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Sony Corp Issues FY 2014 Mixed Guidance-Conference Call

Thursday, 9 May 2013 09:00am EDT 

Sony Corp announced that for fiscal 2014, it expects consolidated sales to increase approximately 10% year on year, to JPY7,500 billion, due to the depreciation of the yen and an expected increase in sales in the Electronics businesses and consolidated operating income to be essentially flat year on year, at JPY230 billion, due to the increased sales and improved operating results of the Electronics businesses. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of JPY7,063 billion and EBIT of JPY246 billion for fiscal 2014. 

Company Quote

-0.09 -0.51%
3:49pm EDT