Sony Japan Unit Sees Profit Sink Sony Music Entertainment (japan) Inc. Said Tuesday That Its...
It marked the first time in five years that Sony Music Japan has recorded a decline in profit because of softness in its music unit.
Revenue was flat at ´226.6 billion ($1.9 billion), because of a paucity of hits from Japanese artists.
But the results were partially offset by a 16% increase in sales at affiliate Sony Computer Entertainment Inc., which makes PlayStation.
Revenue was flat at ´226.6 billion ($1.9 billion), because of a paucity of hits from Japanese artists.
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