Japanese stocks closed up 0.64%. Consumer services stocks led the gains of Sony Group Corp and Fuji.

On August 1st, the Nikkei 225 closed up 0.64% at 27980.5 points. As rising prices and supply disruptions hurt output and new orders, the final value of manufacturing PMI in Japan fell to 52.1in July from 52.7in the previous month, marking the slowest growth since September last year and indicating that there is still some way to go for a solid economic recovery after the epidemic. Japanese Prime Minister Fumio Kishida said on July 31 that the downgrade of COVID-19 's infectious disease level would be discussed after the current seventh wave of the epidemic in Japan. Japan seeks to raise the minimum hourly wage by at least 30 yen. At a recent interim cabinet meeting, Japan

格隆汇Aug 1, 2022 14:45

Changes in US stocks | Sony Group Corp reduces its annual profit guidance by 3%

Sony Group Corp (SONY.US) fell 3% to US $84.93 on July 29th, with a total market capitalization of US $105 billion. Sony Group Corp (SONY.US) revenue for the first quarter ended June was 2.31 trillion yen, up 2% from the same period last year, exceeding expectations of 2.26 trillion yen; operating profit was 306.96 billion yen, up 10% from the same period last year, exceeding expectations of 280.07 billion yen, of which Sony Group Corp film and television entertainment operating profit was 50.7 billion yen, up 99.6% from the same period last year; pre-tax profit was 291.38 billion yen, up 3% from the same period last year, exceeding expectations of 283.21 billion yen Net profit 2

Gelonghui FinanceJul 29, 2022 23:00

Sony Group Corp's first-quarter results exceeded expectations and lowered full-year profit guidelines.

Sony Group Corp (SONY.US) revenue for the first quarter ended June was 2.31 trillion yen, up 2% year on year and 2.26 trillion yen higher than expected. Operating profit was 306.96 billion yen, up 10% year on year and 280.07 billion yen higher than expected. Sony Group Corp Film and Television Entertainment made an operating profit of 50.7 billion yen, an increase of 99.6% over the same period last year. Pre-tax profit is 291.38 billion yen, up 3% from the same period last year, exceeding expectations of 283.21 billion yen; net profit is 218.2 billion yen, up 3% from the same period last year, exceeding expectations of 21.13 billion yen; now it is expected to be 2022 yen.

Gelonghui FinanceJul 29, 2022 14:35

Concept tracking | Sony lidar advances in lidar, 100 billion blue ocean space, and these component suppliers can be expected to develop (with concept stock)

The Zhitong Finance App learned that there are reports that Sony will begin mass production of automotive sensor LiDAR components in 2023. Sony said it will focus on LiDAR components after the vehicle camera image sensor. This will be the company's first time to mass-produce automotive lidar components. Huaxin Securities said that sensors have become an important growth point in the auto parts industry chain, and lidar LiDAR is gradually being used in the fields of assisted driving and driverless technology. Based on the development of core components of lidar and the expansion of the upstream and downstream industrial chain, component suppliers will usher in growth opportunities. What Sony is preparing to mass-produce is a type of quilt

Zhitong FinanceJun 29, 2022 18:10

Challenge Microsoft Corp (MSFT.US)! Sony Group Corp (SONY.US) launches Inzone brand to enter PC game equipment market

Sony Group Corp announced the launch of Inzone, a new gaming device brand aimed mainly at PC gamers, as well as headphones and monitors, in an attempt to expand its business beyond PlayStation, Zhitong Financial APP has learned. The first Inzone products will be three game headphones and two game monitors. Among them, H9 wireless noise reduction headphones for $299, H7 wireless headphones for $229, H3 wired headphones for $99, and INZONE M9 game monitor for $899 will go on sale on July 8, while the other one will go on sale for 5.

Zhitong FinanceJun 29, 2022 11:50

Sony Group Corp (SONY.US) and Honda set up a new company involving nearly 10 billion yen to develop electric vehicles.

Sony Group Corp and HMC.US announced that they have signed a joint venture agreement to set up a new company to sell high value-added electric vehicles and provide mobile services. The goal of the new company is to combine Honda's cutting-edge environment and security technology, mobile development capabilities, body manufacturing technology and after-sales service management experience, combined with Sony Group Corp's expertise in the development and application of imaging, sensing, telecommunications, networking and entertainment technologies, to achieve a new generation of mobile and mobile-related services. Sony Group Corp and Honda plan to set up a new company within this year and start selling electric cars and providing mobile services in 2025. New company

Gelonghui FinanceJun 16, 2022 21:21