Japanese Sony Corp reported stronger-than-expected operating profit for its second fiscal quarter, driven by robust performance across its business segments. The company's operating profit surged 10% from the previous year to 429 billion yen (about $2.78 billion), exceeding analysts' forecasts of 398.44 billion yen. Revenue also climbed 5% to 3.1 trillion yen (approximately $20.1 billion), compared to the expected 2.985 trillion yen. Following this positive news, Sony has raised its full-year profit forecast by 100 billion yen, or 8%. In response to the earnings announcement, Sony's shares rose by more than 6%. Additionally, the company has announced a new stock buyback program valued at 100 billion yen ($648 million).
