You are here

Sony cuts FY outlook again as film writedown hits quarterly profit

Friday, February 3, 2017 - 05:50

Mr Hirai will now focus on shoring up profitability and expanding business in new regions such as China.


SONY Corp cut its full-year profit forecast a second time after posting quarterly earnings that missed estimates on a writedown at its struggling movie division.

Net income will be 26 billion yen (S$326 million) in the 12 months ending March, down from an already-reduced

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom