Sony doubles full-year profit forecasts to ¥40 billion
Operating income also up from HQ and other assets sales
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Sony Corporation has doubled its profits forecast for the fiscal year ended March 31, from ¥20 billion ($201m / £130) to ¥40 billion ($403m / £261m).
The change is due to a deprecation of the yen during January, February and March, and better than expected performance of its financial services division.
Operating income forecasts have also been upgraded to ¥230 billion from ¥130 billion due to the sale of assets including M3 shares, an office in Tokyo and its US headquarters.
Sony releases full-year financial results on May 9.