Sony eyes record 1 tril. yen net profit on entertainment boost

Sony Corp. raised Wednesday its net profit outlook for the year through March to a record 1.09 trillion yen ($10 billion), propelled by the popularity of its new PlayStation 5 game console and a continued boost from "Demon Slayer," a blockbuster anime movie.The new projection means Sony's net profit will break the 1 trillion yen mark for the first time, surpassing its previous record high of 916.27 billion yen in the business year through March 2019.The previous forecast was a net profit of 800 billion yen, and the latest revision would mark an 86.4 percent increase from a year ago.Revenue …READ FULL ARTICLE