Sony upgrades full-year forecast as electronics sales surge

Operating profit expected to rise 3% despite slowdown in gaming business

20210804 sony camera

Demand for high-end digital cameras recovers from the coronavirus downturn. (Photo by Wataru Ito)

JADA NAGUMO, Nikkei staff writer

TOKYO -- Sony Group showcased its strengths as an electronics maker on Wednesday, revising up its annual net profit forecast by 40 billion yen ($366 million) on the back of strong sales in digital cameras.

The Japanese conglomerate expects a net profit of 700 billion yen for the year ending March 2022. It trimmed its profit decline from a year earlier to 32% -- previously Sony predicted net profit to drop 36% this year.

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