In a move to try and bolster capital during a touch economic time for the company Sony has entered into an agreement to sell their holdings in Square Enix to SMBC Nikko Securities Inc., a large Japanese financial security firm. The move will see control of Sony's shares, 8.2% of Square Enix, move to the firm for a total profit of (roughly) $47 Million dollars (the deal is $4.8 Billion Yen).
This ties in to several thousand lay offs, the sale of their Tokyo Offices and the announcement that they plan to sell off the Vaio PC brand and overhaul their TV operations into it's own subsidiary. Expect more layoff's and more sales. The financial picture will become clearer when they release year end financial results on May 14th.
The gaming side of things actually seem to be doing fairly well however. PS4 sales are far above expectations and the Vita is doing well as well. On the publishing side of things (SOE) seems to be doing ok but has seen some reworks of recent, including the Sony All Access Pass and pretty much every game being F2P, and again a clearer picture will emerge post May 14th.