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Sony says coronavirus impact to cancel February profit revision

Reuters
·1-min read
A view of the Sony booth during the 2020 CES in Las Vegas

TOKYO (Reuters) - Sony Corp <6758.T> said on Friday the scale of the impact from the coronavirus outbreak would be large enough to eliminate the entire upward revisions to its annual earnings forecasts made in February.

The Japanese entertainment and electronics firm also said the announcement of finiancial results, scheduled for April 30, may be delayed.

Sony last month raised its annual operating profit forecast by 5% to 880 billion yen (6.62 billion pounds) for this financial year ending in March thanks to on strong sales of smartphone image sensors.

(Reporting by Makiko Yamazaki; Editing by Shri Navaratnam)