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POSTED BY: Atari | PUBLISHED: June 27, 2008 | COMMENTS (0)

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Sony has said how it will make its television and video game units profitable this financial year as part of a series of strategic announcements. The BBC News has the story.

Sony's ROE has been an average of 6% over the past three years, which is well behind its competitors, so it now aims to lift its ROE to 10%.

"That target is a sign of Sony's sense of crisis that it could really become a takeover target if it doesn't lift its ROE to at least over 10%," said Mitsushige Akino from Ichiyoshi Investment Management.

 



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