The scale of challenge of challenges facing Sony have been underscored by a warning from the electronics and entertainment group that it expects to make a Y520bn ($6.4bn) net loss for its just-ended financial year, its worst deficit ever.
The loss comes after it was forced to give up billions of dollars of tax credits in the US that it had previously counted as earnings.
Sony began its last financial year expecting a net profit of Y60bn but has now downgraded that estimate three times. It is scheduled to report final results for the year on May 10.
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