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 (L) and President Ryoji Chubachi (R) meet the press at the company's headquarters in Tokyo on Jan. 22. Sony said it 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
  • ILEA001131570
  • Registered date
  • 2009/1/22 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2009 Kyodo News
  • Media size
  • 1636 × 1303 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 429.50(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

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