Tag Archives: Fiscal Year
Sharp has announced a 376 billion-yen loss (about $4.7 billion) for fiscal 2011 citing low sales in its primary businesses, reductions in asset valuation, restructuring expenses, and deferred income tax charges. The company is forecasting TV production to decrease by nearly twenty percent, from 12.2 million to 10 million units during which production fell by 17 percent....
The gaming company Nintendo has just released its fiscal year earning and has experience its first annual earnings loss with a 36.2 percent drop in net sales revenue from its last fiscal year due to slow sales of software and hardware in the US and Europe and the price cut of the 3DS. Overall the publisher reported a net loss of 43.2 billion yen ($532 million), which...
We reported that Sony is planning to cut around 10,000 jobs as part of its “One Sony” restructuring under new CEO Kazuo Hirai, the company has confirmed today that its plans are true and it will be reducing its workforce by approximately 10,000 over the 2012 fiscal year. The company stated in a press release that the move will hit its headquarters, subsidiaries, and...
