Sony FY 2021 operating profit soars to record 1.20 tril. yen

Sony Group Corp. said Tuesday its operating profit rose to a record 1.20 trillion yen ($9.16 billion) in the business year through March, as a robust movie sector and the yen's depreciation against the U.S. dollar offset slower sales for its game unit.Its operating profit soared 25.9 percent from the previous year, while sales also rose 10.3 percent to a record 9.92 trillion yen in the year ended March. Net profit dropped 14.3 percent to 882.18 billion yen.Sony became the second Japanese manufacturer to see its operating profit exceed 1 trillion yen after Toyota Motor Corp., according to SM…READ FULL ARTICLE