· Consolidated operating income was significantly higher, 6.3 times the previous fiscal year's amount, despite the large, unfavorable impact of foreign exchange rates.
· The increase in consolidated operating income was driven primarily by improved results in the Networked Products & Services segment, due principally to the contribution of the game business.
· A net loss attributable to Sony Corporation's stockholders was recorded, mainly due to a non-cash charge to establish a valuation allowance against certain deferred tax assets in Japan.
Consolidated Financial Results for the
Fiscal Year Ended March 31, 2011 (Fiscal Year 2010)