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Sony reports record loss amid disasters and strong yen

Japanese electronics maker Sony has reported a record annual loss as natural disasters last year and a strong yen hurt its earnings.

The firm reported a net loss of 456.7bn yen ($5.7bn; £3.5bn) for the year to the end of March, compared with a 259.6bn yen loss last year.

The company said falling demand from developed markets also affected its earnings.

Brian Milligan reports.

  • 10 May 2012