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PP42 April 2012

Sony suffers sales fall due to supply chain disruptions

08 Aug 2011

Source: Supply Management


Supply chain issues as a result of the tsunami and earthquake in Japan have affected electronics firm Sony’s first quarter profits, forcing the company to examine further ways to cut costs.

The Japanese company’s financial results for the first quarter ending 30 June revealed sales fell by 10 per cent compared to the same quarter last year to AUD$17.9 million.

Sony said the decrease was primarily due to a drop in sales of LCD televisions, which were affected by the Tohoku earthquake in March, the deterioration of the sector and unfavourable exchange rates.

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