Sony Breakup Would Be Better Late Than Never

[joeorc]

mutantsushi said:

think-man said:
What ever it takes I guess, they can't go on bleeding money forever.

Like the article says, the only reason they posted a loss was because of restructuring charges. 
More restructuring would just carry more charges.
The aim of the "activist investor" pushing total breakup is not boosting profits, it is a better valuation on paper.
I don't see why Sony is obligated to that perspective in anyway, they are obligated to pursue profits and growth,
but however investors wish to valuate Sony based on it's published numbers, is the investor's own business,
Sony's obliation to owners is to produce profit, not to achieve theoretical rankings.
The only benefit of boosting their valuation is to speculators who then sell,
those who buy at curretn cheaper price get better earnings/price ratio with current set up, and post structuring Sony looks profitable.

EXACTLY!, Sony's Board already gave them the Answer! of taking the entertainment arm public, and it was a big fat No!

the most outspoken investors that want this break up to happen is "west centric" holding firms, not japanese, again if 40 d@mn straight years of How the japanese market has operated as proof, that Most of the time the west held "investment hedge funds" its seen as "vulture" aggressive action, and despite the big bellowing of the west centric investors that have billion's $ Hedge fund investment's, the japanese view this type of agressive as not being very friendly to the mainly "employed Japanese" and since most of these west hedge fund holding companies are not mainly Japanese themselves they do not really grasp the culture to dictate what is best for Japan!

To many they see this as you are being to quick to not give the "japanese" in charge the right to change the course of the company, and if that takes more time and more loss, than so be it, they look at it as japanese know what's best for japan! if you are not japanese than you really cannot be as viable to dictate japanese life. Even if the west centric holdings can in fact run it better the mostly japanese people in charge do not see it that way.

Until that culture Dynamic changes, it will not change, and if 40 years straight is anything to go by its not changing anytime soon, recent response to dan loeb's asking of the entertainment arm to go public is proof enough, the entire board voted with all member's voting a No on a public offering of any part of the entertainment arm. this percieved "pressure" building is pretty much a soft wind, because its been building up for over 9 d@mn years straight with over 9+ freaking billions lost , and yet it has not pushed the board to really change the way they want, the board is choosing to change the way the board wants to take the company.

pretty much the entire board would have to be displaced at this point, and well that's very unlikely to ever happen!