Sony Dips Below 1,000 Yen For First Time Since 1980: Tokyo Mover

Sony Corp. (6758) dropped below 1,000 yen in Tokyo trading for the first time since 1980, when the Walkman was new, after Japan’s currency gained and the U.S. added jobs at a slower-than-estimated pace.

The shares fell 1.7 percent to close at 996 yen on the Tokyo Stock Exchange. Sony, which recorded an all-time intraday high of 16,950 yen in March 2000, last closed below 1,000 yen on Aug. 1, 1980, according to data compiled by Bloomberg.

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