Sony's share value has plummeted following the company's announcement yesterday that it had lost 3.6 billion over the prior fiscal year.
Stock value fell around seven per cent to 1,135 in Japan, while the US value fell two per cent to $15.37 - a 31- and 19- year low, respectively.
Sony pinned much of the blame for the financial loss on a series of natural disasters in Japan, and the strong Yen.
Newly appointed CEO Kaz Hirai is already preparing to axe 10,000 jobs worldwide as part of a wider restructuring drive that aims to return the company to profit, a target Sony predicts it will hit at the end of the current fiscal year.

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