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JAPAN

Loss-saddled Sony to sell its Tokyo buildings

TOKYO, JAPAN: Sony will sell properties at a prestigious Tokyo site where it had its headquarters for six decades, as the once-world beating firm struggles to improve its bottom line.

3 Mar 2014

JAPAN

Sony sells Tokyo building for ¥111bn

TOKYO, JAPAN: Sony said Thursday (28 February) it has sold one of its main buildings in Tokyo for US$1.2bn as the embattled Japanese electronics giant offloads assets to help repair its tattered balance sheet.

1 Mar 2013