Sony to sell Tokyo building to fund its restructuring


The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2013 AFP

©2021 GPlusMedia Inc.

Login to comment

I've always been a Sony supporter, but 968 yen a share? At least their new smartphone, the Xperia Z, has gotten great reviews. Let's hope there's more well designed products in the pipeline.

0 ( +0 / -0 )

"Japan’s battered electronics sector has suffered from myriad problems including a high yen, slowing demand in key export markets, fierce overseas competition and strategic mistakes that left its finances in ruins."

And maybe some uninspiring products also?

4 ( +4 / -0 )

Sony stock price still has a PER of 48, hardly what you would call a good stock buy unless you really thought they had fantastic things in the pipeline that would greatly increase their profits over the next few years... They still have a ways to go.

0 ( +0 / -0 )

...oh, and as for the wonderfully reviewed Xperia Z... Their mobile business accounts for 1% of their business! That single sector is not going to fix Sony's woes. (For those not in Japan, the post above that says PER = P/R in common american terminology, which is the "Price earnings Ratio").

0 ( +0 / -0 )

I'm impressed these tech giants finally understand that it is no longer possible to act like they did 20-30 years ago. Soon, they might even have to cut the top dogs' kyabakura accounts... Nah, that would be to go too far.

-1 ( +0 / -1 )

"Their mobile business accounts for 1% of their business! That single sector is not going to fix Sony's woes."

ItsMe: That may be true but anything north of 1% is better than recent sales, which have been going decidely south.

-1 ( +0 / -1 )

How the mighty have fallen.

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites