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Yikes.

So what I'm gathering from the numbers is that they included the chemical business, but it wasn't enough to offset the debt pay offs to keep them in the black. That's just painful.

Just as a heads up to those who don't know, Operating Income is the total income of the company before Interest, Taxes and similar things. Net Income is the total after those are subtracted from the total. So, going from a $388m operating income to a $198m loss between operating income and net income is about average from what I've seen for Sony. This is basically what happens when one is up to their eyeballs in debt. That'd be $510m in interest and taxes between.