For the year to next March, the PlayStation maker expects net income of 1.21 trillion yen ($7.5 billion), up from 1.16 trillion yen projected before. Overall, Sony projected group revenues in the year to March 31, 2027 of 12.5 trillion yen, up from the previous forecast of 12.3 trillion issued in May. The video games sector is fragile, as console manufacturers' margins are eroded by soaring memory chip costs driven by the artificial intelligence boom. Sony and other console makers have also been passing on the rising costs of memory to customers, which hurts demand. The US video game market market in June saw a 21-percent drop, according to research firm Circana, while costs for developing games are rising.