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Japan-Update

Sony operating profit seen jumping 80% this fiscal year

$4.5bn-plus figure would approach company record

TOKYO -- Sony's group operating profit is expected to rise around 80% in the year ending March 2018 on the back of robust electronics operations, offsetting the impact of numerous obstacles in fiscal 2016.

The Japanese electronics and media giant could log around 500 billion yen ($4.58 billion) in black ink, nearing the 525.7 billion yen record set in fiscal 1997.

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