Sony on Thursday raised its operating profit forecast for the year ending in March by 2% to 1.34 trillion yen ($8.70 billion) as it reported strong growth at its key gaming unit. Once best known for consumer electronics such as the Walkman,

The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.

Sony Group Corp. on Thursday raised its net profit forecast for the current fiscal year through March to 1.1 trillion yen ($7.0 billi

Sony on Thursday hiked its operating profit forecast for the year ending March by 2% to 1.34 trillion yen ($8.70 billion), citing the strength of its key gaming business.

The Japanese entertainment and electronics company raised its annual earnings projections after a rise in third-quarter net profit on the strength in its game and music businesses.