TOKYO -- Sony on Tuesday revised up its profit forecast for the year ending in March, thanks to strong games sales, and said that it would focus on the entertainment market in China.
The company said that it now expects to post a net income of 500 billion yen ($4.5 billion) for the year ending March 2019, up 2% from the 490 billion yen recorded a year ago, in part also due to a favorable exchange rate. Its last forecast for the year ending March 2019 was 480 billion yen.
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