TOKYO Five years after a painful restructuring that saw significant layoffs, staggering losses and a not-so-surprising exit from the PC market, Sony is back. The giant is riding the recovery of its consumer electronics business towards a nicely balanced profit structure, helped along by its financial services and entertainment operations.
For the year ending March 2018, Sony expects to post a record operating profit for the first time in two decades. After entering a period of stable profit growth, the company now wants to chase new growth through innovation.
Speaking at a strategy meeting on May 23 at the company’s Tokyo…
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