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Home > News > Company News > Sony back on track

Sony back on track

  • Author:Ella Cai
  • Release on:2017-08-01
Sony’s turnaround under Kaz Hirai looks on track to return to the glories of its golden age.

Sony made $1.43 billion profit in Q2 – its highest ever Q1 profit beating the previous Q1 record profit of $1.09 billion set in Q1 2007.

The recovery of the image sensor business from last year’s earthquake saw the operation make a profit of $500 million.

Sony is sticking to its forecast of $4.53 billion profit for the year to March 2018.

This would be the highest profit since Sony’s best-ever year – the FY to the end of March 1998 – when it made profits of $4.77 million.