Toshiba forecasts annual profit drop vs rise expected, limited virus impact

TOKYO (Reuters) - Toshiba Corp forecast on Friday a 15.7% drop in annual operating profit compared with expectations of a small rise in profit, even as a recent portfolio overhaul helps the industrial conglomerate limit the impact of the coronavirus outbreak.It forecast profit of 110 billion yen (800.01 million pounds)for the year through March 2021, down from 130.46 billion yen a year earlier.The outlook compared with the 136.71 billion yen average of 13 analyst estimates compiled by..