
TOKYO -- Sony on Wednesday cut its revenue forecast by 200 billion yen ($1.8 billion) for the fiscal year ending in March 2020, blaming lackluster sales of PlayStation 4 hardware and gaming software.
Sony changed its revenue estimation for this business year to 8.4 trillion yen, a decline of 2% from its July forecast. However, it expects operating profit to rise by 4% to 840 billion yen.