Communications Litigation Today was a Warren News publication.

Sony Postpones Year-End Results, Citing COVID-Induced Accounting Delays

COVID-19-induced delays in “accounting closing procedures” forced Sony to postpone release of its year-end financial results to May 13 from April 30, said the company Friday. Sony floated that possibility March 27 when it said the pandemic likely would negate the 5% upward revision in its February profit forecast (see 2003270028).