Sony Financial Group Inc. announced a significant downward revision to its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026. The company disclosed the updated guidance on February 13, 2026.
The ordinary profit forecast was reduced from 122,000 million yen to 79,000 million yen, a 35.2% decrease. Profit attributable to owners was lowered from 82,000 million yen to 50,000 million yen, representing a 39.0% decline.
Management attributed the revision to an expected increase in losses on securities sales as Sony Life Insurance executes bond sales for asset-liability management (ALM) rebalancing. Adjusted net income under IFRS was also lowered due to revisions in insurance liability assumptions.
Despite the downward revision, Sony Group stock rose 1.99% to $23.32 in open market trading. This performance suggests a potential divergence from broader weakness currently impacting the technology sector.