Sony on Wednesday raised its earnings estimates, citing higher sales of camera sensors and videogames. Sony said it made an operating profit of 68 billion yen ($569 million) in the year ended March 31, compared with 26.5 billion yen a year earlier. That compares with its previous estimated operating profit of 20 billion yen.

The company also narrowed its overall net loss estimate to 126 billion yen from 170 billion yen, and raised its revenue estimate to 8.21 trillion yen from 8.0 trillion yen.

The new forecast is the result of Sony's long-haul restructuring efforts after weak TV and smartphone sales brought years of heavy losses. As part of its restructuring, Sony has spun off its TV business, and also plans split off its audio and video business. Chief Executive Kazuo Hirai has managed to cut cossts and narrowed the company's focus on image sensors for smartphone cameras.