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Sharp sees drop in profit this year as yen benefit fades

12

May

2014

Sharp Corp booked a net profit of 11.6 billion yen ($114.05 million) for the year ended March 31, meeting the conditions for a $4.6 billion rescue arranged by banks last year after the company recorded a 545 billion yen loss in the previous year. It said it was aiming to log a 30 billion yen […]

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Sony slashes 2013/14 profit estimates by more than two-thirds

01

May

2014

TOKYO (Reuters) – Sony Corp slashed its operating profit estimate by nearly 70 percent for the financial year ended March 31, saying it saw an additional 30 billion yen ($293.7 million) in costs from exiting the PC business. The Japanese consumer electronics giant on Thursday cut its operating profit forecast to 26 billion yen from […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Panasonic sees spending $2.9 billion on restructuring this fiscal year and next

27

Mar

2014

Panasonic Corp said on Thursday that it would spend a total of more than 300 billion yen ($2.93 billion) on restructuring this fiscal year ending March 31 and in the following year. The company also said it aims for an operating profit of 310 billion yen for the next financial year, compared with a forecast […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Sharp sees drop in profit this year as yen benefit fades

Sony slashes 2013/14 profit estimates by more than two-thirds

Panasonic sees spending $2.9 billion on restructuring this fiscal year and next

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