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Forums - Sony - Kaz Hirai "Its now or never"

Barenziah said:
400b yen of operating profit,doesn't seem possible even if its the 2 year plan


it does sony's profitable divisions alone make around that much but after restructuring and tv/pc losses it puts them in the red ;)



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celador said:
Really hope they can turn it around, even more so because I know some people on this forum will be seriously upset if Sony return to profit.

Just like some people will be upset if Nintendo turns a profit? Or Microsoft shows off some nice games?



veritaz said:

And they have 8.08 billion cash on hand. I left out a lot of things, I'm not here you teach people everything. Edit: Going to stop right here, going off topic too much. 


I feel like you aren't quite grasping how assets vs. liabilities works, though.

You said they could sell off more buildings and that would be fine for them, but their buildings are their assets.  They don't get more money by selling them.  They just turn a fixed asset into a liquid asset which they can use to pay off a liability by selling them.

So by comparing 155b in assets vs. 124b in liabilities, you're effectively saying that those assets are enough to cover all liabilities.  And as Soundwave says, assets on balance sheets can be recorded higher than their actual value, so realising them through sale might mean that the asset value of the company goes down.

And of course, if liabilities ever exceed assets then the company is technically insolvent, because they literally don't have enough money to pay off all their debts.

8b cash in hand compared to 124b liabilities is a drop in the water.

(Of course, 124b in debt isn't going to need to be paid all in one go, but in theory there always needs to be enough money in existence to cover anything they would owe)



Barenziah said:
how can "Sony" have a good/profitable financial section when as a whole "sony" is considered as junk and on the way out by everyone apart from kaz & us sony fanboys

who in their right minds gets insurance/loans from sony or whatever it is that sony financials actually does,what does it actually do


No it is not junk. It means it is risky to invest in Sony at the moment, but doesn't mean their products and services are junk. And besides, the way you speak makes me think you're a cave dweller. 



...Let the Sony Domination continue with the PS4...

Hirai is an extremely smart man. He sold off Vaio, something that desperately needed to happen, and made some major organization reforms that have been gradually shrinking the company's overall losses. All he needs to do is fix the TV sector (i.e. sell it) and focus on Phones/ tablets, PC software, and gaming. The company should eventually start turning an overall profit then.



0331 Happiness is a belt-fed weapon

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Kresnik said:
veritaz said:

And they have 8.08 billion cash on hand. I left out a lot of things, I'm not here you teach people everything. Edit: Going to stop right here, going off topic too much. 


I feel like you aren't quite grasping how assets vs. liabilities works, though.

You said they could sell off more buildings and that would be fine for them, but their buildings are their assets.  They don't get more money by selling them.  They just turn a fixed asset into a liquid asset which they can use to pay off a liability by selling them.

So by comparing 155b in assets vs. 124b in liabilities, you're effectively saying that those assets are enough to cover all liabilities.  And as Soundwave says, assets on balance sheets can be recorded higher than their actual value, so realising them through sale might mean that the asset value of the company goes down.

And of course, if liabilities ever exceed assets then the company is technically insolvent, because they literally don't have enough money to pay off all their debts.

8b cash in hand compared to 124b liabilities is a drop in the water.

(Of course, 124b in debt isn't going to need to be paid all in one go, but in theory there always needs to be enough money in existence to cover anything they would owe)

I know how they work. I didn't want to go too off topic because of warnings from other mods. Since you are replying I'm assuming it's fine? I was just going off of how much they can sell and with the cash on hand they have. They could survive for around 20 more years at the loses they have been getting the past 8 years without going under with those factors. It was poorly worded and I didn't explain enough. 



MohammadBadir said:
celador said:
Really hope they can turn it around, even more so because I know some people on this forum will be seriously upset if Sony return to profit.

Just like some people will be upset if Nintendo turns a profit? Or Microsoft shows off some nice games?

Undoubtedly, someone will be upset. Doesn't mean we should wish for companies to fail?

"Success always attracts a group of haters. If there are no haters in your life, it means you haven’t had a true success yet"




In this day and age, with the Internet, ignorance is a choice! And they're still choosing Ignorance! - Dr. Filthy Frank

Dr.Henry_Killinger said:
MohammadBadir said:
celador said:
Really hope they can turn it around, even more so because I know some people on this forum will be seriously upset if Sony return to profit.

Just like some people will be upset if Nintendo turns a profit? Or Microsoft shows off some nice games?

Undoubtedly, someone will be upset. Doesn't mean we should wish for companies to fail?

"Success always attracts a group of haters. If there are no haters in your life, it means you haven’t had a true success yet"



Nice quote. All of a sudden I feel a lot better =P



Justagamer said:
Sony is hurting, everyone knows this. But for kaz to come out and basically say, if they can't turn it around this fiscal year, they're screwed, should open up even the most optimistic eyes. That's a sinking ship, and nothing short of a miracle, will keep it afloat. Very unfortunate.

He did not say they are screwed, he stated they would have no choice!

"no choice on what" ?

Notice Kaz did not say what that was, and as for 

" That's a sinking ship, and nothing short of a miracle, will keep it afloat. "

Thats like saying there is no way that Sony can fix this!, which many people have been freaking preaching over and over on here, like for example:

Sony sell off building's but yet turned right around and purchased a 400,000 Sq. ft complex for playstation the same d@mn year they sold off the HQ.

this is kinda of like saying that a company with the assets that Sony has is not worth much, many are trying to imply that it's not , but when you sell off a building for over a billion $$$, that in fact shows otherwise.

Many are trying to steer this as what happens to playstation? kinda Question, but the Answer is already there, its not for sale! the entertainment arm of Sony has no public offering, thus in order for the investors to get that it has to come up for a vote, the entire freaking board of directors told them NO! do many not seem to get that on here? that was not aimed at you, but the fact that certain member's on this site try to imply that Playstation is not worth that much for Sony, well look at this way unlike TV's and PC's Sony is reinvesting into the entertainment arm of Sony not just a lil bit of money but billions! thats not some small part of the comapny when your company is seen by the west as "junk status" with such a low market cap!

Its quite ironic about how many threads of these types we get about Sony going belly up and many that try to do "Toading" of anyone of the three companies when each of the companies has not only billions in cash reserves, yes even SONY but has billions in physical assets.

why do you think sony is getting into real estate?

getting more money out of sold holding's for other companies to buy, is a top priority! what better way to divest some of those 138+ billion's in physical holdings to make a killer sale on return on the holding's.

Sony has over 138,000+ employee's to worry about and they are at least trying to save those job's 1st. if they were not trying to save those jobs they would have let that lost making tv section go along time ago way before loosing over 9 billion in 9 straight years of loss!



I AM BOLO

100% lover "nothing else matter's" after that...

ps:

Proud psOne/2/3/p owner.  I survived Aplcalyps3 and all I got was this lousy Signature.

He always sets ridiculous targets that they never meet. This should be his last year as CEO if their loses are bigger than expected again.



    

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