Japan’s #Nikkei Stock Average Ends Slightly Higher; Dim Corporate Outlook Dulls Sony’s Shine
Dampening corporate mood, rising bankruptcies cloud BOJ's rate hike path https://t.co/bUHAwOBVhT https://t.co/x8lKI5uC7w
Japan’s Nikkei Stock Average Ends Slightly Higher; Dim Corporate Outlook Dulls Sony’s Shine https://t.co/qy4jbuES5Y

Sony Group Corp. reported better-than-expected financial results for the second quarter, with revenue of $19.52 billion, slightly below the anticipated $19.62 billion, and earnings per share (EPS) of $0.37, surpassing the expected $0.27. Following the announcement, Sony's shares rose by 6%. Despite this positive performance, Japan's Nikkei Stock Average experienced fluctuations, ending slightly higher, as concerns over a dim corporate outlook and rising bankruptcies overshadowed the market sentiment. Analysts noted that caution over earnings continues to affect investor confidence in the region.
