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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

TOKYO (Reuters) - 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 8 591 B
EBIT 2018 -
Net income 2018 496 B
Finance 2018 851 B
Yield 2018 0,52%
P/E ratio 2018 14,21
P/E ratio 2019 14,27
EV / Sales 2018 0,70x
EV / Sales 2019 0,64x
Capitalization 6 887 B
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 6 475  JPY
Spread / Average Target 19%
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Managers
NameTitle
Kenichiro Yoshida Chief Executive Officer & Representative Director
Kazuo Hirai Chairman
Tomoyuki Suzuki Executive VP, Head-Research & Development Platform
Kazuhiko Takeda Chief Information Officer & Head-Accounting
Fumiaki Sakai Executive Officer & Head-Information Systems
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