Sony Corporation (SNE) Q4 2017 Results Earnings Conference Call April 27, 2018 4:15 AM ET
Executives
Hiroki Totoki - Executive Vice President and CFO
Kazuhiko Takeda - Corporate Executive, Corporate Planning & Control and Accounting, CIO
Atsuko Murakami - Corporate Executive, Finance
Analysts
Kazuharu - SMBC Nikko Securities
Yasuo Nakane - Mizuho Securities
Junya Ayada - Deutsche Securities
Yu Okazaki - Nomura Securities
Masaru Sugiyama - Goldman Sachs
Operator
Ladies and gentlemen, it's time to start session to announce the results of Sony for Fiscal ’17 Q4. Moonies Hill [ph] of the IR of the [indiscernible]. I'd like to introduce our speakers, Vice President and Chief Financial Officer, Hiroki Totoki and Corporate Executive, Corporate Planning & Control and Accounting, CIO, Kazuhiko Takeda and Corporate Executive and charge of Finance, Atsuko Murakami.
Today Mr. Totoki will give you the results for fiscal ‘17 on a consolidated basis and also present you the forecast for fiscal ‘18. And then his speech will be followed by questions and answers and altogether we'll be spending 45 minutes.
With that, Mr Totoki, Please?
Hiroki Totoki
[Foreign Language]
Unidentified Company Representative
I am Hiroki Totoki. I assumed the role of CFO as of April 1st. It's nice to meet you all. Today, I would like to explain these two topics in the next 15 minutes. Fiscal ‘17 consolidated sales were 8 trillion 544 billion yen, an increase of 4% percent year-on-year and consolidated operating income was 734.9 billion yen, 2.5 times that of the previous fiscal year.
Net income attributable to Sony Corporation stockholders was 490.8 billion yen, 6.7 times that of the previous fiscal year. As a result, we were able to achieve the financial targets that we set at the corporate strategy meeting in February 2015 of 500 million yen or more operating income and 10% or more
- Read more current SONY analysis and news
- View all earnings call transcripts