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Sony shares soar to nine-year high after forecast of record profit
TOKYO (Reuters) - Shares in Sony Corp (6758.T) soared as much as 11.6 percent to a nine-year high on Wednesday after the Japanese electronics and entertainment firm forecast its best ever annual profit.
Sony raised its full-year operating profit forecast by 26 percent to 630 billion yen ($5.5 billion), citing strong sales of image sensors as well as high-end television sets, underscoring the success of its restructuring efforts.
The Nikkei average .N225 was up 1 percent in morning trade.
($1 = 113.7800 yen)
Reporting by Thomas Wilson; Editing by Edwina Gibbs
Our Standards:The Thomson Reuters Trust Principles.
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