Sony has postponed its quarterly earnings report by a month
and a half due to the cyberattack on Sony Pictures in November 2015, the Sony
announced Friday
In an application filed with the Financial Services Agency
of Tokyo JAPAN (FSA), Sony asked that the earnings report deadline for the
third quarter of the fiscal year ending March 31, 2015
As for the reasoning behind the request, Sony claims the
"highly sophisticated and damaging cyberattack" on Sony Pictures
caused "a serious disruption of
SPE’s network systems including the destruction of
network hardware.As a result, most of Sony Pictures' financial,
accounting and other tech applications won't be functional until early Feb.
2015.
The Sony will hold a conference for the press and analysts
on Feb. 4, 2015, but with a caveat that the actual earnings report will be far
from finished at that date. Still, Sony currently believes that the impact of
the cyberattack on its financial results is "not material."
The cyberattack on Sony Pictures has exposed a bevy of
corporate data to the public, including emails from high ranking Sony
officials, unfinished movie scripts, projected movie earnings and more.
The attack and the subsequent threats of violence from the
hackers prompted Sony to pull The Interview, a comedy about a fictional
assassination of North Korean leader Kim Jong-un, from its planned December
theatrical release. Still, the movie was released online in Dec., raking in $15
million in the first four days of availability.
Glen Johnson
I'm Glen Jonhson. A full time Technology Blogger.
Website:
https://www.socialworldtips.com
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