Sony Management Discusses F2Q10 Results - Earnings Call Transcript

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Q2: 2010-10-29 Earnings Summary

EPS of $0.07 beats by $0.07
 | Revenue of $21.54B (17.27% Y/Y) misses by $221.63M

Sony Corporation (SNE) F2Q10 2010 Earnings Call October 29, 2010 8:00 AM ET

Executives

Sam Levenson - SVP of Investor Relations
Masaru Kato - CFO
Robert Wiesenthal, Group Executive, Corporate Development and M&A for Sony Corporation and EVP and CFO of Sony Corporation of America
Tsuchikawa - Senior General Manager, IR division.

Analysts

Daniel Ernst - Hudson Square Research
Kota Ezawa - Citigroup
Yuji Fujimori - Barclays Capital
Mark Harding - Maxim Group

Operator

Welcome to the Sony Corporation Q2 Fiscal Year 2010 Financial Results Conference Call. At this time all participants are in listen-only mode. We will be facilitating a question-and-answer session towards the end of this conference. (Operator Instructions)

As a reminder, this conference is being recorded for replay purposes. I would now turn the presentation over to your host for today’s call to Sam Levenson, Senior Vice President of Investor Relations at Sony Corporation of America. You may proceed.

Sam Levenson

Thank you all for joining us today, October 29, 2010 for the discussion of Sony’s second quarter results. I am Sam Levenson, Senior Vice President of Investor Relations at Sony Corporation of America.

With me on the conference call tonight is, Masaru Kato, CFO of Sony Corporation, Robert Wiesenthal, Group Executive, Corporate Development and M&A for Sony Corporation and EVP and CFO of Sony Corporation of America and again Tsuchikawa Senior General Manager of Investor Relations division.

Thank you all very much for joining us. In just a few moments, we will review today’s announcement, then we will be available to answer your questions. Please be aware that statements made during the following remarks and Q&A session with respect to Sony’s current plans, estimates, strategies, press release and other statements that are not historical facts are forward-looking statements about the future performance of Sony. These statements are based on management’s assumptions in light of

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