Skip to content
Subscriber Only

Sony Says Virus Disruptions May Hit Profit, Delay Reporting

Sony Hikes Profit Forecast on Rising Image Sensor Demand
Photographer: Kiyoshi Ota/Bloomberg
Updated on

Sony Corp. said fallout from the coronavirus may wipe out a previously projected increase in its profit and force it to delay an earnings report scheduled for April.

The Japanese company said two factories in China are returning to normal operation but continue to face component shortages, while facilities in Malaysia and U.K. will remain shut until middle of April because of government requests. Sony said it can’t dispatch employees to these locations to discuss assembly of new products.