Sony reduced annual revenue and profit, but a year later promises to recoup

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POSTER: computer news   ||   SONY REDUCED ANNUAL REVENUE AND PROFIT, BUT A YEAR LATER PROMISES TO RECOUP	DATE:2017-04-30
On Friday, Sony published a financial report on its work for the 2016 financial year (completed March 31, 2017).  Over the reporting period, with few exceptions, the company's financial indicators fell by one or another amount.  Revenue growth and profit showed only one unit - Game & Network Services.  But in 2017, the company promises to drastically increase operating profit, which should be a record figure for the past 20 years.  So, in 1998, on the wave of good electronics sales and the success of the console game "Men in Black", Sony's operating profit reached 526 billion yen.  In March 2018, the company promises to show operating profit of 500 billion yen.  For the entire 2016, for comparison, the company showed operating profit of 288.7 billion yen (approximately $ 2.57 billion).  In other words, during the new financial year the company promises to increase operating profit by 73%. In general, the growth in operating profit promises to happen due to the growing demand for Sony image sensors for smartphones.  In addition, in the spring of the last year, another earthquake in Japan partially damaged Sony's semiconductor factories, which required restoration and reduced production volumes.  Restored production and high demand will create a growth point for the company.  In general, over the past year, the company raised 7.6 trillion yen ($ 67.9 billion), which is 6.2% less than the previous year.  Operating arrived for the year decreased by 1.9%.  The company's net profit for the period fell by 50.4% to 73.3 billion yen ($ 654 million). The revenues of the Mobile Communications division are Sony smartphones - for the year it decreased by 32.7% to $ 6.78 billion. Among the merits of the company in this direction - last year's operating losses were replaced by a net profit of $ 91 million. The Game & Network Services division in pluses as By revenue (6.3%, $ 14.73 billion for the year), and operating profit (+ 52.9%, $ 1.21 billion for the year).  The division of Imaging Products & Solutions (video and cameras, lenses, and others) cut sales by 15.3% to $ 5.175 billion. The company's operating profit fell by 31.8% to $ 422 million. The division of Entertainment & Sound reduced revenues by 10.4%, which amounted to $ 9.27 billion. The operating profit, however, increased by 15.7% to $ 522 million. The Semiconductors division increased its revenue by 4.6% to $ 6.903 billion But operating profit showed a loss of $ 70 million. Components - batteries, batteries and information carriers - brought the company $ 1.74 billion a year, or 13% less than a year earlier.  Alas, this did not bring profit.  The company showed an annual operating loss of $ 540 million. The Pictures Division also drives the company into operating losses (this time at $ 719 million).  The revenue of the division for the year decreased by 3.7% to $ 8.06 billion. The Music division was in positive territory for operating profit ($ 677 million), but for the year it decreased by 12.4%.  The music division's revenue increased 4.6% year-on-year to $ 5.783 billion. Finally, Sony's net financial performance for the year was 1.3% up or $ 9.71 billion. Operating profit in this direction increased 6.3% to $ 1,486 Billion   Related Products :

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