Sony cuts earnings forecast

Sony cuts earnings forecast

TOKYO, Japan - Sony Corp. Chairman and CEO Nobuyuki Idei announces a downward revision of group earnings forecast for the fiscal year through next March 31 at a news conference in Tokyo on Sept. 28. The leading consumer electronics maker said it now expects a net profit of 10 billion yen, down from a projection in July of a 90 billion yen profit.

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  • ILEA001086290
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