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Sony is still on track to record its most profitable year on record, which is mind-boggling when you consider the state the company was in just a few years ago. Ever since Push Square started we’ve been reporting on the Japanese giant’s dire financial straits, but former PlayStation president Kaz Hirai has completely resurrected the firm’s fortunes in recent years – and it’s about to seriously reap the rewards.

An extremely positive financial report released earlier today saw it record a net profit of ¥211.7 billion for the six month period ending 30th September, boosted by the performance of both the PlayStation 4 and the Spider-Man: Homecoming movie. The company now expects to log operating profits in the region of ¥‎630 billion for the fiscal year as a whole, smashing the organisation’s previous record of ¥‎526 billion in 1998.

[via ft.com]