[ad_1]
ZOOM Sony and Nintendo climb by 5%, Panasonic unscrews as much
Tokyo – The shares of large Japanese companies that published Tuesday their quarterly results evolved in a scattered order Tuesday morning at the opening of the Tokyo Stock Exchange , Sony and Nintendo gaining more than 5% while Panasonic shrinks by the same amount.
The first, flagship of consumer electronics, has raised its estimate of annual net profit after achieving a net gain almost tripled over a year in the first quarter, thanks to, among other things, its video games and related services business, and an exceptional gain stemming from shares held in Spotify, the provider of streaming music.
Sony's share went up to 6,143 yen in the first exchanges, a gain of 5.38%.
The other great name of video games, Nintendo, which also published its accounts Tuesday, saw its title soar 5 , 79% to 38,890 yen dan s the first minutes of transactions
Nintendo recorded strong performances in the first quarter with games for its Switch hybrid console, even though the months concerned (April to June) are traditionally the least favorable in this sector. Its net profit for the period showed a significant increase of 44% year on year, to 30.6 billion yen (235 million euros).
Conversely, the giant electronics and appliances Panasonic seems to have disappointed market expectations. Its action fell Wednesday morning by 5% to 1.366 yen.
Panasonic, however, welcomed Tuesday a 17.6% increase in its quarterly net profit to 57.36 billion yen (441 million euros) , with sales up 7.7% to 2.008.7 billion yen. He gave few details and maintained his estimate of annual net income at 250 billion yen.
kap / ple
(© AFP / 01 Aug. 2018 00:28) <! –
(AFP / 01.08.2018 02:30)
->
Source link
