Sony is set to report an operating loss for the current fiscal year, only the second since it listed on the Tokyo stock market in 1958, according to a report in the Tuesday morning edition of The Nikkei business daily.
Hit by recession in many of its biggest markets, a strong yen that makes its products more expensive overseas and tough price competition in major product sectors, the company is set to report an operating loss of around
Sony's financial year runs from April to March and it's most recent financial forecast, reaffirmed in late October, was for an operating profit of
In its previous financial year Sony reported an operating profit of