Sony Turns To Profit In Full Year - Quick Facts

(RTTNews) - Japanese consumer electronics maker Sony Corp. (SON.L, SNE) reported that its net income attributable to stockholders for the year ended March 31, 2016 was 147.8 billion yen, compared to loss of 126.0 billion yen in the previous year. Profit per share was 117.49 yen, compared to loss of 113.04 yen last year.

Operating income surged to 294.2 billion yen from 68.5 billion yen in the previous year.

However, sales and operating revenue for the year declined 1.3 percent to 8.11 trillion yen from 8.22 trillion yen a year ago. On a constant currency basis, sales decreased 4 percent year-on-year.

Sony paid 10 yen per share as an interim dividend, and plans to pay 10 yen per share starting on May 31, 2016 as the year-end dividend, resulting in a total dividend of 20 yen per share for the fiscal year ending March 31, 2016. The company has not yet determined the amounts of the interim and year-end dividends for the fiscal year ending March 31, 2017.

Looking ahead, Sony said it is continuing to evaluate the impact of the earthquakes on its consolidated results for the fiscal year ending March 31, 2017. As a result, Sony is unable to formulate a forecast for the consolidated results. Sony plans to announce the forecast for the consolidated results in May 2016.