Sony lifts annual profit estimate on lower amortisation costs

By Reuters
April 21,2017
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FILE PHOTO - A reception staff walks under a logo of Sony Corp at its headquarters in Tokyo February 4, 2015. REUTERS/Yuya Shino/File Photo

TOKYO (Reuters) - Japan's Sony raised its operating profit estimate for the year ended March 31 thanks to lower amortisation costs for its financial services segment.

The electronics company said it expected profit of around 285 billion yen ($2.6 billion), up from 240 billion yen estimated in February, it said.

It also cited lower costs for its the image sensor business and other segments.

It reports its full-year results on April 28.

($1 = 109.3400 yen)

(Reporting by Makiko Yamazaki; Editing by Edwina Gibbs)