Sony Q3/FY2020 financial results: “significant decrease” for Imaging Business sales and income, forecast revised upward

Sony released their Q3/FY2020 financial results - here are the Imaging Business data:

  • Sales: 31.1 bln yen (10%) significant decrease
  • Operating income: 24.8 bln yen significant decrease (quoted from the presentation materials)

Similar to Nikon and Canon, Sony also revised upward their forecast:

  • FY20 sales are expected to increase 50 billion yen compared to our previous forecast to 1 trillion 10 billion yen and operating income is expected to increase a significant 55 billion yen to 136 billion yen.

Via SonyAddict

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