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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)

BRIEF-Sony cuts this FY image sensor sales forecast to Y48 bln from Y51 bln
2:50am EDT 

Corrects image sensor sales forecast to Y48 bln, not Y480 bln.: Sony cuts full-year image sensor sales forecast to 48 billion yen from 51 billion yen . Sony lowers full-year smartphone sales forecast to 19 million handsets from 20 million Further company coverage: [6758.T] (Reporting by Christopher Cushing) ((christopher.cushing@thomsonreuters.com;)) Keywords: (CORRECTED).  Full Article

Sony cuts this FY image sensor sales forecast to Y480 bln from Y51 bln
2:26am EDT 

: Sony cuts full-year image sensor sales forecast to 480 billion yen from 51 billion yen . Sony lowers full-year smartphone sales forecast to 19 million handsets from 20 million Further company coverage: [6758.T] (Reporting by Christopher Cushing) ((christopher.cushing@thomsonreuters.com;)).  Full Article

Sony signs memorandum of understanding to transfer battery business to Murata Manufacturing
Thursday, 28 Jul 2016 02:12am EDT 

Sony Corp <6758.T>:Says the co and Murata Manufacturing Co., Ltd.<6981.T> entered into a non-binding memorandum of understanding that confirms their intent to negotiate the transfer of the Sony Group’s battery business to the Murata Group.  Full Article

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

EU mergers and takeovers (July 29)

BRUSSELS, July 29 The following are mergers under review by the European Commission and a brief guide to the EU merger process: