Sony says only "natural disaster" could keep TVs in red this year

TOKYO: Only a "natural disaster" could keep Sony Corp's TV division from returning to profit this year, the head of the newly independent business said on Monday, after a decade in the red and repeated missed promises of a turnaround. 

Masashi Imamura told a media round table that the TV business, which will become a separate subsidiary of Sony Corp on July 1, could better respond to market fluctuations after taking a scalpel to fixed costs last year and tackling expenses at distribution companies next.