Sony reveals $1bn Kumamoto loss

Technology giant Sony has revealed that it expects losses from
the Kumamoto earthquakes to result in a 115bn yen ($1bn) hit to its
operating income, the company announced today (27 May).
The losses comprise an estimated 45bn yen impact to the
manufacturer's imaging products and solutions segment and a
60bn yen loss in its devices branch.
Sony also said approximately 10bn yen in fixed costs that were
scheduled to be allocated to these two segments are no longer
expected to...