Sony lifts FY2026 operating income forecast to JPY 1.72 trillion

• Sony lifted its FY2026 forecast to JPY 12.5 trillion sales, JPY 1.72 trillion operating income, JPY 1.21 trillion net income.
• Operating cash flow outlook kept at JPY 1.5 trillion.
• Guidance assumes about JPY 80 billion of U.S. tariff refunds this fiscal year, largely allocated to the operating income upgrade.
• Updated FX assumptions: about JPY 150 per $1 for Q1–Q4, about JPY 153 per $1 for Q2–Q4; about JPY 173 per euro for Q1–Q4.
• Forecast excludes any impact from the July 28 Kumamoto earthquake due to uncertainty over the financial effect.

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