, Debt ratings of Sony and Panasonic cut to junk status by Fitch
Fitch, a ratings agency, has slashed the ratings of two Japan’s well-known electronics producers, Sony Corp. and Panasonic Corp., to junk status, underlying their weakness in TV operations and consumer electronics. The fall in the debt ratings of Sony and Panasonic has vastly diminished the glow of these once great electronics brands of Japan.
