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Sony Raises Profit Forecast on Games, Computers

Sony Corp., Japan’s biggest exporter of consumer electronics, raised its full-year profit forecast 17 percent, citing improved earnings at its games and personal-computer businesses.

Net income in the year ending March 31 will be 70 billion yen ($868 million), compared with a previous projection of 60 billion yen, Sony said in a statement today. The company cut its full-year sales forecast to 7.4 trillion yen from 7.6 trillion yen, citing the stronger Japanese currency.