Skip to main contentAccess keys help

[an error occurred while processing this directive]
BBC News
watch One-Minute World News
News image
Last Updated: Thursday, 27 July 2006, 12:09 GMT 13:09 UK
Flat screen TV sales boost Sony
Woman with large plasma screen television
Demand for plasma screen TVs is expected to keep on growing
Sony has led a string of strong performances from Japanese electronic firms on the back of sales of flat screen televisions and digital cameras.

It returned to profit in the second quarter of 2006, while rival camera makers Nikon and Canon also posted higher-than-expected results.

Sony made an operating profit of 27.05bn yen ($234m; �126m) in April to June, from a 6.6bn-yen loss last year.

The success of The Da Vinci Code movie also lifted Sony's film division sales.

However, the hefty costs of marketing the film, based on Dan Brown's book, ate heavily into earnings.

Camera wars

Canon raised its digital cameras sales estimate for 2006 from 19.2 million units to 20 million, citing strong demand in emerging markets such as Russia, as well as in its core US and European businesses.

Sales of computer printers also helped boost the firm's operating profits, which climbed to 168.3bn yen, 33% up on the same period a year ago.

Canon's rival at the high-end of the SLR market, Nikon, saw its profits almost double to 14.75bn yen, from 7.75bn yen a year earlier.

Sanyo also returned an operating profit, making 2.6bn yen for the quarter, against a 13bn loss a year ago thanks to cost-cutting.

But its sales fell 11% as it lost its grip on the mobile phone and camera markets.

And computer maker Fujitsu saw its operating profit slide 1.6% to 14.57bn yen - partly due to costs of expanding its outsourcing service in Britain.


SEE ALSO
Japanese duo boost LCD investment
31 May 06 |  Business
Face-hunting cameras boost Nikon
06 Feb 06 |  Business

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

PRODUCTS & SERVICES

AmericasAfricaEuropeMiddle EastSouth AsiaAsia Pacific