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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…

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the 5% upward revision in its February profit forecast (see 2003270028).