Sony outlined how its various businesses have been impacted by the coronavirus pandemic. The conglomerate's gaming business appears to have escaped mostly unscathed so far, but its motion pictures and music units are experiencing significant disruptions.
Sony Corp. issued its first statement Friday outlining how its myriad business lines have been impacted by the ongoing coronavirus pandemic.
In a statement, Sony said it is "striving to answer the needs of society and its customers to the best of its ability, and to minimize the impact of the virus on its business." In a dash of bright news, Sony estimated that its gaming segment would experience "no material impact on this business for the current fiscal year." The company's current fiscal year ends on Tuesday, March 31, however. Looking ahead, the company warned: "Although no issues have emerged so far, Sony is carefully monitoring the risk of delays in production schedules for game software titles at both its first-party studios and partner studios, primarily in Europe and the U.S.
In order to keep employees safe and meet the mandates of local governments, Sony said it has shut down most of its offices in the U.S., Europe and Japan, instructing most employees to work from home.
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