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Sony Board Discussing Sony Financial Acquisition, Will Promptly Announce When Ready
Sony CFO Says Expect Profit Drop Of At Least Around 30% For Current Financial Year
Sony Says To Announce FY Earnings On May 13 Instead Of April 30
Sony Corporation is engaged in the development, design, production, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer, professional and industrial markets such as network services, game hardware and software, televisions, audio and video recorders and players, still and video cameras, mobile phones, and semiconductors. The Company engages in the development, production, manufacture, and distribution of recorded music and the management and licensing of the words and music of songs as well as the production and distribution of animation titles, including game applications based on animation titles. It also engages in motion pictures and television programming and television and digital networks business, and various financial services businesses. It includes Mobile Communications, Game & Network Services, Music, Films, Home Entertainment & Sound, Imaging Products & Solutions, Semiconductors, Financial Services and All Other segments.
Audio & Video Equipment
Chairman of the Board
President, Chief Executive Officer, Representative Executive Officer, Director
Vice Chairman of the Board
Senior Managing Executive Officer, Chief Financial Officer, Representative Executive Officer, Director
Senior Managing Executive Officer, Chief Director of Digital Imaging, President of Subsidiary
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A court has ruled that a unit of Japan's Sony Corp broke the consumer law by denying customers refunds for faulty PlayStation games and ordered the company to pay a A$3.5 million ($2.4 million) fine, Australia's consumer watchdog said.
Sony is reinventing itself, sort of. The Japanese giant is buying the rest of its financial arm for $3.7 billion, while a new holding company structure clumsily attempts to reposition Sony beyond its electronic roots. At least it's managing the sprawl, even if it that means...
Sony Corp <6758.T> said on Tuesday it will turn its listed financial arm, Sony Financial Holdings Inc <8729.T>, into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion).
* SONY: BOARD DISCUSSING SONY FINANCIAL ACQUISITION, WILL PROMPTLY ANNOUNCE WHEN READY Source text for Eikon: Further company coverage: [ ]
Sony Corp will turn its financial arm, Sony Financial Holdings Inc, into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported.
Sony Corp on Thursday said it would make its cash-cow image sensors smarter to broaden their application, as the Japanese electronics maker seeks to reduce reliance on a saturated smartphone market.
Financial forecasts and the coronavirus pandemic are impacting all parts of Sony's business, but the PlayStation 5 console will be released as scheduled.
Sony Corp <6758.T> expects operating profit to drop at least 30% this financial year to its lowest in four years as the company anticipates a hit to demand for its TVs, cameras and smartphone image sensors from the coronavirus outbreak.
* SONY CFO SAYS EXPECT PROFIT DROP OF AT LEAST AROUND 30% FOR CURRENT FINANCIAL YEAR Source text for Eikon: Further company coverage: [ ]
Japan's Sony Corp on Wednesday reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to uncertainty related to the coronavirus outbreak.
Japan announced on Friday a list of its firms subject to tighter foreign ownership rules, including majors such as Toyota Motor Corp <7203.T> and Sony Corp <6758.T>, as the United States and Europe step up scrutiny of industries key to national security.
Sony Corp said on Friday it will manufacture and donate medical face shields to hospitals in Japan, amid worries about the availability of protective equipment for healthcare workers dealing with the coronavirus pandemic.
* SONY & PANASONIC KEEPING MALAYSIAN FACTORIES CLOSED LONGER THAN PLANNED AFTER RESTRICTIONS EXTENDED AGAIN FOR ANOTHER 2 WEEKS -NIKKEI
Chinese video site Bilibili <BILI.O> will receive $400 million equity investment from Sony Corp America, Bilibili said Thursday, as the two companies seek to further collaborate in entertainment to attract China's Gen Z.
Sony Corp <6758.T> said on Friday the scale of the impact from the coronavirus outbreak would be large enough to eliminate the entire upward revisions to its annual earnings forecasts made in February.
Amazon.com Inc on Monday tapped Sony Corp executive Mike Hopkins to lead its Prime video platform as well as its movie and television studios.
Amazon.com Inc named Sony Corp executive Mike Hopkins to lead its Prime video platform as well as its movie and television studios, the Wall Street Journal reported on Monday.
Sony Corp raised its annual profit outlook on strong sales of smartphone image sensors after reporting a smaller-than-expected decline in quarterly profit, but it warned of an impact from the Wuhan coronavirus on its global supply chain.
Sony Corp on Tuesday reported a 20% decline in third-quarterly profit due to the absence of an accounting gain that boosted its year-earlier result, though strong sales of image sensors helped it beat estimates and raise its annual outlook.
Hedge fund Third Point on Thursday called on Sony Corp <6758.T> to keep divesting non-core assets and said it opposes the U.S. Securities and Exchange Commission's proposed rule on proxy advisers.
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