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Sony, Panasonic stocks hit 30-year lows
Panasonic President Fumio Ohtsubo
The stocks of Japan’s electronics giants Sony and Panasonic have plunged to their lowest in over three decades with companies reporting USD 5.7 billion and USD 9.67 billion annual losses respectively.
Sony’s shares dived 6.43 percent to 1,135 yen on Thursday, while Panasonic closed down 1.55 percent at 570 yen on Friday.
The firms’ shares stood at their...
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