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Sony may be on the cusp of stock price revival

Conglomerate well-positioned to keep up pre-earnings rally where others failed

A strong showing by the newest "Spider-Man" movie would likely give a boost to a PlayStation 4 game due out in 2018.   © Marvel Studios 2017. 2017 CTMG. All Rights Reserved.

TOKYO -- As healthy earnings results continue to go unrewarded in Japan's stock market, observers are looking to Sony to buck the trend and provide a new direction.

The electronics and entertainment giant is believed to be off to a strong start this fiscal year. Group operating profit is seen topping 100 billion yen ($905 million) for the first time in a decade for the April-June quarter, up from the year-earlier 56.1 billion yen, thanks to brisk sales of smartphone image sensors, 4K televisions and digital cameras. This would put the company on track toward its first record profit in 20 years.

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