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7/7/2006

Ahah.

Well, after reporting that Sony owes the Japanese Government $234M in taxes and wondering aloud how Sony will cope with that sudden cash loss, it’s now being reported that Sony has taken out a massive loan “for general purposes”.

How much? 80 billion yen (which is US $700 million). Well, that’d cover the tax problem, sure enough. Apparently this is the first loan that the company has taken out in a decade. I don’t know if that makes the situation better or worse.

Ganbatte, Sony.
Sony logo
Links:
Kotaku’s article on Sony’s loan
Games Industry’s article

Posted by Chidade in Sony |


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