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ID # 14299
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Other
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1
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1
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$ per
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Release Date |
12-31-69
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| Audition Date |
12-31-69
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Submission Deadline |
12-31-69
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| Shoot Date |
12-31-69
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| Casting Category |
1
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6 billion yen, while sales edged down 18
Sales in the music unit fell 8
"In the third quarter of this fiscal year, we will begin implementation in earnest of the restructuring plan we outlined," he said in a statement
Sony Music Entertainment reduced losses for the latest quarter to 6 billion yen ($50 million) from 10 billion yen the previous year by cutting costs in advertising and streamlining operations 9 percent to 12 3 percent to 149 3 billion) from 128 2 percent to 125
Sony officials acknowledge that fiscal 2002 profits were partly a fluke, bolstered by the blockbuster movie "Spider-Man
Sony said that in its electronics business, operating profit for the latest quarter fell 73
But analysts say Sony may have fallen behind in popular products including flat-panel TVs and DVD recorders Sales dipped 9 2 billion yen ($1 billion) from 153 billion yen 3 billion yen in fiscal 2001 1 trillion yen ($9 7 billion yen
Sales for the Tokyo-based company fell 6 Software shipments also fell 8 percent to 117 billion yen ($985 million) from 128 3 billion yen, underscoring a shrinking global music industry battered by piracy and Net file-sharing, according to Sony 1 billion yen ($9 million) in the first quarter of its fiscal year, down from 57 4 billion yen ($20 million) in the latest quarter versus an operating profit of 9
Kazuharu Miura, analyst at Daiwa Institute of Research in Tokyo, said solid results from Sony's restructuring efforts can't be expected to kick in for some time 3 billion yen a year ago "The progress must be gradually assessed," he said 9 percent to 1 6 trillion yen ($13 5 billion yen ($972 million), up more than sevenfold from 15 The company is planning "exciting electronics products" in the second fiscal half, Idei said, promising solid profits by 2006 8 percent to 1
Sony Reports Huge Loss
Jul 24, 9:12 AM EST
<EM>Associated Press</EM>
Japanese electronics and entertainment giant Sony Corp 6 billion yen 3 billion) from 173 2 trillion yen as TV, Vaio and audio equipment sales declined, the company said
Sony said this quarter's "Hollywood Homicide" proved a disappointment while "Charlie's Angels: Full Throttle" required hefty advertising and promotion expenses 0 billion yen ($118 million), up 29 7 trillion yen reported a 98 percent decline in profit for the April-June quarter as sales faltered in key businesses such as electronics, video games, movies and music 6 billion yen ($1 2 billion) from 1 "
Financial services fared better with an operating profit of 14 6 percent to 1
Sony said it expects to meet its targets for the fiscal year through March 2004 of a profit of 50 billion yen ($421 million) on 7
Sony said Thursday it earned 1
Sony Pictures Entertainment recorded an operating loss of 2 65 million units in the quarter from 4
Sales of its Vaio computers are lagging
Worldwide shipments of the PlayStation 2 game machine dropped sharply to 2 8 billion yen, while sales climbed 16
Sony has pledged to turn itself around by investing in computer chip production and other research to offer broadband network gadgets and cutting-edge products that rivals can't easily imitate at lower prices 2 billion yen for the same period last year 8 billion yen ($15 million) from 2
Profits in the video game sector, which had been Sony's star division with hefty profits until recently, slid 31
Sales in the movies unit plummeted 13 percent to 151
Sony set off a plunge in Tokyo share prices in April after it reported a loss in the final quarter of fiscal 2002, setting off worries about the state of Japanese industry, which has been struggling to cut costs and switch strategies amid competition from Asian rivals 8 billion yen ($108 million), down from 49 billion yen a year ago
Nobuyuki Idei, Sony chief executive, said the latest results were weaker than the previous year but still managed to improve on the January-March quarter, when Sony lost 111 billion yen " Sony's profits for the fiscal year ended March 31 totaled 115 4 trillion yen ($62 billion) sales 59 million for the same period last year 7 percent from 10 5 billion) from 1
Strong sellers included Beyonce's "Dangerously in Love," Evanescence's "Fallen" and Ricky Martin's "Almas del Silencio 1 billion yen ($1
The drop in profits in the game sector also reflects increased expenses in research and development for computer chips for future businesses, Sony said
