Sony Group Corporation (SONY) has released an update.
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Sony Group Corporation has released its quarterly financial statements for the fourth quarter ending March 31, 2024, along with its forecast for the fiscal year ending March 31, 2025. The financial results show a comprehensive update on the company’s assets, liabilities, and equity, reflecting data in accordance with International Financial Reporting Standards (IFRS). Notably, Sony has transitioned to IFRS 17 ‘Insurance Contracts’ starting from the three months ending June 30, 2023, which has resulted in restated figures for comparison.
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