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4-Traders Homepage  >  Equities  >  Tokyo  >  Sony Corp    6758   JP3435000009

SONY CORP (6758)

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Sony : lifts annual profit estimate on lower amortisation costs

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04/21/2017 | 08:39am CEST
Sony Corp's logo is seen on its Crystal LED Integrated Structure display at its headquarters in Tokyo

Japan's Sony Corp raised its operating profit estimate for the year ended March 31 thanks to lower amortisation costs for its financial services segment.

The electronics company said it expected profit of around 285 billion yen (£2.04 billion), up from 240 billion yen estimated in February, it said.

It also cited lower costs for its the image sensor business and other segments.

It reports its full-year results on April 28.

(Reporting by Makiko Yamazaki; Editing by Edwina Gibbs)

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Financials ( JPY)
Sales 2018 8 020 313 M
EBIT 2018 637 000 M
Net income 2018 292 065 M
Finance 2018 979 472 M
Yield 2018 0,75%
P/E ratio 2018 18,61
P/E ratio 2019 16,74
EV / Sales 2018 0,56x
EV / Sales 2019 0,51x
Capitalization 5 432 706 M
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 4 639  JPY
Spread / Average Target 7,9%
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NameTitle
Kazuo Hirai President, Chief Executive Officer & Director
Kenichiro Yoshida CFO, Director & Representative EVP
Fumiaki Sakai Chief Information Officer
Osamu Nagayama Independent Outside Director
Takaaki Nimura Independent Outside Director
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Sector and Competitors
1st jan.Capitalization (M$)
SONY CORP30.84%48 541
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