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Sony Financial Holdings Inc Raises Full-year Consolidated Outlook for FY 2013

Thursday, 7 Feb 2013 01:00am EST 

Sony Financial Holdings Inc announced that it has raised its full-year consolidated outlook for revenue from JPY 1,115 billion to JPY 1,157 billion, ordinary profit from JPY 67 billion to JPY 74 billion, net profit from JPY 37 billion to JPY 41 billion, and earnings per share from JPY 85 to JPY 94, for the fiscal year ending March 31, 2013. The Company raised its full-year consolidated outlook mainly due to the increase in sales of life insurance business. According to I/B/E/S Estimates, analysts on average are expecting the Company to report its full-year consolidated outlook for revenue of JPY 1,121.02 billion and net profit of JPY 38.72 billion, for the same fiscal year. 

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