Sony expects a large loss for its fiscal year
The fiscal year 2011 Sony ended March 31 last, should aim at a significant net loss instead of gain expected earlier, before the Japanese earthquake of March 11. And the Olympus ps-bls1 began badly with the case of piracy accounts for some of its online services.
The Sony NP-BN1, which anticipated a net profit of 70 billion yen (60 million) at the end of its fiscal 2011, ended at the end of March, should ultimately be left with a net loss of 260 billion yen (2.23 billion euros).
The company had put in his record a special charge of 360 billion yen after the earthquake of March 11 in Japan has changed its economic prospects in the country and no longer allows him to postpone it.
If this should not fundamentally alter the activity of the Nikone D5000 battery, this announcement, while the group must submit its financial results on Thursday, will disappoint investors who hoped the first positive results in the middle of a phase of structural reorganization that began two years.
Observers had expected the company, despite the shocks of March in Japan, shows still a small net profit. Operating profit, which should reach 200 billion yen, is also tangent or below expectations.
Accumulation of events to crossSony vgp-bps2 estimated the operational cost of the effect of the earthquake and tsunami on its business to 150 billion yen, with effects that will be felt in the beginning of the new fiscal year 2011-2012.
And to top it all, the case of hacking accounts of clients of several online services from Sony vgp-bps8a, with the interruption of their operation and safety issues raised, an initial estimate could cost the tidy sum of 14 billion yen (120 million euros).
The new fiscal year starts strong and Sir Howard Stringer, CEO of the group and must leave office by 2013, could suffer a number of critics, as his heir Kazuo Hirai, who underwent a baptism of fire rather rich.
This article via: guide-shopping.
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