FishyJoe on 24 November 2008
| theprof00 said: http://www.sony.net/SonyInfo/IR/financial/fr/viewer/07q4/ I'm not doubting your sources NJ5. What I'm saying is that every report has one specific purpose, and that putting together only some reports leaves a lot of information out of the loop. For example: your margin shows a lower income ratio, but you don't have a graph showing exactly what those numbers are. According to sony global expectations for 2008, profit is down 22% but that doesn't mean they are losing money. As far as the 4x thing, I was talking about operating income. profit from 06 to 07 was 126 billion yen to 369 billion yen, so almost tripled the income. which follows a trend set by your margin graph. Almost three times the margin from 2006. However, if you notice, 2008 expectation profit is only down 22% even though margin is down about 80%. Logically profit would be down 80% according to your graph, but that does not follow from the actual numbers. Sales are up, costs are down. Also, according to x-rates.com http://www.x-rates.com/d/JPY/USD/hist2007.html Japanese yen is dropping slowly against both the US dollar and the Euro. That will be helping in the near future. According to the graph in the link, the yen got violently strong against the other currencies, and is now lulling a bit because of their economy. |
Why are you using old information? The estimates have been heavily revised.
http://www.sony.net/SonyInfo/IR/financial/fr/08revision_sony.pdf
And even this report was made before the economic collapse.
