Bloomberg.com reported on May 27 this week that Moody´s cut Sony´s debt rating. The debt grade was reduced from A3 to A2. A3 is the fourth-lowest of the agency’s 10 investment-grade ratings. As reasons increased competition, slowing demand and strong yen were indicated. All this factors erode Sony´s earnings and decrease their profitability. The reduction affects $18.7 billion in debt - that´s a lot! A reduction in creditworthiness means that it gets harder for Sony to get credits.

Sony´s actual share price 18.45 €