Sony’s latest quarterly results show the electronics company making a loss of 10.8 billion yen (£73.3 million) for the three months until 31st December 2012, although that’s considerably less than the 159 billion yen loss from the same quarter a year before. Sales and operating revenue rose 6.9% year-on-year to ¥1,948 billion, helped by the takeover of Sony Mobile.
The Mobile Products & Communications business unit made an operating loss of ¥21.3 billion and saw sales increase 94.4% year-on-year to ¥318.8 billion; however, these figures have been affected by the consolidation of Sony Mobile after the company gained control of the business from Ericsson.
It’s calculated that the MP&C sales figure would have been up around 10% if Sony Mobile had been fully consolidated in the previous financial year.
Sony Mobile introduced a new operational structure last year and also relocated its corporate HQ to Tokyo.