Sony more than halves profit outlook due to film division writedown

Sony slashed its net profit forecast by 56 per cent to 26 billion yen (231 million dollars) for the current financial year due to a writedown in its movie business, the company said on Thursday.

Sony returns to black for first time in three years

Sony posted a net profit of 147.8 billion yen (1.36 billion dollars) for the financial year ended March 31, the first positive result in three years, compared to a loss of 126 billion yen the year before, the company said Thursday.