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Both of these sales combined will retire about 2% of Sony's liabilities, add close to 8-9 billion yen a year in rental expenses going forward. I am rooting for Sony's new initiatives with smartphones, tablets, and PS4 to take off, one time gains selling your none investment real estate is nothing to cheer.

But to some of you here cheering this news. If you have a friend in business and he just told you, he sold his house and staying as a renter, buy him a beer and shut up. Don't do the " you're the man!" shit.