Sony Management Discusses Q1 2012 Results - Earnings Call Transcript

Sony (SNE)

Q1 2012 Earnings Call

August 02, 2012 9:00 am ET

Executives

Edward Reid

Yoshinori Hashitani

Atsushi Kobayashi

Analysts

Daniel Ernst - Hudson Square Research, Inc.

Jeff Loff - Macquarie Research

Kota Ezawa - Citigroup Inc, Research Division

Presentation

Operator

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Welcome to the First Quarter Fiscal Year 2012 Sony Corporation Conference Call for Overseas Investors. My name is John, and I will be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded. I will now turn the call over to Edward Reid. Edward, you may begin.

Edward Reid

Thank you very much for that introduction, John, and thank you all for joining us today, August 2, 2012, for the discussion of Sony's first quarter results. We hope you enjoyed music from John Mayer's latest chart-topping album Born and Raised while you're on hold. I'm Edward Reid from the Investor Relations department here in Tokyo. With me on the conference call tonight is Yoshinori Hashitani, VP, Senior General Manager, Investor Relations Division of Sony; Steven Kober, Executive Vice President and Chief Financial Officer, Sony Corporation of America; and Alex Kobayashi, from the Corporate Planning Department here in Tokyo. Thank you very much to you all for joining us.

In just a few moments, we will review today's announcement, then we will be available to answer your questions. Please be aware that statements made during the following remarks and Q&A session with respect to Sony’s current plans, estimates, strategies, press release and other statements that are not historical facts are forward-looking statements about the future performance of Sony. These statements are based on management’s assumptions, in light of the information currently available to it, and therefore, you should not place undue reliance on them. Sony cautions you that a number of important factors could cause actual results to differ materially from those discussed in the forward-looking statements. And additional information, please refer to today’s press release, which can be accessed by visiting sony.net/ir.

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