Japan's Sony reports declining profit but expects a record for this year

TOKYO (AP) — Japanese electronics and entertainment giant Sony Group Corp. reported a 3.4% drop in its annual profit but projected Friday a comeback to record profits for the current fiscal year.

Associated Press

Tokyo-based Sony’s net profit for the year through March totaled 1.03 trillion yen ($6.6 billion), down from 1.07 trillion yen in the previous fiscal year.

Endinga plan to release an electric vehicle with Japanese automaker Honda Motor Co.hurt its earnings. Rising costs of computer chips also bit into profit and remain a concern, according to Sony, which has film, music and video-game operations.

Sony is forecasting a 1.16 trillion yen ($7.4 billion) profit for this fiscal year, which would be a record for the company and a 13% jump from the year that just ended.

Annual sales at Sony for the fiscal year that just ended rose 3.7% from the previous year to nearly 12.5 trillion yen ($8 billion), boosted by hit films such as the latest in the “Demon Slayer”series and“Kokuho,”and by healthy demand for games and network services.

On a quarterly basis, profit at Sony, which is behind the Bravia andPlayStationbrands and the “Spider-Man” movies, fell 63% to 83 billion yen ($529 million) from 224 billion yen in the same period a year earlier.

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Quarterly sales edged up 8% to 3 trillion yen ($19 billion), said the company, whose musical artists includeBad BunnyandSza.

Sony is counting on healthy sales from its upcoming films, such as“Spider-Man: Brand New Day”and “Jumanji: Open World,” to boost its bottom line for the current fiscal year.

Also Friday, Sony said it would spend up to 500 billion yen ($3.2 billion) to buy back ⁠up to 230 million shares.

Sony stock, which has been trading at about 3,000 yen ($19) lately, gained 1% on Friday.

Yuri Kageyama is on Threads:https://www.threads.com/@yurikageyama

Japan's Sony reports declining profit but expects a record for this year

TOKYO (AP) — Japanese electronics and entertainment giant Sony Group Corp. reported a 3.4% drop in its annual profit but projected Frid...
Detroit Pistons’ rally falls short in Game 3 loss to Cavaliers

Cleveland — A 20-second sequence late in the second quarter best illustrated how the Detroit Pistons stayed two steps behind the Cleveland Cavaliers for much of Saturday.

USA TODAY

At the 3:00 mark of the second quarter, Donovan Mitchell hit a crossover, stepback 3-pointer over Duncan Robinson. On the Pistons’ next offensive possession, Max Strus forced Cade Cunningham into a careless turnover, which the Cavaliers instantly converted into Jarrett Allen’s one-handed dunk over Jalen Duren.

After three straight dreadful plays, Pistons coach J.B. Bickerstaff called a timeout as fans at Rocket Arena gave their team a standing ovation. The Pistons walked back to the bench in disarray and never seemed to break free from the subpar play that left them trailing 64-48 at halftime.

However, if there is one thing the Pistons have consistently shown, it is that they are a team that cannot be underestimated. Detroit mounted a rally in the second half, outscoring the Cavaliers 33-19 in the third quarter. However, it wasn't enough to prevent a 116-109 Game 3 loss. The Pistons lead the Cavaliers 2-1 in the series.

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Cunningham posted 27 points, nine rebounds and 10 assists. Tobias Harris finished with 21 points. Jalen Duren's subpar performance left him with 11 points. Mitchell led with 35 points, eight rebounds and four assists. Allen added 18 points, 13 of which came in the first half.

coty.davis@detroitnews.com

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This article originally appeared on The Detroit News:Detroit Pistons’ rally falls short in Game 3 loss to Cavaliers

Detroit Pistons’ rally falls short in Game 3 loss to Cavaliers

Cleveland — A 20-second sequence late in the second quarter best illustrated how the Detroit Pistons stayed two steps behind the Clevel...
A $2.4 million California renovation is getting a high-tech USGA boost

INDIO, California —  Every golfer has had this thought at one time or another. Playing a course, either familiar or new, a golfer will look at some feature on the course, a bunker, a lake or a piece of grass that seems completely unreachable and said, “Who in the world would hit the ball over there? I couldn’t hit the ball there if I tried.”

USA TODAY

It’s fair to say that almost every golf course has some area that is maintained but receives minimal, if any, traffic during a typical day’s play. When a golf course like the South Course at Shadow Hills Golf Club near Palm Springs, decides it needs some renovation on its layout, where traffic flows on the course is the kind of information that can be vital.

That’s where a GPS tracking system comes in, like the one the United States Golf Association offers. For a fee, the USGA can set a golf course up with a transponder system to track where there is and isn’t traffic on the course.

“How far right are golfers hitting it in the rough on the sixth hole so we can introduce a low-maintenance rough area to save costs without slowing pace of play?” the USGA website says about the system. “How far can we move up the start of the fairway on the 12th hole without creating a carry that is too long from the forward tee?”

Shadow Hills opened in 2004 as a course for the residents at the 55-and-over Sun City development in north Indio, but is also open to public play. It is one of the latest clubs to use the USGA transponder service. Management company Troon and Shadow Hills have put the data from the transponders to good use, general manager Scott Winant said.

“We put these little transponders on all the golfers for a week or so to see where they went on the course,” Winant said. “What sand traps weren’t in play at all, which ones were.”

The eighth green may be one place bunkers are removed or changed in size as Shadow Hill Golf Club renovates the course this summer. A fourth bunker even farther to the left of the green makes for plenty of sand on the par-4.

The results of that transponder survey have led Shadow Hills to shut down their South Course for the summer, starting May 18 – the property’s 18-hole par-3 North Course will not be impacted – for some significant renovations. With Gary Brawley as the architect in charge of the changesand Integrity Golf doing the constructionas it has done for so many desert courses in recent years, the project will have a wide scope. That will start with information from the transponders, focusing mostly on bunkers.

“We are going to remove about 40 percent of the square footage of bunkers, either reducing size or changing the shape of them a little bit,” Winant said. Winant added that some bunkers will be removed completely in the project.

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The South Course is known in part for its bunkers, large bunkers with high faces along the fairways and near the greens. Other work on the bunkers will also be part of the process, refreshing the 20-year-old course designed by Schmitt-Curley architects.

“We are going to remove all the sand from the bunkers and we are going to re-line all the bunkers,” the general manager said. “We are doing spray-on liners so we won’t have the liners sticking up anymore.”

Like most golf courses that do renovations these days, the focus will also be on the greens on the South Course. Bermuda greens that are overseeded with cool-weather grass all tend to shrink over time. Brawley and Shadow Hills will take the existing greens back to their original size, adding as much as four to six inches around the entire collar of the green. But unlike many desert courses, the South Course will not be converting to the popular MiniVerde grass for its greens.

“We are not going to change that yet,” Winant said. “It might be something we look at down the road as Troon does some more research on an annual grass that you don’t have to overseed.”

The 18th green near the clubhouse of the South Course at Shadow Hills Golf Club in Indio. The course will close on May 18 for the summer for renovations on bunkers, greens and tee boxes.

Other work on the golf courses will include irrigation work on some areas that get too much water from the irrigation sprinklers, but there won’t be a complete overhaul or changing of the irrigation system, Winant said. Some areas where Bermuda grass no longer grows will be sodded with Bermuda to aid in overseeding in the fall.

“We have wet spots just due to drainage issues and we are going to fix all of that,” he said. “We’ll do some of the landscaping on the course.  We are overseeding wall to wall now instead of browning out the rough.“

The tees on the golf courses will also be leveled to make up for 20 years of traffic. It all might seem like a lot, but it is work that can be completed in one summer.

“It’s going to be a pretty big project. It’s about $2.4 million,” Winant said. “We’ll be back up after overseed. So the traditional date that we would open up, about the first of November, that’s what we are planning.”

This article originally appeared on Palm Springs Desert Sun:California golf course renovation using golfer data from USGA

A $2.4 million California renovation is getting a high-tech USGA boost

INDIO, California —  Every golfer has had this thought at one time or another. Playing a course, either familiar or new, a golfer will ...
MTG’s fiancé quits reporting job a week after Trump zinger during White House Q&A

Marjorie Taylor Greene’s fiancé has quit his job as a White House correspondenta week after President Donald Trump took a pot shot at the former congresswoman.

The Independent US

Brian Glenn, a reporter for right-wing network Real America’s Voice, announced his decision Thursday during an interview with conservative podcaster Eric Bolling, adding that he wanted to spend more time with family and friends.

“This has been really the only life I’ve known, you know, chasing the news, being in front of the camera, a lot of times behind the camera, and especially in the last seven, eight years, following President Trump,being kind of the MAGA mouthpiece, if you will,for the Trump America First agenda,” Glenn said.

Glenn has been engaged to Greene since December.The former House Representative from Georgia was once one of Trump’s loudest MAGA allies but has broken with the president on a number of issues including the botched release of the Epstein files and the Iran war. She left Congress in January.

Trump referenced his fractured relationship with Greene when Glenn was in the Oval Office with other members of the press last week. “You know, you act so good. I love this guy. He’s a great guy, even though I don’t love his girlfriend too much,” the president said, in response to a question Glenn asked about his plan to scrap the filibuster.

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Glenn has been engaged to Greene since December. The former House Representative from Georgia was once one of Trump’s loudest MAGA allies but has broken with the president on a number of issues in recent months including the botched release of the Epstein files and the Iran war (Getty) The animosity between Greene and Trump began with the president’s handling of the Epstein files after she pushed for greater transparency. Congress eventually passed a law ordering the Department of Justice to release the full files. In return he has called her ‘deranged’ (AFP/Getty)

In the interview withBolling!, Glenn also revealed details of his upcoming nuptials.

“And of course, Marjorie and I, planning a wedding, likely before the end of the year. That’s a little bit of breaking news… as well. Focus on that, but really focus on each other. And I think that this campaign can be grueling,” he said. “It can really kind of drain the life out of a lot of people. And I’m 56 years old. I’m not a young kid anymore.”

The animosity between Greene and Trump began with the president’s handling of the Epstein files after she pushed for greater transparency. Congress eventually passed a law ordering the Department of Justice to release the full files.

The Georgia firebrand has also been highly critical of the Iran war and its impact on the domestic front.

In response to the Trump administration’s release of information about UFOs Friday, Green wrote: “I’m so sick of the ‘look at the shiny object’ propaganda while they wage foreign wars, let rapist and pedophiles run free, and ruin the value of our dollar. Unless they roll out live aliens and test demo UFOs or actually admit what we know this really is then I have way better things to do on this Friday.”

In a separate post she added: “The most transparent administration in history still hasn’t released all the Epstein files or arrested anyone, but rolled out some UFO files today so you would get so excited that you forgot you are paying over $4.50/gallon because they are fighting another foreign war they said they would no longer fight.”

MTG’s fiancé quits reporting job a week after Trump zinger during White House Q&A

Marjorie Taylor Greene’s fiancé has quit his job as a White House correspondenta week after President Donald Trump took a pot shot at t...

 

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