Arab Today, arab today sony to sell tokyo building
Last Updated : GMT 18:31:22
Arab Today, arab today
Arab Today, arab today

Sony to sell Tokyo building

Arab Today, arab today

Arab Today, arab today Sony to sell Tokyo building

Tokyo - AFP

Japanese electronics giant Sony plans to sell one of its main buildings in Tokyo to finance its business restructuring effort, according to a report. Sony is realigning its operations as it looks to turn the page on a difficult few years, including selling off its chemical division, as it invests 50 billion yen ($572 million) in camera and medical equipment maker Olympus. The sale of the building, which was completed in March 2011, is part of an effort to raise cash for the restructuring, the Nikkei business daily said, without putting a figure on its value. However, based on real estate prices in Tokyo, it is expected to be more than enough to cover the cost of the Olympus investment. The 25-storey building with two levels underground is in Tokyo's Osaki district, which accommodates Sony's television division, the Nikkei said. About 5,000 people work in the building, it said. Sony is also considering selling its building in New York's Manhattan, the paper added. Shares in the company were 3.73 percent higher in late afternoon trade, at 970 yen.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sony to sell tokyo building Arab Today, arab today sony to sell tokyo building

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sony to sell tokyo building Arab Today, arab today sony to sell tokyo building

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday