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Sony, Sharp Report Record Annual Losses

posted on by Egan Loo

Stock shares of Sony and Sharp fell on Wednesday after both Japanese electronics makers reported record annual losses the day before. Sony reported a loss of 520 billion yen (US$6.4 billion) for the year that ended on March 31, while Sharp reported a loss of 380 billion yen (US$4.7 billion).

Sources: Nikkei, Bloomberg

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