$SONY · Sony Group Corp
Sony reported Q2 FY2026 (three months ended September 30, 2026) consolidated sales of ¥3,429.4B, up 10% YoY, and operating income of ¥622.3B, up 45% YoY. Net income attributable to stockholders rose 44% to ¥449.6B, with diluted EPS of ¥76.49 versus ¥51.71 a year earlier. The company raised its full-year FY2026 forecast: sales to ¥13,000B, operating income to ¥1,870B, and net income to ¥1,330B, up from July guidance of ¥12,500B, ¥1,720B, and ¥1,210B respectively.
- Operating income margin expanded to 18.1% from 13.8% a year earlier.
- Pictures segment operating income jumped 568% to ¥92.6B on Spider-Man: Brand New Day.
- G&NS operating income rose 83% to ¥220.1B, helped by absence of Bungie impairment charges.
- FY26 dividend per share planned at ¥35, up ¥10 year-on-year.
- I&SS sales fell 6% to ¥577.6B on lower mobile image sensor unit sales.
Extended-hours last trade of $27.20 is +4.82% vs the $25.95 regular close, indicating a positive after-hours reaction to the earnings beat and raised guidance.
Sony delivered a broad earnings beat and raised full-year guidance across sales, operating income, and net income, signaling strong momentum in its entertainment businesses.
Sony's Pictures and G&NS strength contrasts with softer I&SS image sensor demand, reflecting mixed conditions across its entertainment and semiconductor businesses.
I&SS faces a ¥37.0B sales decline and the Kumamoto Earthquake impact; FX volatility and U.S. tariff policy changes remain key uncertainties.