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A man walks past an advertisement board of Sony's Walkman at an electronic shop in Tokyo May 10, 2012.
A man walks past an advertisement board of Sony's Walkman at an electronic shop in Tokyo May 10, 2012.
(Kim Kyung-Hoon/Reuters)

FINANCIAL TIMES

Competing plans for Sony are equally shaky

Lex is a premium daily commentary service from the Financial Times. It helps readers make better investment decisions by highlighting key emerging risks and opportunities.

Anyone prepared to take on the task of turning around a Japanese electronics group likes challenges. But the latest option suggested for Sony has to be one too far: spin off its electronics business. Put another way, that calls for the company to pitch a business which in five years has lost a fifth more than it sold.