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Kasz216 on 01 May 2014
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Sleepyprince said:
kowenicki said:
maximrace said:
How long can this continue without serious problems for them?


They have serious problems.

Junk rated and their stock is all but dead.  They are simply servicing debt (at every higher costs) and limping along.  They are also burning through assets including cash at an alarming rate.

These kinds of losses have implications.  But people here have never understood that... or dont want to understand that.

Just so you know : Sony is approx 140 000 employees, it's not Nintendo (5000 employees). Japan governement will never, ever let Sony sink. That is why no one there seem to worry about losses that much at Sony headquarter. Japan is in the top five richest country in the world. It had already happen with a lot of Japanese companies. Sony is worth 30 billion dollars, again it's not Nintendo. 

Plus, Sony is not a random japanese company. It's one of Japan's tech pride. Same goes for Nintendo, Nissan, Panasonic. Governement will never let them collapse. Don't be a fool mate, it's not just a matter of number here. We all know who would buy Playstation if Sony goes bankrupt => Samsung. It would be a shame for Japanese people to let it one of their strongest brand (Playstation) be bought by a Korean company. Hence why that will never happen, even if japanese governement has to nationalize Playstation and Xperia brand.  

If you don't see Sony panic that much, that's because there is obvious reasons. Same goes for Toyota, Nintendo 

And really, the only thing I care about Sony is Playstation. And I do think Playstation is way too big for Sony to handle, I even made a thread about it here. I dream about Samsung buying the Playstation Brand but that will never happen. 


Eh, if anything the Abe government is looking to let at least one prestige company fall down to prove that the won't allow any "Zombie corporations" no matter how big.  Anything like nationalizing of sony as a whole would be a huge betrayal of his economic principles.  (Granted his economic priciples aren't looking so hot at the moment, but I'd guess he wants to stick to them, since the status quo is a death sentence anyway.)

Not saying it will be Sony.  But to count on the government to save Sony when they  have serious problems being able to  afford to pay their own bills is highly optimistic.

 

 

As for Toyota and Nintendo.  Those companies are much much much more healthy.

 

Nintendo has so much money in the bank that if they wanted to they could buy companies who's profits are greater their their loses if they wanted to diversify.  (Nintendo being the odd duck of japanese companies, not wanting to be diverse).