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Electronics

Audio brand Onkyo weighs last-ditch sale of core business

Japanese company has tried and failed before to cash out of home entertainment

Onkyo Home Entertainment faces delisting from the Tokyo Stock Exchange. (Photo by Daishi Chiba)

OSAKA -- In its latest attempt to avert a financial collapse, Japan's troubled Onkyo Home Entertainment has again reached for the option of selling its core business.

The Osaka-based company said Friday it has entered into talks with Japan's Sharp and U.S.-based Voxx International as potential buyers for its home audiovisual business, which includes the Pioneer brand.

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