ethomaz said:
I think the biggest factor is the sale of two big buildings. |
Quite right, for some reason I thought that was back in Q3.
ethomaz said:
I think the biggest factor is the sale of two big buildings. |
Quite right, for some reason I thought that was back in Q3.
Was the Yen weak or strong during that quarter.
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Added IR News with the operational income to be posted due the sales of the two buildings (~$1.1 billion).
Added sales of the M3 and DeNA’s shares to be posted in this fiscal years (~$1.5 billion).
If Sony didn't post profit selling 2.6 billion dollars in assets and shares then the company is doing worst than I expected.
So basically if the profits only come from the selling of the buildings and shares they ain't doing so well eh.
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Otakumegane said: So basically if the profits only come from the selling of the buildings and shares they ain't doing so well eh. |
It's not so black and white. iirc (too lazy to go through financials) they already profit in certain divisions like financial services. But the important thing is that they reducing their losses in divisions like TV which is positive news in the long run. I beleive they are still planning on making their tv division post profits next financial year with a heavy focus on high end profitable tvs. Sony has been in such a tough situation that it will take time to fully recover so what's important is to see if they are making progress. Weakening yen, selling assets and investments in the right places (imo) should see to that
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Otakumegane said: So basically if the profits only come from the selling of the buildings and shares they ain't doing so well eh. |
Sony is not doing well... the sales are to post profit in the fiscal year... they already have a net loss of $510 million acumuled for the FY2012.
So even with the selling I expect profit close to $500 million and not to $2 billion.
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