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Sony Corp (SNE.N)

SNE.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sony recalls Vaio laptop computer battery packs due to burn, fire hazards
Wednesday, 15 Jun 2016 05:12pm EDT 

U.S. Consumer Product Safety Commission: Sony recalls Vaio laptop computer battery packs due to burn and fire hazards . U.S. Consumer Product Safety Commission says recall involves about 1,700 units . Recall involves Panasonic lithium-ion battery packs installed in 18 models of Sony's Vaio series laptop computers .No incidents or injuries were reported.  Full Article

Sony: to fully resume Kumamoto plant operations by end-August
Tuesday, 24 May 2016 03:10am EDT 

Sony Corp <6758.T> : Says it will fully resume operations at Kumamoto plant by end-august (Reporting by Makiko Yamazaki) ((Ritsuko.Ando@thomsonreuters.com;)).  Full Article

Sony sees device unit operating loss of 40 bln yen this FY
Tuesday, 24 May 2016 02:07am EDT 

: Sony: sees fy2016/17 devices unit operating loss of 40 billion yen ($366 million) versus 29.2 billion yen loss last fy . Sony: sees combined 105 billion yen impact from Kumamoto earthquake in imaging products, devices operations Further company coverage: [6758.T] ($1 = 109.2400 yen) (Reporting By Chris Gallagher and Chang-Ran Kim) ((chris.gallagher@thomsonreuters.com;)).  Full Article

Sony to issue year-end dividend for FY 2016
Thursday, 28 Apr 2016 02:00am EDT 

Sony Corp:To issue a year-end dividend of 10 yen per share to all the shareholders of record as of March 31, for FY ended March 2016.Payment date May 31.Says latest dividend forecast was 10 yen per share.  Full Article

Sony amends consolidated full-year outlook for FY 2016
Thursday, 21 Apr 2016 02:00am EDT 

Sony Corp:Says the company increased the consolidated full-year outlook for revenue to 8,100,000 million yen from 7,900,000 million yen for FY ended March 2016.Sees a decrease of operating profit forecast to 290,000 million yen from 320,000 million yen.Sees a decrease of pre-tax profit forecast to 300,000 million yen from 345,000 million yen.Sees an increase of net profit forecast to 145,000 million yen from 140,000 million yen.Says decreased costs and impairment loss from camera module as well as decreased interest rate as reasons.  Full Article

Sony and Jackson Estate conclude final agreement for Sony's unit to acquire remaining half of Sony/ATV music publishing
Monday, 18 Apr 2016 07:00pm EDT 

Sony Corp:Sony Corp and Estate of Michael Jackson concluded a final agreement on April 18 (America Eastern Standard Time) for Sony's wholly owned subsidiary Sony Corporation of America (SCA) to acquire remaining half of Sony/ATV Music Publishing LLC.SCA to hold a 100 pct stake in Sony/ATV Music Publishing LLC after the transaction.Previous plan was disclosed on March 14.  Full Article

Sony Corp and Jackson Estate sign definitive agreement
Monday, 18 Apr 2016 05:00pm EDT 

Sony Corp:Says it's unit Sony Corporation of America signed a definitive agreement with the Estate to obtain full ownership of Sony/ATV Music Publishing LLC ("Sony/ATV") by acquiring the 50% interest in Sony/ATV held by the Estate.  Full Article

Hatena to jointly start business with Sony
Tuesday, 29 Mar 2016 10:45pm EDT 

Hatena Co Ltd:Says Hatena and Sony Corporation to jointly develop new business, as well as development and sale of advertising products in news service.  Full Article

Sony and Jackson Estate reach agreement for Sony to acquire remaining half of Sony/ATV music publishing
Monday, 14 Mar 2016 07:44pm EDT 

Sony Corp:Sony and Jackson estate reach agreement for Sony to acquire remaining half of sony/atv music publishing.Says mou calls for total payments of $750 million.Says expects that this transaction will have no material impact on its consolidated results forecast for the fiscal year.Sony Corporation of America to obtain full ownership of sony/atv music publishing llc by acquiring 50% interest in sony/atv held by estate.Deal includes payment by sca of about $733 million as well as distributions previously committed to by sony/atv to be paid to estate.Says deal's impact on sony's consolidated financial results for the fiscal year ending March 31, 2017 is currently being evaluated.  Full Article

Sony to transfer storage medium business to unit
Monday, 22 Feb 2016 01:00am EST 

Sony Corp:To transfer its storage medium business to its wholly owned Miyagi-based subsidiary, effective on April 1.  Full Article

EU mergers and takeovers (July 26)

BRUSSELS, July 26 The following are mergers under review by the European Commission and a brief guide to the EU merger process: