Sony Corp. said its videogame business would power another profit record in the current business year, extending the sharp turnaround by the Japanese electronics and entertainment company. Sony said it expected operating profit to rise 18% to ¥870 billion ($7.7 billion) in the year ending March 2019, significantly exceeding analysts’ forecasts and the company’s own earlier expectations.

Source: Wall Street Journal October 30, 2018 08:57 UTC