Related topics: sales · net profit · sony corp · fiscal year · operating profit

Sony sinks to $1.3B quarterly loss on PC expenses (Update)

Sony Corp. sank to a 138 billion yen ($1.3 billion) quarterly loss, hit by costs from selling its personal computer business, and is forecasting more red ink as it struggles to execute a long-promised turnaround.

Nintendo sinks to loss on lagging Wii U sales

Nintendo Co. sank to a loss for the fiscal year ended March as sales of its Wii U game machine continued to lag, but the Japanese manufacturer of Pokemon and Super Mario games promised Wednesday to return to profit this year.

Fujitsu returns to profit with healthy sales

Japan's Fujitsu swung back to profit in the three months to December thanks to brisk sales in PCs and networking services for public and business customers, as well as a weaker yen, the company said Thursday.

Nintendo chief stays on, health business planned

Nintendo has been unable to arrest a slide in console sales as more people play games on smartphones and tablets. The company's apparent solution? A move into health care.

Nintendo profit falls on sluggish Wii U sales (Update)

Profit at Nintendo Co. fell 30 percent in the first nine months of the fiscal year as sales of Wii U home consoles, 3DS devices and game software languished. Top executives announced they would take pay cuts.

Sony back in black on cheap yen, healthier sales

Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.

Sony April-December loss shrinks 75%

Japanese electronics giant Sony said on Thursday that its net loss from April to December shrank 75 percent on-year and added that it remains on track to achieve its forecast of a full-year profit.

Panasonic, Sharp expect red ink despite yen help

Japanese electronics makers Panasonic Corp. and Sharp Corp. both stuck to full year forecasts for massive losses even as results for the latest quarter got a boost from the weaker yen.

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