Sony to incur largest-ever loss for FY 08, step up cost cuts

Sony to incur largest-ever loss for FY 08, step up cost cuts

TOKYO, Japan - Sony Corp. Chairman and Chief Executive Officer Howard Stringer reacts during a news conference at the company's headquarters in Tokyo on Jan. 22. Sony expects to incur its largest-ever loss for the year to March, hit by the yen's sharp appreciation and slumping sales of its electronics products, and that it will step up cost-cutting efforts to deal with the global economic downturn.

  • Product Code
  • ILEA001131564
  • Registered date
  • 2009/1/22 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2009 Kyodo News
  • Media size
  • 1303 × 1556 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 617.15(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    Gibson Guitar to buy 54% stake in Teac

    Gibson Guitar to buy 54% stake in Teac

    TOKYO, Japan - Photo shows Yuji Hanabusa (R), president of Teac Corp., playing the guitar, and Henry Juszkiewicz, chairman and CEO of Gibson Guitar Corp., at a press conference in Tokyo on March 29, 2013. U.S. guitar maker Gibson Guitar announced the same day it is buying a controlling 54.4 percent stake in Japanese audio equipment manufacturer Teac for about 4.8 billion yen.
      Gibson Guitar to buy 54% stake in Teac

      Gibson Guitar to buy 54% stake in Teac

      TOKYO, Japan - Photo shows Henry Juszkiewicz (L), chairman and CEO of Gibson Guitar Corp., and Yuji Hanabusa, president of Teac Corp., at a press conference in Tokyo on March 29, 2013. U.S. guitar maker Gibson Guitar announced the same day it is buying a controlling 54.4 percent stake in Japanese audio equipment manufacturer Teac for about 4.8 billion yen.
        'Kumamon,' popular mascot for Kumamoto

        'Kumamon,' popular mascot for Kumamoto

        TOKYO, Japan - Photo shows ''Kumamon,'' the official black bear mascot for the southwestern Japanese prefecture of Kumamoto, when it visited the Kyodo News headquarters in Tokyo on Jan. 25, 2013. Sales of products featuring Kumamon swelled to at least 29.36 billion yen in 2012, about 11 times more than those of the previous year, local officials said Feb. 20, 2013.
          'Kumamon,' popular mascot for Kumamoto

          'Kumamon,' popular mascot for Kumamoto

          TOKYO, Japan - Photo shows ''Kumamon,'' the official black bear mascot for the southwestern Japanese prefecture of Kumamoto, when it visited the Kyodo News headquarters in Tokyo on Jan. 25, 2013. Sales of products featuring Kumamon swelled to at least 29.36 billion yen in 2012, about 11 times more than those of the previous year, local officials said Feb. 20, 2013.
            'Kumamon,' popular mascot for Kumamoto

            'Kumamon,' popular mascot for Kumamoto

            TOKYO, Japan - Photo shows ''Kumamon,'' the official black bear mascot for the southwestern Japanese prefecture of Kumamoto, when it visited the Kyodo News headquarters in Tokyo on Jan. 25, 2013. Sales of products featuring Kumamon swelled to at least 29.36 billion yen in 2012, about 11 times more than those of the previous year, local officials said Feb. 20, 2013.
              Toyota ups profit outlook

              Toyota ups profit outlook

              TOKYO, Japan - Toyota Motor Corp. Executive Vice President Satoshi Ozawa speaks during a press conference in Tokyo on Nov. 5, 2012. The automaker raised its group operating profit projection for the current business year through March to 1.05 trillion yen, from an earlier projected 1 trillion yen, on brisk sales in Southeast Asia and North America, despite declining sales in China.
                Sony incurs loss

                Sony incurs loss

                TOKYO, Japan - Sony Corp. Chief Financial Officer Masaru Kato speaks during a press conference in Tokyo on Nov. 1, 2012. Sony remained in the red in the April to September period of 2012 with a group net loss of 40.11 billion yen.
                  Sharp foresees record net loss

                  Sharp foresees record net loss

                  TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.
                    Rakuten to launch e-book service July 19

                    Rakuten to launch e-book service July 19

                    TOKYO, Japan - Rakuten Inc. Chairman and Chief Executive Officer Hiroshi Mikitani holds Kobo Inc.'s proprietary Kobo Touch e-book reader during a press conference in Tokyo on July 2, 2012. Rakuten, a major Japanese online shopping mall operator, said it will launch an electronic book service in Japan on July 19 using Kobo, the Canadian e-book marketer it acquired in January.
                      Canon Chairman Mitarai to return as president

                      Canon Chairman Mitarai to return as president

                      TOKYO, Japan - File photo taken in Tokyo on Dec. 22, 2009, shows Canon Inc. Chairman Fujio Mitarai. Canon said Jan. 30, 2012, that the 76-year-old Mitarai, who was president of the company from 1995 to 2006, will return as president on March 29 to help it achieve its targets through 2015 amid uncertain business prospects stemming from the eurozone debt crisis.