Sony has officially announced the sale of its Sony City Osaki office in Tokyo for 111.1 billion yen ($1.2 billion) as part of its ongoing restructuring. However, it will continue to remain there for the next five years.
The 25 storey building housing around 5,000 employees has been bought by the Nippon Building Fund and an undisclosed Japanese institutional investor.
“Sony is transforming its business portfolio and reorganizing its assets in an effort to strengthen its corporate structure. This sale was conducted as a part of this reorganization,” an announcement read.
Last month Sony sold-off its NYC office for $1.1 billion. Also, recently they have announced details about their latest Playstation 4 in a strange way without actually having a device on display.
Sony’s consolidate financial forecast for the ficasl year ending March 31, 2013, which was announced on February 7, 2013, and its consolidated financial results for the fiscal year ended March 31, 2012.
|
Well, whether 2013 will be the year for Sony is something we’ll have to wait and watch.
In a modern business, device diversity is not just an operational reality; it is the…
We already know that because of the electricity used by high-powered equipment to “mine” crypto…
The recent service outage that Amazon Web Services (AWS) experienced in the US brought several…
Can we make data centers smart and green? Warning about AI’s electricity consumption speed was…
The Tech Panda takes a look at recent tech launches. Fintech: ICICI Bank & Visa…
The Tech Panda takes a look at how Indian companies are partnering with foreign businesses…