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Sony Corporation (SNE)
Sony division losses to increase by $337m

GamesIndustry - January 22, 2008

Submitted by welshbloke (60) at 2:07AM PST on January 22, 2009

Sony Corporation has said that it expects to record a net loss of JPY 150 billion (USD 1.68 billion y expects games/ EUR 1.29 billion) for the financial year ending March 2009. The company's PlayStation games division is expected to increase losses by approximately JPY 30 billion (USD 337 million / EUR 258 million) in the financial year, half of which is due to lower than expected sales.

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