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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 CET
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 8 501 B
EBIT 2018 -
Net income 2018 381 B
Finance 2018 788 B
Yield 2018 0,62%
P/E ratio 2018 16,98
P/E ratio 2019 15,87
EV / Sales 2018 0,66x
EV / Sales 2019 0,61x
Capitalization 6 379 B
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 5 789  JPY
Spread / Average Target 15%
EPS Revisions
Managers
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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