SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D. C. 20549
FORM
6-K
REPORT OF
FOREIGN PRIVATE ISSUER
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For the
month of January 2010
Commission
File Number: 001-06439
SONY
CORPORATION
(Translation
of registrant's name into English)
1-7-1
KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN
(Address
of principal executive offices)
The
registrant files annual reports under cover of Form 20-F.
Indicate
by check mark whether the registrant files or will file annual reports
under
cover of Form 20-F or Form 40-F,
|
Form
20-F X
|
Form
40-F __
|
Indicate
by check mark whether
the registrant by furnishing the information
contained in
this Form
is also thereby furnishing the information to the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934,
Yes No
X
If "Yes"
is marked, indicate below the file number assigned to the registrant in
connection
with Rule 12g3-2(b):82-______
SIGNATURE
Pursuant to
the requirements of the Securities Exchange Act
of 1934, the registrant has
duly caused this report to be signed on
its behalf by the undersigned,
thereunto duly authorized.
|
SONY
CORPORATION
|
|
|
(Registrant)
|
|
|
By: /s/ Nobuyuki
Oneda
|
|
|
(Signature)
|
|
|
Nobuyuki
Oneda
|
|
|
Executive Deputy
President and
|
|
|
Chief
Financial Officer
|
Date: January
22, 2010
List of
materials
Documents
attached hereto:
i) Press
release entitled Sony
Ericsson reports fourth quarter and full year 2009 results
Sony
Ericsson reports fourth quarter and full year 2009 results
Q4
Highlights:
|
•
|
Improved
quarterly financial results reflected success of refreshed portfolio
|
|
•
|
Transformation
programme bearing fruit and to continue
|
|
•
|
Announced
first Android-based phone, the XPERIA™
X10
|
The
consolidated financial summary for Sony Ericsson Mobile Communications AB (Sony
Ericsson) for the fourth quarter and full year ended December 31, 2009 is as
follows:
| Q4 2009 | Q3 2009 | Q4 2008 |
FY 2009
|
FY 2008
|
||||||||||||||||
|
Number
of units shipped (million)
|
14.6 | 14.1 | 24.2 | 57.1 | 96.6 | |||||||||||||||
|
Sales
(Euro m.)
|
1,750 | 1,619 | 2,914 | 6,788 | 11,244 | |||||||||||||||
|
Gross
margin (%)
|
23 | % | 16 | % | 15 | % | 15 | % | 22 | % | ||||||||||
|
Operating
income (Euro m.)
|
-181 | -193 | -262 | -1,018 | -113 | |||||||||||||||
|
Operating
margin (%)
|
-10 | % | -12 | % | -9 | % | -15 | % | -1 | % | ||||||||||
|
Restructuring
charges (Euro m.)
|
150 | 2 | 129 | 164 | 175 | |||||||||||||||
|
Operating
income excl.
restructuring
charges (Euro
m.)
|
-32 | -191 | -133 | -854 | 61 | |||||||||||||||
|
Operating
margin excl. restructuring
charges (%)
|
-2 | % | -12 | % | -5 | % | -13 | % | 1 | % | ||||||||||
|
Income
before taxes
(IBT) (Euro m.)
|
-190 | -199 | -261 | -1,043 | -83 | |||||||||||||||
|
IBT excl. restructuring charges
(Euro m.)
|
-40 | -198 | -133 | -878 | 92 | |||||||||||||||
|
Net
income (Euro m.)
|
-167 | -164 | -187 | -836 | -73 | |||||||||||||||
|
Average
selling price (Euro)
|
120 | 114 | 121 | 119 | 116 | |||||||||||||||
Bert
Nordberg, President, Sony Ericsson comments; “The refreshed portfolio, coupled
with the business transformation programme has started to positively impact our
financial results. Continued cost saving activities and resource realignment are
necessary in order to build a leaner, more efficient organisation capable of
meeting the demands of the changing competitive landscape. We will continue to
focus on returning the company to profitability by establishing Sony Ericsson as
the communication entertainment brand based on an exciting portfolio of mid- and
high-end products, such as our recently announced Android-based phone, the
XPERIA™ X10. 2010 will still be challenging as the full benefit of cost
improvements will not impact results until the second half of the year, however
we are confident that our business is on the right
track.”
Units
shipped in the quarter were 14.6 million, a sequential increase of 3% and a
year-on-year decrease of 40%. Sales for the quarter were Euro 1,750 million, a
sequential increase of 8% and a year-on-year decrease of 40%.
The
sequential increase was driven by market seasonality and successful sales of
Satio™ and Aino™ phones. The year-on-year decrease in both
units and sales was mainly due to a downturn in the global handset market and a
faster than anticipated shift to touch screen phones in the mid-priced sector of
the market. Average Selling Price (ASP) for the quarter rose sequentially by 5%
to Euro 120 due to a more favourable product mix.
Gross
margin percentage improved sequentially and year-on-year mainly driven by the
successful sales of new, higher-margin phones as well as the positive impact of
cost reduction activities.
Income
before taxes for the quarter, excluding restructuring charges, was a loss of
Euro 40 million compared to a loss of Euro 198 million in the previous
quarter. The reduced loss was due to the improved gross margin and
the benefits of reduced operating expenses. Excluding restructuring
charges, Sony Ericsson made a loss for the full year 2009 of Euro 878 million
compared with an income of Euro 92 million in 2008. The year-on-year
deterioration was mainly attributable to the lower sales.
As of
December 31, 2009, Sony Ericsson had a net cash position of Euro 620
million.
During
2009, Sony Ericsson secured external funding of Euro 455 million to strengthen
the balance sheet and improve liquidity, out of which Euro 350 million has been
guaranteed by the parent companies on a 50/50 basis. Euro 255 million was drawn
by the end of 2009, but the remaining Euro 200 million, a two-year committed
back-up facility, has not been utilised.
The
programme started in mid-2008 to reduce annual operating expenses by Euro 880
million is continuing; with the full benefit expected during the second half of
2010. Since the start of the programme Sony Ericsson has reduced its global
workforce by approximately 2,500 people to 9,100 by the end of
2009. The total restructuring charges taken to date are Euro 339
million, and charges for the full programme are estimated to be well within the
previously announced Euro 500 million.
Sony
Ericsson estimates that the global handset market in units for the fourth
quarter 2009 was flat year-on-year and that its market share was about 5% in the
fourth quarter. Sony Ericsson believes that the global handset market
for the full year 2009 decreased in volume by around 8% year-on-year to around
1.1 billion units and that its market share in units for the full year 2009 was
about 5%.
Sony
Ericsson forecasts a slight growth in units in the global handset market in
2010.
-END
–
The liquid
identity is a registered trademark of Sony Ericsson Mobile Communications
AB.
Aino™,
Satio™ and XPERIA™ are trademarks or registered trademarks of Sony Ericsson
Mobile Communications AB.
Sony is a
registered trademark of Sony Corporation. Ericsson is a registered trademark of
Telefonaktiebolaget LM Ericsson.
Any rights
not expressly granted herein are reserved. Subject to change without prior
notice.
EDITOR’S
NOTES:
Financial
statements:
Consolidated
income statement
Consolidated
income statement full year
Consolidated
income statement isolated quarters
Consolidated
balance sheet
Consolidated
statement of cash flows
Consolidated
statement of cash flows full year
Consolidated
statement of cash flows isolated quarters
Additional
information:
Net sales
by market area, by quarter
Sony
Ericsson is a 50:50 joint venture by Sony and Ericsson established in October
2001, with global corporate functions located in London and operations in all
major markets. Our vision is to become the industry leader in
Communication Entertainment; where new styles of communicating through the
internet and social media, become entertainment. Sony Ericsson offers
exciting consumer experiences through phones, accessories, content and
applications. For more information please visit, www.sonyericsson.com.
CONTACTS:
Investors /
analysts
Ericsson
investor relations
Susanne
Andersson (Stockholm) +46 10 719
4631
Lars
Jacobsson (Stockholm) +46 10 719 9489
Sony
investor relations
Gen
Tsuchikawa (Tokyo) +81 3 6748
2180
Shinji
Tomita (London) +44 20 7426
8696
Press /
media
Sony
Ericsson global communications and PR
Aldo
Liguori (London) +44 20 8762 5860
Merran
Wrigley (London) +44 20 8762 5862
A live
webcast of the conference call discussing the company’s results for the fourth
quarter and full year ended December 31, 2009 will be available on January 22,
2010 at the following times:
TIMING:
15:30 UK
time (GMT)
16:30
Central European time (CET)
10:30 US
Eastern time (EST)
00:30
Japan time (JST) January 23, 2010
WEBCAST:
A live
webcast of the conference call will be available at: www.ericsson.com/ericsson/investors
Or please
click here to join the webcast directly: www.thomson-webcast.net/uk/dispatching/?event_id=55bbf43ecfabff7e6e911983a216b4b0&portal_id=ccec29148a44ec4b8077c845c5b4cbba
The
archived webcast will be available approximately one hour after the completion
of the conference call.
CALL-IN
NUMBERS:
| UK and Europe | +44 20 7806 1956 |
| Sweden | +46 8 5352 6407 |
| US: | +1 718 354 1389 |
| Japan: | +81 3 3570 8228 |
REPLAY:
A replay
of the conference call will be available approximately two hours after the
completion of the conference call until 11:00 pm UK time on 28 January,
2010.
| UK and Europe | +44 20 7111 1244 |
| Sweden | +46 8 5051 3897 |
| US: | +1 347 366 9565 |
| Japan: | +81 3 5767 9615 |
Replay
pass code: 8140934#
This
press release contains forward-looking statements that involve inherent risks
and uncertainties. We have identified certain important factors that
may cause actual results to differ materially from those contained in such
forward-looking statements. For a detailed description of risk factors see
Sony's and Ericsson's filings with the US Securities and Exchange Commission,
particularly each company's latest published Annual Report on Form
20-F.
Sony
Ericsson
CONSOLIDATED
INCOME STATEMENT
|
Oct-Dec
|
||||||||||||
|
EUR
million
|
2009
|
2008
|
Change
|
|||||||||
|
Net
sales
|
1,750 | 2,914 | -40 | % | ||||||||
|
Cost
of sales
|
-1,341 | -2,476 | -46 | % | ||||||||
|
Gross
profit
|
409 | 438 | -7 | % | ||||||||
|
Gross
margin %
|
23.4 | % | 15.0 | % | 8 | % | ||||||
|
Research
and development expenses
|
-299 | -359 | -17 | % | ||||||||
|
Selling
and administrative expenses
|
-299 | -366 | -18 | % | ||||||||
|
Operating
expenses
|
-599 | -725 | -17 | % | ||||||||
|
Other
operating income, net
|
8 | 24 | -66 | % | ||||||||
|
Operating
income
|
-181 | -262 | -31 | % | ||||||||
|
Operating
margin %
|
-10.4 | % | -9.0 | % | -1 | % | ||||||
|
Financial
income
|
4 | 28 | -88 | % | ||||||||
|
Financial
expenses
|
-12 | -27 | -55 | % | ||||||||
|
Income
after financial items
|
-190 | -261 | -27 | % | ||||||||
|
Taxes
|
36 | 81 | -56 | % | ||||||||
|
Minority
interest
|
-12 | -7 | 75 | % | ||||||||
|
Net
income
|
-167 | -187 | -11 | % | ||||||||
|
Number
of units shipped (million)
|
14.6 | 24.2 | -40 | % | ||||||||
|
ASP
(EUR)
|
120 | 121 | -1 | % | ||||||||
|
EUR
Million
|
Oct-Dec
|
|||||||||||
|
Restructuring
charges
|
2009 | 2008 | ||||||||||
|
Cost
of sales
|
41 | 67 | ||||||||||
|
Research
and development expenses
|
72 | 35 | ||||||||||
|
Sales
and administrative expenses
|
37 | 24 | ||||||||||
|
Other
operating income, net
|
0 | 3 | ||||||||||
|
Total
|
150 | 129 | ||||||||||
Sony
Ericsson
CONSOLIDATED
INCOME STATEMENT
|
Jan-Dec
|
||||||||||||
|
EUR
million
|
2009
|
2008
|
Change
|
|||||||||
|
Net
sales
|
6,788 | 11,244 | -40 | % | ||||||||
|
Cost
of sales
|
-5,782 | -8,750 | -34 | % | ||||||||
|
Gross
profit
|
1,006 | 2,494 | -60 | % | ||||||||
|
Gross
margin %
|
14.8 | % | 22.2 | % | -7 | % | ||||||
|
Research
and development expenses
|
-1,108 | -1,379 | -20 | % | ||||||||
|
Selling
and administrative expenses
|
-964 | -1,249 | -23 | % | ||||||||
|
Operating
expenses
|
-2,072 | -2,628 | -21 | % | ||||||||
|
Other
operating income, net
|
48 | 21 | - | |||||||||
|
Operating
income
|
-1,018 | -113 | - | |||||||||
|
Operating
margin %
|
-15.0 | % | -1.0 | % | -14 | % | ||||||
|
Financial
income
|
21 | 101 | -79 | % | ||||||||
|
Financial
expenses
|
-46 | -71 | -35 | % | ||||||||
|
Income
after financial items
|
-1,043 | -83 | - | |||||||||
|
Taxes
|
236 | 31 | - | |||||||||
|
Minority
interest
|
-29 | -21 | 35 | % | ||||||||
|
Net
income
|
-836 | -73 | - | |||||||||
|
Number
of units shipped (million)
|
57.1 | 96.6 | -41 | % | ||||||||
|
ASP
(EUR)
|
119 | 116 | 2 | % | ||||||||
|
EUR
Million
|
Jan-Dec
|
|||||||||||
|
Restructuring
charges
|
2009 | 2008 | ||||||||||
|
Cost
of sales
|
39 | 75 | ||||||||||
|
Research
and development expenses
|
84 | 62 | ||||||||||
|
Sales
and administrative expenses
|
41 | 29 | ||||||||||
|
Other
operating income, net
|
0 | 9 | ||||||||||
|
Total
|
164 | 175 | ||||||||||
Sony
Ericsson
CONSOLIDATED
INCOME STATEMENT - ISOLATED QUARTERS
|
2009
|
2008
|
|||||||||||||||||||||||||||||||
|
EUR
million
|
Q4 | Q3 | Q2 | Q1 | Q4 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||
|
Net
sales
|
1,750 | 1,619 | 1,684 | 1,736 | 2,914 | 2,808 | 2,820 | 2,702 | ||||||||||||||||||||||||
|
Cost
of sales
|
-1,341 | -1,367 | -1,483 | -1,591 | -2,476 | -2,192 | -2,168 | -1,914 | ||||||||||||||||||||||||
|
Gross
profit
|
409 | 252 | 200 | 145 | 438 | 616 | 653 | 788 | ||||||||||||||||||||||||
|
Gross
margin %
|
23.4 | % | 15.5 | % | 11.9 | % | 8.4 | % | 15.0 | % | 21.9 | % | 23.1 | % | 29.2 | % | ||||||||||||||||
|
Research
and development expenses
|
-299 | -260 | -245 | -303 | -359 | -337 | -344 | -339 | ||||||||||||||||||||||||
|
Selling
and administrative expenses
|
-299 | -205 | -235 | -225 | -366 | -303 | -310 | -270 | ||||||||||||||||||||||||
|
Operating
expenses
|
-599 | -465 | -480 | -528 | -725 | -640 | -653 | -610 | ||||||||||||||||||||||||
|
Other
operating income, net
|
8 | 21 | 6 | 13 | 24 | -8 | -2 | 6 | ||||||||||||||||||||||||
|
Operating
income
|
-181 | -193 | -274 | -369 | -262 | -33 | -2 | 184 | ||||||||||||||||||||||||
|
Operating
margin %
|
-10.4 | % | -11.9 | % | -16.3 | % | -21.3 | % | -9.0 | % | -1.2 | % | -0.1 | % | 6.8 | % | ||||||||||||||||
|
Financial
income
|
4 | 3 | 6 | 9 | 28 | 25 | 25 | 24 | ||||||||||||||||||||||||
|
Financial
expenses
|
-12 | -9 | -15 | -10 | -27 | -15 | -14 | -15 | ||||||||||||||||||||||||
|
Income
after financial items
|
-190 | -199 | -283 | -370 | -261 | -23 | 8 | 193 | ||||||||||||||||||||||||
|
Taxes
|
36 | 42 | 74 | 84 | 81 | 6 | 0 | -57 | ||||||||||||||||||||||||
|
Minority
interest
|
-12 | -6 | -4 | -6 | -7 | -8 | -3 | -3 | ||||||||||||||||||||||||
|
Net
income
|
-167 | -164 | -213 | -293 | -187 | -25 | 6 | 133 | ||||||||||||||||||||||||
|
Number
of units shipped (million)
|
14.6 | 14.1 | 13.8 | 14.5 | 24.2 | 25.7 | 24.4 | 22.3 | ||||||||||||||||||||||||
|
ASP
(EUR)
|
120 | 114 | 122 | 120 | 121 | 109 | 116 | 121 | ||||||||||||||||||||||||
|
EUR
Million
|
2009
|
2008 | ||||||||||||||||||||||||||
|
Restructuring
charges
|
Q4 | Q3 | Q2 | Q1 | Q4 | Q3 | Q2 | |||||||||||||||||||||
|
Cost
of sales
|
41 | 0 | -9 | 7 | 67 | 0 | 8 | |||||||||||||||||||||
|
Research
and development expenses
|
72 | 1 | 9 | 2 | 35 | 26 | 2 | |||||||||||||||||||||
|
Sales
and administrative expenses
|
37 | 1 | 1 | 3 | 24 | 3 | 1 | |||||||||||||||||||||
|
Other
operating income, net
|
0 | 0 | 0 | 0 | 3 | 6 | 0 | |||||||||||||||||||||
|
Total
|
150 | 2 | 1 | 12 | 129 | 35 | 11 | |||||||||||||||||||||
Sony
Ericsson
CONSOLIDATED
BALANCE SHEET
|
Dec
31
|
Sep
30
|
Jun
30
|
Dec
31
|
|||||||||||||
|
EUR
million
|
2009
|
2009
|
2009
|
2008
|
||||||||||||
|
ASSETS
|
||||||||||||||||
|
Total
fixed and financial assets
|
779 | 757 | 736 | 590 | ||||||||||||
|
Current
assets
|
||||||||||||||||
|
Inventories
|
358 | 397 | 404 | 531 | ||||||||||||
|
Accounts
receivable
|
832 | 917 | 936 | 1,629 | ||||||||||||
|
Other
assets
|
415 | 416 | 379 | 585 | ||||||||||||
|
Other
short-term cash investments
|
489 | 464 | 456 | 707 | ||||||||||||
|
Cash
and bank
|
389 | 532 | 509 | 418 | ||||||||||||
|
Total
current assets
|
2,483 | 2,726 | 2,685 | 3,870 | ||||||||||||
|
Total
assets
|
3,262 | 3,482 | 3,421 | 4,460 | ||||||||||||
|
SHAREHOLDERS'
EQUITY AND LIABILITIES
|
||||||||||||||||
|
Shareholders'
equity
|
381 | 532 | 694 | 1,217 | ||||||||||||
|
Minority
interest
|
47 | 43 | 66 | 57 | ||||||||||||
|
Total
equity
|
428 | 575 | 760 | 1,274 | ||||||||||||
|
Borrowing,
Non Current
|
0 | 50 | 0 | 0 | ||||||||||||
|
Other
long-term liabilities
|
32 | 31 | 30 | 30 | ||||||||||||
|
Total
long-term liabilities
|
32 | 81 | 30 | 30 | ||||||||||||
|
Accounts
payable
|
852 | 1,019 | 848 | 990 | ||||||||||||
|
Borrowing,
Current
|
258 | 105 | 0 | 53 | ||||||||||||
|
Other
current liabilities
|
1,692 | 1,702 | 1,782 | 2,113 | ||||||||||||
|
Total
current liabilities
|
2,802 | 2,826 | 2,630 | 3,156 | ||||||||||||
|
Total
shareholders' equity and liabilities
|
3,262 | 3,482 | 3,421 | 4,460 | ||||||||||||
|
Net
cash*
|
620 | 841 | 965 | 1,072 | ||||||||||||
* Net cash is defined as cash and bank
plus short-term cash investments less interest-bearing
liabilities.
Sony
Ericsson
CONSOLIDATED
STATEMENT OF CASH FLOWS
|
Oct-Dec
|
||||||||
|
EUR
million
|
2009
|
2008
|
||||||
|
OPERATIONS
|
||||||||
|
Net
income
|
-167 | -187 | ||||||
|
Adjustments
to reconcile net income to cash
|
48 | 37 | ||||||
| -119 | -150 | |||||||
|
Changes
in operating net assets
|
-97 | -168 | ||||||
|
Cash
flow from operating activities
|
-216 | -318 | ||||||
|
INVESTMENTS
|
||||||||
|
Investing
activities
|
-10 | 41 | ||||||
|
Cash
flow from investing activities
|
-10 | 41 | ||||||
|
FINANCING
|
||||||||
|
Financing
activities
|
100 | - 46 | ||||||
|
Cash
flow from financing activities
|
100 | -46 | ||||||
|
Net
change in cash
|
-126 | -323 | ||||||
|
Cash,
beginning of period
|
996 | 1,473 | ||||||
|
Translation
difference in Cash
|
8 | -25 | ||||||
|
Cash,
end of period
|
878 | 1,125 | ||||||
Sony
Ericsson
CONSOLIDATED
STATEMENT OF CASH FLOWS
|
Jan-Dec
|
||||||||
|
EUR
million
|
2009
|
2008
|
||||||
|
OPERATIONS
|
||||||||
|
Net
income
|
-836 | -73 | ||||||
|
Adjustments
to reconcile net income to cash
|
135 | 146 | ||||||
| -701 | 73 | |||||||
|
Changes
in operating net assets
|
333 | -323 | ||||||
|
Cash
flow from operating activities
|
-368 | -250 | ||||||
|
INVESTMENTS
|
||||||||
|
Investing
activities
|
-84 | -64 | ||||||
|
Cash
flow from investing activities
|
-84 | -64 | ||||||
|
FINANCING
|
||||||||
|
Financing
activities
|
205 | -754 | ||||||
|
Cash
flow from financing activities
|
205 | -754 | ||||||
|
Net
change in cash
|
-247 | -1,068 | ||||||
|
Cash,
beginning of period
|
1,125 | 2,155 | ||||||
|
Translation
difference in Cash
|
-1 | 37 | ||||||
|
Cash,
end of period
|
878 | 1,125 | ||||||
Sony
Ericsson
CONSOLIDATED
STATEMENT OF CASH FLOWS - ISOLATED QUARTERS
|
2009
|
2008
|
|||||||||||||||||||||||||||||||
|
EUR
million
|
Q4 | Q3 | Q2 | Q1 | Q4 | Q3 | Q2 | Q1 | ||||||||||||||||||||||||
|
OPERATIONS
|
||||||||||||||||||||||||||||||||
|
Net
income
|
-167 | -164 | -213 | -293 | -187 | -25 | 6 | 133 | ||||||||||||||||||||||||
|
Adjustments
to reconcile net income to cash
|
48 | 20 | 37 | 29 | 37 | 39 | 40 | 31 | ||||||||||||||||||||||||
| -119 | -143 | -176 | -263 | -150 | 15 | 46 | 164 | |||||||||||||||||||||||||
|
Changes
in operating net assets
|
-97 | 49 | 60 | 321 | -168 | 88 | -142 | -101 | ||||||||||||||||||||||||
|
Cash
flow from operating activities
|
-216 | -94 | -115 | 58 | -318 | 102 | -96 | 64 | ||||||||||||||||||||||||
|
INVESTMENTS
|
||||||||||||||||||||||||||||||||
|
Investing
activities
|
-10 | -42 | -13 | -19 | 41 | -55 | -29 | -22 | ||||||||||||||||||||||||
|
Cash
flow from investing activities
|
-10 | -42 | -13 | -19 | 41 | -55 | -29 | -22 | ||||||||||||||||||||||||
|
FINANCING
|
||||||||||||||||||||||||||||||||
|
Financing
activities
|
100 | 159 | 0 | -53 | -46 | -238 | -8 | -462 | ||||||||||||||||||||||||
|
Cash
flow from financing activities
|
100 | 159 | 0 | -53 | -46 | -238 | -8 | -462 | ||||||||||||||||||||||||
|
Net
change in cash
|
-126 | 22 | -128 | -14 | -323 | -191 | -133 | -421 | ||||||||||||||||||||||||
|
Cash,
beginning of period
|
996 | 965 | 1,116 | 1,125 | 1,473 | 1,591 | 1,711 | 2,155 | ||||||||||||||||||||||||
|
Translation
difference in Cash
|
8 | 9 | -23 | 5 | -25 | 74 | 13 | -24 | ||||||||||||||||||||||||
|
Cash,
end of period
|
878 | 996 | 965 | 1,116 | 1,125 | 1,473 | 1,591 | 1,711 | ||||||||||||||||||||||||
Sony
Ericsson
NET
SALES BY MARKET AREA BY QUARTER
|
EUR
million
|
||||||||||
|
2009
|
2008
|
|||||||||
|
Isolated
quarters
|
Q4
|
Q3
|
Q2
|
Q1
|
Q4
|
Q3
|
Q2
|
Q1
|
||
|
Europe,
Middle East & Africa *
|
966
|
875
|
927
|
977
|
1,642
|
1,427
|
1,386
|
1,494
|
||
|
Americas
|
222
|
232
|
195
|
200
|
636
|
703
|
740
|
486
|
||
|
Asia
|
562
|
512
|
562
|
559
|
636
|
678
|
694
|
722
|
||
|
Total
|
1,750
|
1,619
|
1,684
|
1,736
|
2,914
|
2,808
|
2,820
|
2,702
|
||
|
* of
which Western Europe
|
678
|
636
|
678
|
721
|
1,117
|
947
|
900
|
979
|
||
|
2009
|
2008
|
|||||||||
|
Sequential
change (%)
|
Q4
|
Q3
|
Q2
|
Q1
|
Q4
|
Q3
|
Q2
|
Q1
|
||
|
Europe,
Middle East & Africa *
|
10%
|
-6%
|
-5%
|
-40%
|
15%
|
3%
|
-7%
|
-34%
|
||
|
Americas
|
-4%
|
19%
|
-3%
|
-69%
|
-10%
|
-5%
|
52%
|
-24%
|
||
|
Asia
|
10%
|
-9%
|
1%
|
-12%
|
-6%
|
-2%
|
-4%
|
-18%
|
||
|
Total
|
8%
|
-4%
|
-3%
|
-40%
|
4%
|
0%
|
4%
|
-28%
|
||
|
* of
which Western Europe
|
7%
|
-6%
|
-6%
|
-35%
|
18%
|
5%
|
-8%
|
-38%
|
||
|
2009
|
2008
|
|||||||||
|
Year
over year change (%)
|
Q4
|
Q3
|
Q2
|
Q1
|
Q4
|
Q3
|
Q2
|
Q1
|
||
|
Europe,
Middle East & Africa *
|
-41%
|
-39%
|
-33%
|
-35%
|
-27%
|
-17%
|
-20%
|
-7%
|
||
|
Americas
|
-65%
|
-67%
|
-74%
|
-59%
|
0%
|
23%
|
48%
|
33%
|
||
|
Asia
|
-12%
|
-25%
|
-19%
|
-23%
|
-28%
|
-17%
|
-21%
|
-25%
|
||
|
Total
|
-40%
|
-42%
|
-40%
|
-36%
|
-23%
|
-10%
|
-9%
|
-8%
|
||
|
* of
which Western Europe
|
-39%
|
-33%
|
-25%
|
-26%
|
-29%
|
-14%
|
-18%
|
-9%
|
||
|
2009
|
2008
|
|||||||||
|
Year
to date
|
0912
|
0909
|
0906
|
0903
|
0812
|
0809
|
0806
|
0803
|
||
|
Europe,
Middle East & Africa *
|
3,744
|
2,778
|
1,903
|
977
|
5,947
|
4,306
|
2,879
|
1,494
|
||
|
Americas
|
850
|
627
|
395
|
200
|
2,566
|
1,930
|
1,226
|
486
|
||
|
Asia
|
2,194
|
1,633
|
1,121
|
559
|
2,731
|
2,094
|
1,416
|
722
|
||
|
Total
|
6,788
|
5,038
|
3,419
|
1,736
|
11,244
|
8,330
|
5,522
|
2,702
|
||
|
* of
which Western Europe
|
2,714
|
2,036
|
1,400
|
721
|
3,943
|
2,826
|
1,879
|
979
|
||
|
2009
|
2008
|
|||||||||
|
YTD
year over year change (%)
|
0912
|
0909
|
0906
|
0903
|
0812
|
0809
|
0806
|
0803
|
||
|
Europe,
Middle East & Africa *
|
-37%
|
-35%
|
-34%
|
-35%
|
-18%
|
-15%
|
-13%
|
-7%
|
||
|
Americas
|
-67%
|
-67%
|
-68%
|
-59%
|
24%
|
34%
|
42%
|
33%
|
||
|
Asia
|
-20%
|
-22%
|
-21%
|
-23%
|
-23%
|
-21%
|
-23%
|
-25%
|
||
|
Total
|
-40%
|
-40%
|
-38%
|
-36%
|
-13%
|
-9%
|
-9%
|
-8%
|
||
|
* of
which Western Europe
|
-31%
|
-28%
|
-26%
|
-26%
|
-19%
|
-14%
|
-14%
|
-9%
|
||