Sony Announces Revision of Consolidated Forecast for the Fiscal Year Ending March 31, 2015 Due to the Impairment of Goodwill in the Mobile Communications Segment
Sep 17, 2014
TOKYO, September 17, 2014—As a result of revising the Mobile Communications (“MC”) segment’s Mid-Range Plan (“MRP”), Sony Corporation will record an impairment charge of approximately 180 billion yen, the entire amount of goodwill in the MC segment, in the second quarter of the current fiscal year. As a result, Sony Corporation has revised its consolidated results forecast for the fiscal year ending March 31, 2015 (April 1, 2014 to March 31, 2015).
Access the full press release for more details.