Kazus on 17 April 2014
| kowenicki said: Hmmm. Basic lack of accounting understanding here. Just $47m of that is profit. Over $100m of it is the return of their OWN original investment. So the profit gain that will show on the accounts next FY is $47m dollars. The rest is a balance sheet swap of an investment to cash. $47m is a welcome windfall, but kinda tiny in the grand scheme of things for a company of this size. |
Literally, what I came here to post. Not sure how much this will help. Hopefully, it actually does something long term (and not backfire if SE suddenly starts doing great) or Sony will be inevitably doomed and regret this decision.
