Opens in a new tab

Breaking news

Sony’s Robust Profit Forecast Amid Q4 Headwinds

Fourth-Quarter Performance Exceeds Expectations

Sony reported fourth-quarter revenue of 3.036 trillion yen ($19.4 billion), exceeding analyst expectations of 2.896 trillion yen. Operating profit, however, fell short of forecasts, reaching 164 billion yen compared with expectations of 278 billion yen.

While hardware sales declined from 183 billion yen to 110 billion yen year-on-year, stronger performance in Sony’s image sensor and music divisions helped support overall revenue growth. Sales of the PlayStation 5 also weakened during the quarter, with unit sales falling to 1.5 million from 2.8 million a year earlier.

Despite softer hardware performance, Sony forecast a 13% increase in net profit for the financial year ending March 2027, projecting earnings of 1.16 trillion yen compared with 1.03 trillion yen in the previous year. The company also announced plans to repurchase up to 500 billion yen in shares over the next year.

Memory Price Surge Pressures Strategic Pricing

Sony said rising memory prices continue placing pressure on PlayStation 5 production costs as suppliers increasingly prioritise components for AI data centres and related infrastructure. The tighter supply environment has contributed to higher costs across the gaming hardware sector, prompting Sony to adjust pricing strategies, including PlayStation 5 price increases announced earlier this year.

According to the company, the financial impact of higher memory costs is expected to reach approximately 30 billion yen during 2026. At the same time, stronger demand in Sony’s mobile image sensor business helped offset some of the pressure, particularly through shipments to major smartphone manufacturers.

Forward-Looking Financial Strategy

Fourth-quarter operating profit was also affected by impairments linked to a discontinued EV project involving Honda and the company’s 2022 acquisition of Bungie. Looking ahead, Sony expects revenue to decline slightly to 12.3 trillion yen in the upcoming financial year compared with 12.5 trillion yen previously.

The company said continued focus on cost management, pricing adjustments and growth in higher-performing divisions will remain central to its financial strategy amid ongoing supply chain and component market volatility.

 

Europe’s Deadly Summer Heat Exposed The Cost Of A Warming Continent

Europe experienced its deadliest summer for heat-related deaths on record in 2026, with an estimated 24,400 excess deaths linked to extreme temperatures across 30 countries. Researchers estimate that human-induced climate change was responsible for around 32,000 of the deaths attributed to heat in the study’s broader analysis, accounting for 65% of the total.

The findings highlight the growing public-health consequences of global warming, largely driven by fossil fuel use, as extreme heat becomes more frequent and severe.

A Summer Of Dangerous Heat

Between June and August, heatwaves pushed temperatures in Western Europe to an average of 2.9°C above the 1991–2020 norm, with some days reaching 12°C above average. Nearly a third of estimated heat-related deaths occurred during a particularly intense heatwave between 17 June and 1 July.

“These numbers are a stark reminder that our hotter, more extreme summers are having an increasingly severe impact on public health,” said Dr Clair Barnes, a researcher at Imperial College London and co-author of the study.

The estimated toll exceeded previous peaks of around 29,000 deaths in summer 2022 and 28,000 in 2003 across the region studied.

How Researchers Estimated The Toll

Researchers modelled the relationship between temperature and mortality across 854 urban areas in the EU, UK, Norway and Switzerland, covering around 40% of the population in the 30 countries studied.

The analysis incorporated temperature records, age, socioeconomic conditions, environmental factors and access to healthcare. By comparing actual temperatures with those expected without human-induced warming, the team estimated the additional deaths attributable to climate change.

Final official mortality figures for summer 2026 are not yet available in many countries, and heat-related deaths are often underreported because their effects can be difficult to identify directly.

Older People Face The Greatest Risk

People aged 85 and over accounted for roughly half of the estimated deaths. However, the impact extended across age groups, with around 800 excess deaths among adults aged 20–44 and approximately 6,000 among people under 65.

Southern Europe experienced the highest mortality burden, reflecting hotter temperatures and other vulnerabilities, including air pollution, limited green space and unequal access to healthcare and heat-alert systems.

Italy, France And Spain Record Highest Toll

Italy recorded an estimated 13,303 heat-related excess deaths, followed by France with 7,268 and Spain with 6,824. Germany recorded around 6,340, while the UK saw an estimated 4,354 deaths.

In the UK, the heat also placed significant pressure on healthcare services. Andrew Hartle, Professor of Practice of Anaesthesia at Imperial College Healthcare, said demand during the summer resembled that of a severe winter virus season.

Cities Urged To Strengthen Heat Protection

Researchers say cities can reduce the risks through climate shelters, external shading and building retrofits, alongside measures to help residents avoid exposure during the hottest hours. Checking on vulnerable people, staying hydrated and following heat alerts are also important.

The researchers stress that adaptation must go hand in hand with reducing fossil fuel use to limit further warming. The findings underline that extreme heat is already a major public-health threat across Europe, with thousands of lives at risk each summer.

Uol
eCredo
Aretilaw firm
The Future Forbes Realty Global Properties

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter