Thursday, June 21, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Micron Had a Record Quarter in Terms of Revenue and Profitability
Bose Noise-Masking Sleepbuds Will Help You Sleep
Intel to Bring Silicon-Based Security to AI and Blockchain Workloads
Microsoft to Buy Bonsai to Build 'Brains' for Autonomous Systems
Instagram Unveils 10-Minute Videos, Reaches 1 Billion Monthly Users
Foxconn to Further Expand in the U.S. Market Though Vizio
Microsoft Releases Microsoft News App For Windows 10, iOS and Android
Galaxy S9 and S9+ Sunrise Gold Available in the U.S.
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Sony To...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 01, 2015
Sony To Sell Olympus Shares


Sony has entered into a contract to sell 17,243,950 shares of its 34,487,900 shares of Olympus Corp. to JP Morgan Securities Japan Co., Ltd.

Sony now owns 5 percent of Olympus shares compared to 10 percent as of end-September 2014, Olympus said in a statement.

"Sony entered into this contract of sale to strengthen its financial resources and obtain funds for growth-oriented strategic investments," Sony said in a statement.

Following the sale, Sony plans to continue to collaborate with Olympus through its business alliance with Olympus and the medical business venture, Sony Olympus Medical Solutions Inc.

In connection with the sale, Sony expects to record a gain on the sale of approximately 46.8 billion yen as other income during the
first quarter for the fiscal year ending March 31, 2016.

Sony bought shares in Olympus in 2012, providing it with cash to fix its depleted finances after an accounting scandal forced it to restate several years of earnings.



Previous
Next
Amazon Button for Instant Product Ordering        All News        Tech Industry Enjoys April Fools' Day
Amazon Button for Instant Product Ordering     General Computing News      Facebook User Tracking Violates EU Law, Research Says

Get RSS feed Easy Print E-Mail this Message

Related News
Sony at E3: Death Stranding, The Last of Us Part II, Spider-Man, Nioh 2, and More
New Sony 0.5-type OLED Microdisplay Supports UXGA Resolution and the World's Smallest Pixel Pitch
Sony to Spend $2.3bn to Make EMI Music Full Subsidiary, Outlines Content-centric Strategy
Sony SPRESENSE IoT Boards Come With Multi-core CPU and GNSS Receiver Onboard
Sony Says God of Wars Sold More Than 3.1 M Copies in Three Days
Sony Profits Soar to $4.5 bn on Image Sensor Sales, Movies
Sony's DPT-CP1 Paper E Ink Tablet Coming Early June
Sony's Xperia XZ2 Premium Brings Ultra-high Sensitivity Dual Camera, 4K HDR Movie Recording and Display
New Sony a7 III 24MP Full Frame Mirrorless Camera Retails For Less Than $2,000
Sony's New Xperia XZ2 Supports 4K HDR Video Recording
Sony to Build Taxi-hailing System
New Sony Back-Illuminated CMOS Image Sensor Enables Global Shutter Function

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .