Sony Reports Profit Rise, Starts Preparing for Financial Unit's Spinoff

Sony Group reported a rise in third-quarter net profit, thanks partly to higher earnings from the image-sensor and music businesses, and said it would start preparing for a spinoff and listing of its financial unit.

Sony Group reported a rise in third-quarter net profit, thanks partly to higher earnings from the image-sensor and music businesses, and said it would start preparing for a spinoff and listing of its financial unit.