The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2018 AFPSony profits soar nearly seven-fold to Y490.8 bil
By Kazuhiro Nogi TOKYO©2024 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© 2018 AFP
5 Comments
Login to comment
darknuts
I wonder how much of that increase end in the pockets of the hard working men and women of Sony Corp.
Matt Hartwell
Thats incredible. A 7 fold turnaround? Has to be a lot of asset sales in that mix surely. More than indicated here tbh.
socrateos
In comparison to many other Japanese companies, whose wage increase for 2018 is somewhere between 2 and 3 %, Sony's wage increase is 5%.
It's combinations of (1) increased sales in all aspects of their business except mobile phones, (2) favorable exchange rates, and (3) relatively poor performance in previous year.
https://www.sony.net/SonyInfo/IR/library/presen/er/17q4_sonypre.pdf
Matt Hartwell
There is nothing wrong with Sony phones either its just such a crazily competitive market for smartphones and its probably going to be that way for some time. There was talk, a couple years ago, that Sony will stop making smartphones.
darknuts
@socrateos
Thats good to hear.