for the PlayStation 5 game console boosted Sony’s operating profit by more than 25% in the first quarter. Corporate income before taxes and other mandatory contributions increased by 26.3 percent.

The fiscal year in Japan runs from April 1 to March 31. According to a report by Sony, the holding’s operating income for the first three months of this year was 280.1 billion yen ($2.56 billion). A year earlier, this figure was equal to 221.7 billion yen (2.02 billion dollars).