First It Was Their PC Business Now Sony Is Trying To Sell Their HQ

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After moving to sell off their PC business struggling Japanese consumer electronics Company is now trying to flog off their headquarters and surrounding buildings in central Tokyo.

Last week the Company announced that they were closing down 20 retail stores in the USA. 

According to a Nikkei report the sale by the struggling electronics giant continues the offloading of real estate holdings from a year ago, when the company sold its U.S. headquarters building at 550 Madison Ave. in New York City for $1.1 million.

The building, the company’s headquarters from 1990 and 2007, has been used most recently to house Sony’s medical businesses and various other non-consumer related operations.

According to reports, Sony is selling the building for around $150 million.

The building is located in a Shinagawa Ward called “Gotenyama,” where Sony began. Sony founders Akio Morita and Masaru Ibuka first moved to the area in 1947 and eventually expanded to more than 10 buildings there. The location was used to innovate and introduce some of the Sony’s most iconic products, including the Walkman portable music player and Trinitron TVs.

The Sony building which was the actual birthplace of Sony, and many of its key early devices, is now a historical museum and not part of the sale.

More recently, Sony announced it was selling off most of its Vaio PC business and was spinning off its TV business into a separate unit. 
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