Sony's fourth-quarter net loss of 154 million US dollars |

Fenghuang Wang Technology Co., Ltd. Beijing time April 27 news, Sony today announced the fiscal year ended March 31 in the fourth quarter and the full fiscal year 2017. Financial report shows that Sony's fourth-quarter revenue was 1.9510 trillion yen (Approx. 17.858 billion U.S. dollars), an increase of 2.5% from 1.9036 trillion yen in the same period of last year; Net loss attributable to Sony shareholders at 16.8 billion yen (about 154 million U.S. dollars), a net profit of 27.7 billion in the same period of last year JPY.

Sony's opening price on the Tokyo Stock Exchange today is 5453 yen. As of Friday's close, Sony's stock price has fallen by 43 yen to close at 5,400 yen, a decrease of 0.79%. Sony's stock price has been highest at 5,738 yen over the past 52 weeks. The lowest is 3735 yen. The fourth quarter results highlights:

- 19 million PS4s sold throughout the year;

- Revenue was 1.9510 trillion yen (about 17.758 billion U.S. dollars), an increase of 2.5% from 1.9036 trillion yen in the same period of last year;

- Restructuring expenditure was 15.3 billion yen (about 140 million U.S. dollars), down 26.6 percent from 20.8 billion yen in the same period of last year;

- Depreciation and amortization expense was 103.3 billion yen (approximately 946 million U.S. dollars), an increase of 53.0% from 67.5 billion yen in the same period last year;

- R&D expenses were 132.1 billion yen (approximately 1.209 billion U.S. dollars), an increase of 8.0% from 122.3 billion yen in the same period of last year;

- Operating profit was 22.2 billion yen (approximately US$203 million), a 76.5% decrease from the 94.40 billion yen recorded in the same period of last year;

- The profit before tax was 8.5 billion yen (about 78 million US dollars), which was a drop of 90.4% from 87.9 billion yen in the same period of last year;

- The net loss attributable to Sony shareholders was 16.8 billion yen (about 154 million US dollars), and the net profit for the same period last year was 27.7 billion yen;

- The diluted loss per share attributable to Sony shareholders was 13.30 yen (approximately US$0.12), and the diluted earnings per share for the same period last year was 21.45 yen.

Fourth quarter results:

- Gaming and Internet services revenue was 444.6 billion yen (about 4.069 billion U.S. dollars), an increase of 16.4% from 381.8 billion yen in the same period of last year; operating profit was 19.6 billion yen (about 179 million U.S. dollars), Compared with 22.5 billion yen in the same period of last year, it dropped by 12.9%;

- Music sector revenue was 206.4 billion yen (about 1.889 billion U.S. dollars), an increase of 16.6% from 177 billion yen in the same period last year; Operating profit was 30.9 billion yen (about 283 million U.S. dollars), compared with the previous year 15.4 billion yen in the same period increased by 100.6%;

- Revenue from the film industry was 300.9 billion yen (about 2.754 billion U.S. dollars), a decrease of 0.5% from 302.5 billion yen in the same period of last year; Operating profit was 32.4 billion yen (approximately 297 million U.S. dollars). In the same period of the year, 33.7 billion yen decreased by 3.9%;

- Revenue from the home entertainment and audio products division was 235.1 billion yen (US$2.152 billion), an increase of 9.5% from 214.8 billion yen in the same period of last year; Operating loss was 7.3 billion yen (about US$67 million) , Compared with the same period last year, operating loss of 5.2 billion yen was expanded by 40.4%;

- Revenue from the Imaging Products and Solutions Division was 162.4 billion yen (US$1.486 billion), an increase of 4.8% from 154.9 billion yen in the same period of last year; operating profit was 6.9 billion yen (about US$63 million) , an increase of 81.6% over the 3.8 billion yen in the same period of the previous year;

-- Revenues from the mobile communications sector amounted to 153 billion yen (US$1.4 billion), a decrease of 1.9% from 155.9 billion yen in the same period of last year; Operating loss was 44.6 billion yen (approximately US$408 million). Year-on-year operating loss of 15.2 billion yen increased 193.4%;

- Semiconductor sector revenue was 166.5 billion yen (about 1.524 billion U.S. dollars), a decrease of 17.2% from 2011 billion yen in the same period last year; Operating loss was 1.3 billion yen (about 12 million U.S. dollars), the same period last year Achieved operating profit of 12.8 billion yen;

- Financial services sector revenue was 272.7 billion yen (about 2.496 billion U.S. dollars), a decrease of 0.9% from 27.51 billion yen in the same period of last year; Operating profit was 39.8 billion yen (approximately 364 million U.S. dollars). Year-on-year 55.3 billion yen fell by 28.0%.

Fiscal 2017 performance highlights:

- Revenue was 8.5440 trillion yen (approximately US$78.023 billion), an increase of 12.4% over the previous year's 7.6033 trillion yen;

- Operating profit was 734.9 billion yen (about 6.727 billion U.S. dollars), an increase of 154.5% over the previous year's 288.7 billion yen;

- Profit before tax of 699 billion yen (approximately US$6.398 billion), an increase of 177.8% over the previous year's 25.16 billion yen;

- Net profit attributable to Sony shareholders was 490.8 billion yen (approximately US$4.492 billion), an increase of 569.7% over the previous year's 73.3 billion yen;

- Diluted earnings per share attributable to Sony shareholders was 379.75 yen (approximately 3.48 US dollars), an increase of 567.5% from 56.89 yen of the previous year.

Prospects for the 2018 fiscal year:

- Sales of 16 million PS4;

- Revenue was 8.3 trillion yen (approximately USD 75.97 billion), a 2.9% decrease from the previous year's 8.544 trillion yen;

- Operating profit was 670 billion yen (about 6.131 billion U.S. dollars), a decrease of 8.8% from 734.9 billion yen of the previous year;

- Net profit attributable to Sony shareholders was 480 billion yen (approximately US$4.393 billion), a decrease of 2.2% from 490.8 billion yen of the previous year.

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