• Kyodo

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Sony Corp. said Tuesday it is now expecting a record group operating profit of ¥630 billion for the current fiscal year through next March, topping its target of over ¥500 billion on its brisk music and semiconductor businesses and the weaker yen.

The ¥630 billion profit would exceed the company’s all-time high operating profit of ¥525.7 billion in fiscal 1997. The profit target of more than ¥500 billion was set under Sony’s three-year business plan through fiscal 2017.

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