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Sony poised for first record profit in 20 years

Games, semiconductors, other businesses contribute to balanced earnings

TOKYO -- Sony is expecting its first record group operating profit in 20 years for fiscal 2017, the company announced Tuesday, a comeback attributed to a balanced business model that generates income from wide-ranging operations that extend from electronics to finance.

The Tokyo-based company said it's on track for a 630 billion yen ($5.55 billion) operating profit for the year ending in March. 

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