Right on Halloween, Japanese companies have prepared reports on the work in the first half of fiscal 2012 (each new fiscal year in Japan begins the first of April.) We combine data from two companies: Sony and Sharp, plans to return to profitability. Like other Japanese companies, Sony and Sharp are suffering losses and living on credit. Especially the bad things Sharp company , which is to obtain a loan had to lay almost all properties. However, each company has already taken a number of measures to restructure the business, which gave some positive effect.
In September, Sony has sold chemical business and completed the transfer of small-format displays Corporation Japan Display. Released funds have allowed the company to earn $ 379 million in operating profit, whereas last year the production has brought Sony net loss in the amount of $ 2 million (Devices division), which includes semiconductor business Sony (image sensors and components), has brought the company the largest amount of operating revenues. As a result, the fiscal year Sony could be profitable. Anticipated revenue from operations for fiscal 2012 promises to be $ 1.63 billion
In respect of the annual sales of game consoles Sony PlayStation and programs for them has decreased by 15.8% (operating profit of $ 29 million). Before the end of the year, the company expects the decline in sales of consoles (10 million units), while the number of PlayStation 3 will be sold at the pre-forecast (about 16 million). Mobile division showed an annual growth rate of 112.1%, while the company in this niche has suffered operating losses of $ 296 million sales units home entertainment electronics undermined not enjoy sufficient popular LCD TVs, which resulted in a reduction in revenue of 25% for the year (operating loss amounted to $ 203 million).
As for Sharp company , then the figures of losses remain , although the first half of analysts saw positive signals. The most important of them - is to get another loan . Costs savings yield a positive operating profit in the second half. Thus, the forecast total operating loss for the year increased by 55% to a value of $ 1.94 billion, and the net loss for the year could be $ 5.6 billion with such indicators usually do not last long. Foxconn are just not in a hurry to save Sharp.