On 10/05/07, [EMAIL PROTECTED] <[EMAIL PROTECTED]> wrote: > And sorry if you think I am stupid or something, but I don't remember > reading on list the suggestion that they have a buyer already lined up. > Because it > is only a clever move is a buyer IS already lined up. Otherwise it's a pretty > dumb move, unless they are doing it to reduce debit and also plan to lay off > people.
No one called you stupid Marnie, though if you think that a prime real business estate would be difficult to sell in Tokyo then you're likely just uninformed. Pentax also have other properties that will be able to absorb the displaced staff, see below. > But if they are selling the building just to raise money, with a buyer in > hand already then no one has to move out of the building. And after the Hoya > deadline is over, Pentax can buy back the building. With stock concessions to > whoever bought it. Assuming that new owners do not also wish to be the occupants. "Central to the plans is the sale of the land and buildings at Pentax's headquarters in Tokyo's Itabashi Ward, where its administrative departments and an R&D center are located. Some operations will be transferred to towns in Tochigi and Saitama prefectures, where the company already has plants, while head office functions will remain in Tokyo. It expects to gain around 12 billion yen from the sale. On top of this, Pentax will continue to overhaul less profitable businesses. It will abandon the development of medium-format single-lens reflex cameras designed for professional photographers and specialize in digital SLR offerings for new and intermediate users." -- Rob Studdert HURSTVILLE AUSTRALIA Tel +61-2-9554-4110 UTC(GMT) +10 Hours [EMAIL PROTECTED] http://picasaweb.google.com/distudio/PESO http://home.swiftdsl.com.au/~distudio//publications/ Pentax user since 1986, PDMLer since 1998 -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
