Second-quarter profit fell to 45.7 billion yen (US$435.90 million) from 88.0 billion yen a year earlier. That compared with a Thomson Reuters Starmine SmartEstimate of 46.27 billion yen drawn from 10 analyst estimates. The business is part of Sony's semiconductor division, which swung to an operating loss of 4.2 billion yen from a year-before profit of 34.1 billion yen. The company nevertheless trimmed its estimated quake impact on full-year earnings to 53.5 billion yen from 80 billion yen. In gaming, operating profit fell to 19.0 billion yen from 23.9 billion yen as income earned abroad was dulled by a strong domestic currency.

Source: The Edge Markets November 01, 2016 08:08 UTC