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Sony cuts sales target for cameras, smartphones for 2014-15

TOKYO (Reuters) - Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen ($12.7 billion) for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen.Full story

Sony to name Chugai Pharma's CEO as chairman: Nikkei

(Reuters) - Sony Corp <6758.T> <SNE.N> plans to appoint Chugai Pharmaceutical Co <4519.T> Chief Executive Osamu Nagayama as chairman, the Nikkei reported. Full story

Nikkei climbs to fresh 5-1/2-yr high, above 15,000; Sony jumps

TOKYO (Reuters) - Japan's Nikkei average rose 2.3 percent on Wednesday, breaking above 15,000 for the first time since January 2008, with Sony Corp <6758.T> surging after an activist U.S. fund called on the company to spin off and list its lucrative entertainment unit. Full story

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Related Photos

Receptionists of Sony Corp are seen in front of the company's logo at the headquarters in Tokyo
Receptionists of Sony Corp are seen in front of the company's logo at the headquarters in Tokyo

Receptionists of Sony Corp are seen in front of the company's logo at the headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its elec

Men look at Sony Corp's television at the company headquarters in Tokyo
Men look at Sony Corp's television at the company headquarters in Tokyo

Men look at Sony Corp's television at the company headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business. REUTER

Sony Corp's logo is seen at the company headquarters in Tokyo
Sony Corp's logo is seen at the company headquarters in Tokyo

Sony Corp's logo is seen at the company headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business. REUTERS/Toru Han

Sony Corp's President and CEO Hirai speaks during Sony Corporate Strategy Meeting at the company headquarters in Tokyo
Sony Corp's President and CEO Hirai speaks during Sony Corporate Strategy Meeting at the company headquarters in Tokyo

Sony Corp's President and Chief Executive Officer Kazuo Hirai speaks during Sony Corporate Strategy Meeting at the company headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there

Sony Corp's President and CEO Hirai attends the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo
Sony Corp's President and CEO Hirai attends the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo

Sony Corp's President and Chief Executive Officer Kazuo Hirai attends the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there

Sony Corp's President and CEO Hirai arrives at Sony Corporate Strategy Meeting at the company's headquarters in Tokyo
Sony Corp's President and CEO Hirai arrives at Sony Corporate Strategy Meeting at the company's headquarters in Tokyo

Sony Corp's President and Chief Executive Officer Kazuo Hirai arrives at the Sony Corporate Strategy Meeting at the company's headquarters in Tokyo May 22, 2013. Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said the