{"id":7556,"date":"2018-04-27T06:08:22","date_gmt":"2018-04-27T10:08:22","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=3f3f88d789c24971f8173c917157a985"},"modified":"2018-04-27T06:08:22","modified_gmt":"2018-04-27T10:08:22","slug":"sony-sinks-into-quarterly-loss-racks-up-hefty-annual-profit","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/27\/sony-sinks-into-quarterly-loss-racks-up-hefty-annual-profit\/","title":{"rendered":"Sony sinks into quarterly loss, racks up hefty annual profit"},"content":{"rendered":"<p>TOKYO &#8212; Japanese entertainment and electronics company Sony Corp. has posted a loss in the January-March, quarter, dragged lower by its flagging mobile operations and unfavourable currency rates.<\/p>\n<p>Sony reported Friday a fiscal fourth quarter loss of 16.8 billion yen ($154 million), a reversal from the 27.7 billion yen profit posted a year earlier.<\/p>\n<p>Quarterly sales rose 3 per cent to 1.66 trillion yen ($15 billion).<\/p>\n<p>Sony expects its profit for the fiscal year through March 2019 to stay flat at 480 billion yen ($4.4 billion). It logged a 490.8 billion yen ($4.5 billion) profit for the fiscal year through March 2018.<\/p>\n<p>That marked a six-fold surge from 73.3 billion yen the year before, when the company absorbed big costs from its movie business and from an earthquake in southwestern Japan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO &mdash; Japanese entertainment and electronics company Sony Corp. has posted a loss in the January-March, quarter, dragged lower by its flagging mobile operations and unfavourable currency rates. Sony reported Friday a fiscal fourth quarter loss of 16.8 billion yen ($154 million), a reversal from the 27.7 billion yen profit posted a year earlier. Quarterly [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7556"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7556"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7556\/revisions"}],"predecessor-version":[{"id":7558,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7556\/revisions\/7558"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}