Sony said it is aiming to increae its movie and TV revenue by more than a third in the next three years as it invests in potential hit films. Sony Pictures Entertainment aims to garner between $10 billion to $11 billion in the financial year ending in March 2018, an increase of as much as 36 percent over the $8.1 billion forecast for this business year. It would target an operating profit margin between 7 percent and 8 percent in the year ending March 2018.

Sony also said it is aiming for revenue of $4.8 billion to $5.2 billion from its music division in three years time. Operating profit for the segment would be 10.5~11.5 %, the company said.

Last month, Sony reported a second-quarter operating loss that was smaller than expected, a proof that the Japanese group's restructuring program is paying off.

Sony also announced that it has increased its approximately 250 million U.S. dollars in targeted overhead and procurement savings in its Pictures segment that it announced in November 2013, by 50 million U.S. dollars, for a total of approximately 300 million U.S. dollars. Sony expects these annualized savings to be fully implemented by the end of the fiscal year ending March 31, 2016.

For the fiscal year ending March 31, Sony expects to get 8.1 billion U.S. dollars from its Picture esegment sales and 4.8 billion U.S. dollars from its music segment.