At Sony’s Financial Services segment –
which includes its insurance and banking subsidiaries –
year-on-year revenue decreased 24 percent in its third quarter, to
reach ¥103.1 billion (€860 million).
During the nine months ending 31 December,
¥383 billion of net cash was provided by financing activities –
this is a decrease of ¥45 billion, or 10.5 percent,
year-on-year.
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As a whole, the segment had a net cash inflow
of ¥176.5 billion from operating activities, up 7.6 percent
year-on-year. However, an operating loss of ¥37.4 billion was also
recorded, largely due to losses experienced at Sony Life, its
insurance subsidiary.
