0721 GMT - Sony Group is likely to retain its strong earnings and cash flow on the Japanese conglomerate's portfolio shift towards its entertainment business, says S&P Global Ratings in a note. Sony's entertainment business, including games, music, film and anime, could benefit from sustained growth in global demand for content, the ratings company says. These segments are likely to account for 60% of total Ebitda by end-March and support Ebitda margin reaching 18%-20% over the next one to two years. Sony could also leverage content crossover between segments as a unique strength, which S&P says differentiates it from peers. Still, each individual segment's competitiveness is somewhat weaker than those of Sony's global entertainment peers. S&P Global Ratings raises its long-term issuer credit rating on Sony and its foreign subsidiary to 'A+' from 'A'.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
March 12, 2026 03:21 ET (07:21 GMT)
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