News | Newsletters | Podcasts | Chats | Opinions | RSS Feeds | This Week In Print | IT Careers | Community | Reports | Downloads | Slideshows | New Data Center
Partner Sites:App Performance | On Demand Security | Networking Solution | SOA | Value of WDS
Sony earned sharply higher net profits in the financial year just ended on the back of stronger sales, but missed an already-lowered operating profit target, it said Wednesday.
The company reported net profits of ¥369 billion ($3.5 billion) for the year to March with sales up 7% to ¥8.9 trillion.
Operating profit, which more closely measures the profitability of Sony's core electronics operations and excludes most non-core and one-time gains and charges, was ¥374 billion, more than four times those reported in the previous year, but less than Sony's target of ¥410 billion. Sony had originally forecast an operating profit of ¥440 billion but revised it down three months ago.
Sony Corp. Fiscal Year 2007 Earnings Table
Fiscal year 2007 Fiscal year 2006 Percentage change
Sales and revenue ¥8.9 trillion ¥8.3 trillion +6.9 percent
Operating profit ¥374.5 billion ¥71.8 billion +421.9 percent
Net profit ¥369.4 billion ¥126.3 billion +192.4 percent
Source: Sony Corp.
Partner Content
Company Description
Emerson Network Power and its Liebert power and cooling technologies increase IT system flexibility and availability, while lowering the total cost of ownership.
Power and Cooling Guidelines
Learn how to optimize power and cooling in network access rooms to keep equipment operating at peak performance and proactively monitor changes.
Download this white paper
Business-Critical Continuity
Read about Sequent and how they implemented a new data center to meet current requirements while easily scaling to support projected growth.
Download this case study
Cutting Energy Costs
Reduce cooling system energy costs by 30 to 45 percent through five data center efficiency strategies.
Download this white paper