Sony Corp. on Friday forecasted an operating profit of ¥500 billion for the business year to March 2018, up 73.2 percent from the previous year, on brisk prospects for its semiconductor and gaming businesses.
The resurgent electronics giant said it booked an operating profit of ¥288.70 billion for the business year ended March 31, down 1.9 percent year on year on sales of ¥7.60 trillion, a 6.2 percent drop chiefly attributed to exchange rate losses stemming from a firming yen.
Net profit, however, fell 50.4 percent to ¥73.29 billion due to a ¥112 billion impairment loss booked in its film business.