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MarketScreener Homepage  >  Equities  >  Tokyo  >  Sony Corporation    6758   JP3435000009

SONY CORPORATION

(6758)
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Sony : told to give new phone, Rs 20,000 damages

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05/18/2019 | 11:46am EDT

CHENNAI: For failing to replace a damaged mobile phone, a consumer forum here directed the manufacturer and the authorised service centre, to provide a brand new mobile phone and also compensation of Rs 20,000. R Paul Rafson Jani, a resident of Thoraipakkam, in his complaint said that he purchased Sony Xperia-Z mobile phone in 2013, however, in seven months, the phone began developing problems.

Jani said he purchased the phone from a Sony authorised outlet by paying Rs 35,999 and within seven months the display turned black and had heating issues.

With the authorised dealer seeking Rs 16,000 for repairing damages the phone that was still under warranty, Jani submitted a complaint with the District Consumer Disputes Redressal Forum, Chennai (South), seeking a compensation of Rs 2.12 lakh.

Denying the allegations, the counsel for Sony India Private Limited produced photographs to prove the external damage of the phone. After investigation, it was also found that the phone had developed a huge crack, which was also submitted. However, the tribunal rejected the firm's arguments.

No proper report on allegations: Forum The District Consumer Disputes Redressal Forum, Chennai (South), headed by S Mony, observed that there was no proper report to the allegations made by the manufacturer against the complaints raised. Subsequently, the tribunal directed the manufacturer to replace the mobile phone with a brand new one and provide a compensation of Rs 20,000

(c) 2019, Express Network Pvt Ltd. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (JPY)
Sales 2020 8 668 B
EBIT 2020 847 B
Net income 2020 543 B
Finance 2020 1 720 B
Yield 2020 0,62%
P/E ratio 2020 14,6x
P/E ratio 2021 13,4x
EV / Sales2020 0,72x
EV / Sales2021 0,64x
Capitalization 7 934 B
Technical analysis trends SONY CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 22
Average target price 7 674,29  JPY
Last Close Price 6 449,00  JPY
Spread / Highest target 33,4%
Spread / Average Target 19,0%
Spread / Lowest Target -10,1%
EPS Revisions
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NameTitle
Kenichiro Yoshida President, Chief Executive Officer & Director
Shuzo Sumi Chairman
Hiroki Totoki Chief Financial Officer & Director
Toru Katsumoto Senior Managing Executive Officer, Head-R&D
Makoto Toyoda Chief Information Officer & Executive Officer
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