TMCnet News

Sony Q2 Loss Widens, Backs Full Year Forecast
[October 31, 2014]

Sony Q2 Loss Widens, Backs Full Year Forecast


(dpa-AFX International Compact Via Acquire Media NewsEdge) TOKYO (dpa-AFX) - Consumer electronics maker Sony Corp. (SON.L, SNE) Friday said second-quarter net loss attributable to the company's stock holders widened to 135.97 billion yen from last year's 19.63 billion yen. Loss per share was 124.32 yen compared to 19.25 yen in the prior year.



Sales and operating revenue grew to 1.902 trillion yen from 1.774 trillion yen in the prior year.

The company attributed the sales growth to a significant increase in G&NS segment sales, reflecting the contribution of the PlayStation 4, a sharp rise in Devices segment sales primarily due to the strong performance of image sensors, as well as the favorable impact of foreign exchange rates.


Further, Sony said the forecast for consolidated results for the fiscal year ending March 31, 2015, as announced on September 17, remains unchanged.

Net loss attributable to the company's stock holders is still estimated to be 230 billion yen and sales and operating revenue are expected to be 7.80 trillion yen. Operating loss also is expected to be 40 billion yen.

Copyright RTT News/dpa-AFX

[ Back To TMCnet.com's Homepage ]