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See the best of Reuters photography. See more | Photo caption Never too old A look at seniors living life and proving that "you are as young as you feel." Slideshow Lindsay Lohan's woes Lindsay Lohan was arrested for leaving the scene of an accident in lower Manhattan. Slideshow Sony game unit pegs profit hope on PS3, handhelds weak Tweet Share this Email Print Related News Nintendo's $300 Wii U goes on sale November 18 in U.S Thu, Sep 13 2012 UPDATE 3-Nintendo to launch Wii U, Super Mario jumps to new level Thu, Sep 13 2012 Hon Hai chairman demands management role at Japan's Sharp Mon, Sep 3 2012 Investors cast doubts on Sharp's future, ability to pay debts Fri, Aug 31 2012 Sony CEO says Vita gaming sales near expectations Thu, Aug 30 2012 Related Topics Tech » Media » By Tim Kelly and Reiji Murai CHIBA, Japan | Thu Sep 20, 2012 3:38am EDT CHIBA, Japan (Reuters) - Sony Corp is relying more heavily on its PlayStation 3 game consoles to make money for its game unit in the year to March, as weak sales of handhelds threaten to undermine a business the company's CEO is banking on to help return his company to profit. Sony's new CEO, Kazuo Hirai, has said growing sales in games, digital cameras, smartphones and tablets, along with new businesses such as medical equipment, will help the consumer electronics company return to profit as it draws back from money-losing TVs. "I think we will be profitable this year," Andrew House, the executive in charge of Sony's gaming unit told Reuters in an interview on the sidelines of the Tokyo Game Show on Thursday. "We have a growing installed base, growing connectivity of the PS3." He declined to say whether his division would improve on the 29 billion yen ($371 million) operating profit posted in the year ended March 31. On August 2, it cut its forecast for sales of Vita and PSP handheld consoles this business year to 12 million from 16 million. Sony's game unit is maintaining its target of an 80 billion yen operating profit on sales of 1 trillion yen in the year to March 2015, the timetable the firm has set for the planned turnaround on which the CEO will be judged. Investors are concerned that Sony will struggle to achieve a turnaround. It has already slashed its earnings outlook since Hirai took office in April. After its first quarter it lowered its annual operating profit prediction to 130 billion yen from 180 billion yen. In the previous twelve months it posted a loss of 67 billion yen. The average estimate of 14 analysts surveyed by Thomson Reuters since then is for operating profit of 110 billion for the 12 months. ($1 = 78.2700 Japanese yen) (Writing by Mayumi Negishi; Editing by Daniel Magnowski) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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