Japan’s second- largest manufacturer Hitachi raised its full-year profit forecast by 40 percent after proceeds from selling its hard-disk drive unit exceeded the company’s estimate, Bloomberg Businessweek reported.

The company expects record net income of 280 billion yen ($3.3 billion) for the year ending March 31, compared with its previous estimate of 200 billion yen, Tokyo-based Hitachi said in a statement March 15. The new goal is 17 percent higher than the 238.9 billion yen profit it posted a year earlier.

The maker of nuclear reactors, train cars and air- conditioners will post a 191 billion yen gain from the sale of its hard-disk drive unit to Western Digital Corp. (WDC), 81 billion yen more than estimated, the company said March 9.

Sales and operating profit estimates remain the same.