Sony's FY2013 profit forecasts double

Sony Corporation has doubled its profit forecast for the year, confirming it will publish its latest financial report for the year ended March 31 on May 9.

As reported by GI.biz, the platform holder increased its forecast from 20 billion yen to 40 billion yen. In addition, expectations for operating income also climbed from 130 billion yen to 230 billion yen.

This follows the company’s decision to flog its shares in M3, as well as combining three of its Asian offices into one division.

Stay tuned for more information on Sony’s latest financials on May 9.

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