Sony sees first profit in five years (Business updates)

Tokyo: Sony has reported an annual profit for the first time in five years, boosted by asset sales and a weakening yen.
Net profit was 43bn yen ($436m; £280m) in the year to 31 March, compared with a 457bn loss a year earlier.
Sony said the yen’s recent fall, which makes its goods cheaper for foreign buyers, boosted sales. A weak yen also lifts profits when firms repatriate their foreign earnings back home.
But some analysts said gains from asset sales had skewed the latest numbers.
The firm said it expected its profits to rise to 50bn yen in the current financial year, with the yen forecast to remain weak.  — BBC