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Sony Sells Property in Tokyo to Sumitomo

8 March 2014 00:26 WIB

Logo Sony. AP/Itsuo Inouye

TEMPO.CO, Jakarta - Sony Corporation has agreed to sell some buildings in Tokyo to Sumitomo Realty and Development, a Japanese real estate company, as reported by StockMarketWire.com.

They are the NS Building and Building 4 and premises (1-12, Kitashinagawa 5 cho-me, Shinagawa-ku,) at the Gotenyama Technology Centre.

Sony expects to realise a gain on the sale, to be recorded as operating income, in the first quarter of the financial year ending March 31 2015, when the sale closes.

STOCK MARKET WIRE




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