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Tuesday, November 1, 2011
Sony's fiscal year ended March 31 fell expected deficit correction in the strong yen and sluggish TV
Sony has two days to revise down forecasts of consolidated fiscal year ending March 2012, and announced that the forecast deficit of 900 billion yen net loss. Deficit would be the fourth consecutive year. LCD TVs with the sound of falling prices slump and strong yen exchange rate trend lowered significantly from traditional forecast surplus of 600 billion yen. ...Sony's fiscal year ended March 31 fell expected deficit correction in the strong yen and sluggish TV
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