Sony Group Raises Fiscal Year Outlook Despite Revenue Dip at Sony Pictures
Tokyo, Japan – Sony Group Corp. raised its forecast for the fiscal year ending in March 2026, despite a 12% revenue drop at Sony Pictures, according to a report by Variety on February 4, 2026. The company's overall operating income jumped 22% in the December quarter, bolstered by strong performance in its music division.
The news comes amidst a backdrop of various global events. On the same day, multiple news sources reported that Storm Leonardo devastated Spain, and a fatal speedboat accident occurred in Greece, while Europe grappled with political and economic tensions. In the U.S., the Supreme Court upheld California's redistricting, Pinterest fired engineers for privacy violations, and Snap reported mixed earnings amidst competition and diversification efforts. Elon Musk also faces an SEC lawsuit.
While Sony Pictures experienced a revenue decline, the company's music division posted strong results, contributing to the overall positive financial outlook. The specific figures for the music division's growth were not detailed in the provided sources.
In other business news, various companies are offering promotional deals. Wired reported on February 2026 that Visible offers access to Verizon's network in two unlimited plans for as low as $25 per month, including unlimited data, talk, and text using Verizon's 5G and 4G LTE networks, as well as unlimited communication to Mexico and Canada. The article noted that while the costs are low, some perks typically expected with larger providers may be limited.
Home Depot is also offering significant discounts, with Wired reporting promo codes for up to 50% off in February 2026. The article described Home Depot as having "inflated the neighborhood tool shop into a whole city of lumber, hammers, caulk, power saws, and big rolls of wire."
Paramount+ is also offering coupon codes and deals, including potential free trials, student discounts, and teacher discounts, according to Wired. The streaming service features content such as "South Park," "Yellowstone," "MobLand," and the rebooted crime drama "Dexter."
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