According to a report from Japanese newspaper Nikkei (translated by Andriasang), Sony will be reporting its fiscal 2011 first quarter results (April 1 through June 30) in the coming days, posting an operating profit somewhere between 10 billion ($114.63 million) and 30 billion yen ($343.89 million). Among the factors contributing to Sony's reported profits was the games division, apparently achieving as much through "cost-cutting measures."

If this report is accurate, the company will be improving year-over-year profits by anywhere from $382.63 to $611.89 million -- not to mention enjoying a rare, profitable quarter for the gaming division. Sony refused to comment on the report, and the company's official release and conference call won't take place until this coming Thursday.

This article was originally published on Joystiq.