Sony finalizes asset proportion for financial services spin-off
Sony Group Corporation has announced a final estimated proportion of "0.206" for distributed assets related to the partial spin-off of Sony Financial Group Inc. (SFGI). This proportion is crucial for Japanese tax purposes, helping shareholders calculate the acquisition cost per share for both Sony and SFGI common stock post-spin-off. The company anticipates no changes to this estimate before the dividend in kind becomes effective.
The spin-off of SFGI, a wholly-owned subsidiary operating Sony's Financial Services business, was resolved on September 3, 2025, and is scheduled for October 1, 2025. Shareholders as of September 30, 2025, will receive official notification of the finalized proportion around early November 2025. Comprehensive details, including tax treatment and information for American Depositary Receipt holders, are available on Sony's website.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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