The sell-off continues. The WSJ is reporting today that Sony is looking to sell its former headquarters in central Tokyo. This comes just weeks after the struggling consumer electronic maker sold its PC division and watched its credit rating cut to junk status by bond credit rating agency Moody’s.
This is the birthplace of the Trinitron TV and Sony Walkman. Clearly nothing is safe from being sold.
In 2013 Sony sold its Madison Avenue U.S. headquarters for $1.1 billion and one of its main Tokyo buildings for another $1.1 billion. The sale of this iconic building will only net the company $146.5 million, though.
Sony moved to this building in 1947, a year after launching the company. While it’s generally viewed as the building where the company developed the Trinitron, Walkman and more, Sony officials stated that this is not where they came up with the idea. That other building is now a museum and not on the chopping block — yet.