Japanese entertainment and electronics company Sony says its profit surged 23% in the last quarter from the year before, as damage from U.S. President Donald Trump’s tariffs was less than it had expec

Sony raised its full-year operating profit forecast on Thursday by 4% to 1.33 trillion yen ($9.01 billion), citing expectations of a smaller impact from U.S. President Donald Trump's trade war. Sony sees a tariff impact of 70 billion yen,

The Japanese electronics and entertainment company’s first-quarter net profit rose on stronger earnings from its game business, and it raised its annual profit forecast due partly to a smaller U.S. tariff impact.