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Teeqoz on 29 January 2016
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Dark_Feanor said:
Teeqoz said:
Dark_Feanor said:
Teeqoz said:

Had it not been for the recent changes in foreign exchange rates, this fiscal year would actually have been the best fiscal year for Playstation ever, iirc, and that is before Q4 numbers.

So how is the balance Sony and others Japanese companies need for max profit?

Dolar is strong than ever agains Euro, Yen and others.

 

Strong dollar hurts Sony because they have a lot of dollar denominated costs.

Ok, but as I recall Sony and Japanese companies in general strugled the last decade because the strong Yen.

That was I'd read for years. Now, Yen is almost 50% below 5 years ago levels.

Is this situatuation better or worst? They can't have both ways.

 

I'm saying this situation is worse currency-wise than what it was in FY2015. Beyond that, I don't know, I haven't been following Sony much longer than that.