Company Sony is going to pay its Japanese employees increased bonuses ahead of the expected announcement of record annual net income.
According to NHK, the amount of the bonus will be commensurate with the 7-month salary, which is even higher than the 6.9-month increment requested by the union. Usually companies rarely set a figure higher than the union request, and Sony has shown such generosity for the first time in two decades…
Typically, Japanese salaried workers receive seasonal bonuses twice a year, with the amounts fluctuating annually and are effectively considered part of the employee’s salary.
Sony is expected to report record net profit for its fiscal year ending at the end of March in the amount of about $ 10 billion… One of the main drivers of growth was the surge in demand for entertainment products during the pandemic. The gaming business is doing particularly well, heading towards its best year ever. 4.5 million units shipped as of December 31 Playstation 5… The company predicts for the division Games & Network Services annual revenue at the level $ 25.53 billion and an operating profit of $ 3.30 billion…
Sony’s music segment, which also includes the popular anime business, also posted strong year-over-year growth, growing in the last quarter thanks to a 17.5% increase in recorded music revenue from a year earlier.
Sony to announce official financial year results in early May…
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