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Sony Corp (6758.T)

6758.T on Tokyo Stock Exchange

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Wed, Feb 15 2017

BRIEF-Sony to transfer imaging products & solution business to wholly owned subsidiary

* Says it will transfer the imaging products and solution business to its wholly owned subsidiary, which has been engaged in the manufacturing and sales of electron and electricity machine and equipment in Tokyo, Japan

BRIEF-Sony and Murata Manufacturing change business transfer date to July

Feb 15 Sony Corp and Murata Manufacturing Co Ltd :

Fitch: Current Problems Delay, Not Derail, Sony's Turnaround

(The following statement was released by the rating agency) SEOUL/SYDNEY, February 03 (Fitch) Sony Corporation's (BB/Positive) strong commitment to increasing profitability through restructuring and cost-cutting will improve its credit profile over the medium to long term, although the struggling movie and smartphone businesses may delay Sony's recovery and overshadow its expanding semiconductor and solid gaming businesses in the short term, says Fitch Ratings. The company's theatrical rev

Nikkei edges down in choppy trade; bank shares outperform

TOKYO, Feb 3 Japan's Nikkei edged down in choppy trade on Friday, as investors awaited the release of the U.S. monthly jobs report that will set the tone for the Federal Reserve's policy outlook, while bank stocks outperformed on higher yields.

Sony rules out pictures biz sale, committed to turnaround

TOKYO Sony Corp on Thursday said it does not plan to sell its pictures business after suffering a $1 billion writedown, and instead aims to turn it around by adding sales channels and making more use of movie characters.

UPDATE 2-Sony rules out pictures biz sale, committed to turnaround

* Pictures profit sacrificed during electronics turnaround -CFO (Adds CFO comments, earnings details, background)

BRIEF-Sony CFO says no possibility of selling pictures business

* pictures segment unlikely to achieve earnings target in year ending March 2018

Sony cuts annual profit view on movie business writedown

TOKYO, Feb 2 Sony Corp on Thursday cut its full-year outlook for operating profit on Thursday after the Japanese TV-to-gaming group took a $1 billion writedown on its struggling movie business.

Sony takes $1 billion writedown on its movie business

TOKYO Sony Corp will write down the value of its movie business by nearly 112.1 billion yen ($976 million) in the third quarter, blaming weaker film profits as online streaming services sap demand for movie DVDs.

UPDATE 4-Sony takes $1 bln writedown on its movie business

* To record 37 bln yen gain within operating income from sale (Adds background on market share)

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