iTunes - Podcast RSS Feed - Podcast RSS Feed - News RPGFan YouTube Channel RPGFan on Facebook RPGFan on Twitter


RPGFan Social Links
SCE Reports Financial Results
04.27.06 - 3:26 PM

Sony announced its financial results for the fiscal year 2005/2006 in Tokyo today. In year one under the leadership of Welshman Sir Howard Stringer, the Japanese electronics giant posted a net profit of 123.62 billion yen ($1.08 billion US) on sales of 7475.44 billion yen ($65.03 billion US).

Sony Computer Entertainment contributed sales of 958.6 billion yen ($8.34 billion US) and an operating profit of 8.7 billion yen ($75.68 million US) to these figures. This translates to a 31.4% increase in sales and a decline of 79.7% in profit. The decline in profit can be attributed to the development costs of the company's next-generation console PlayStation 3. The increase in sales is a direct result of the PlayStation Portable's success. After ramping up production capabilities, Sony Computer Entertainment managed to ship 14.06 million units of the handheld system during the 12-month period. During the same period, the company also shipped 16.22 million PlayStation 2 units.

For the current fiscal year ending on March 31st 2007, the shipment of six million PlayStation 3, 12 million PlayStation Portable and ten million PlayStation 2 units is projected. The worldwide launch of PlayStation 3 in November is one of the key factors expected to drive up Sony's annual sales by about 10% during the current fiscal year. Specifically, Sony is projecting a net profit of 130 billion yen ($1.13 billion US) on sales of 8200 billion yen ($71.33 billion US) for this fiscal year.


Back
Chris Winkler





Featured Content
Project Destati: LIGHT Review
Project Destati: LIGHT
Music Review
Shadows: Heretic Kingdoms Review
Shadows: Heretic Kingdoms
Review
Rhythm Encounter 19 - String Quartet
Rhythm Encounter 19
feat. Taylor Davis
Game of Thrones - A Telltale Games Series Review
Game of Thrones: Episode 1
Review
Random Encounter Episode 88
Random Encounter Episode 88
Podcast
Kingdom Hearts II.5 HD ReMix Review
Kingdom Hearts II.5 HD ReMix
Review
Pier Solar and the Great Architects HD Review
Pier Solar and the Great Architects HD
Review