No one said that the company is doing rosy, thats why kaz is the CEO now, they are in restructure mode.  They are trying to get smaller purporsely.

They reduce the number of TV models last year in order to cost save.  They have to lay off people and close studios, sell building and non core assets like it chemical business, its joint ventures that did not make any sense but was costing them 1 billion dollars a year, its upcoming battery business and reinvest in the thing that most people constantly say they should do, invest in their core stuff like consumer electronics, phones and games.

$236million --> $1.1bn in 10 years? No.

Rule of thumb for property is double value every 10 years, so 2002--> 2012 should only be ~$500 Million with a start value of $236 Million.

But look, 1992-->2012 = 20 years which means you'd expect $236 million to turn into about $1bn give or take a couple hundred million.

If Sony really did get 4x buy price in only 10 years then that's really amazing capital gain. Perhaps things were going for cheap in New York in 2002, being less than a year after 9/11.

Your habit of saying I'm sure....is very indicative of your making too many assumptions.  I support Sony via TV purchases, HDAV purchase, PS3 purchase even though I only played one game on it.  You must be too busy defending Sony you are like a mad dog that will bite anyone that dares saying anything negative.  

Just to give you an example of your lack of understanding of Sony as a company:

sony have other building up for sale and fired ten thousand work force so not good new either

2008 Berlin
2013 Tokyo
2013 New York

If this is the cheapest way to get the money they desperately need, then go for it. You can't do it more than once though.

So it's just news? Practices happen like this every day in business more so in recent years, it's just a sign of using business equities in a more efficient matter. Exactly what Sony is doing, can't turn things around sitting on your ass.

i don't think the market is responding just to this statement (did it even deliver numbers?) in that extreme way. i think it is three things:

- that statement

- selling the building with profit

- the third thing is:

japans new government plans a money flood. markets already react to that. NIKKEI is up today ~3 percent. the last two month it were 25 percent.

Nikon up 5.8 percent today. panasonic up 5.3 percent today. and as we know sony is in financial trouble and has to pay high for debt, i think sony profits the most from cheap money (better said the hope for cheap money which will come in some weeks?).

I wonder if this means Sony's divisions are moving to slightly more modest headquarters.

I guess the times will do that to everybody.

Kaz is going ahead with his plan, good 2 see hes a man of action and not all talk.

did not know sony sold building in berlin