Key Developments: Sony Corp (SNE.N)
21.40USD
18 Jun 2013
$0.68 (+3.28%)
$20.72
$21.54
$21.60
$21.29
920,469
967,567
$23.38
$9.59
Latest Key Developments (Source: Significant Developments)
Sony Corp, Olympus Delay Medical Venture As Regulatory Approval On Hold-Reuters
Reuters reported that Sony Corp and Olympus Corp have again delayed the start of a joint venture (JV) to develop medical equipment because they have yet to gain approval from some regulators. Plans by the Japanese companies to establish a joint venture to design and build medical devices have struggled to win approval in China, according to a source at one of the corporations familiar with the matter. Neither Sony or Olympus have said where they are still awaiting permission from regulators. Full Article
Olympus Corp and Sony Corp Announce Update on Establishment of Joint Venture
Olympus Corp and Sony Corp announced that it has to extend the date of establishment of joint venture, which was announced on September 28, 2012. Full Article
Sony Corp And Koninklijke Philips Electronics NV owned Intertrust Technologies Corp Sues Apple Inc-Reuters
Reuters reported that Intertrust Technologies Corp, a software firm owned by a group that includes Sony Corp and Royal Philips Electronics (Koninklijke Philips Electronics NV) said, it has sued Apple Inc for infringing 15 patents relating to security. The lawsuit covers devices such as the iPhone and iPad, Mac computers and laptops, Apple TV and services including iTunes, iCloud and the Apple App Store, Intertrust said in a statement that gave no dollar figure associated with the lawsuit. Apple declined to comment. Full Article
Sony Corp's Subsidiary Completes Selling of Property
Sony Corp announced that its 100%-owned subsidiary Sony Corporation of America has completed the selling of its headquarter building, for USD 1.1 billion, on March 15, 2013. Full Article
Sony Corp's Board Chairman Stringer To Retire-Reuters
Reuters reported that Sony Corp's board Chairman Howard Stringer will retire in June, the Financial Times reported. The departure of Stringer, who last year handed the top post to Kazuo Hirai, would officially mark an end. He will step down at a shareholders' meeting in June, the paper said. Sony could not be reached for comment immediately. Full Article
Sony Corp Announces Price for Selling Shares of DeNA Co Ltd
Sony Corp announced that it has decided to sell 17,722,500 shares of DeNA Co Ltd to Nomura Securities Co Ltd, for JPY 43.5 billion, effective March 7, 2013. Full Article
Sony Corp to Sell Shares of DeNA Co Ltd to Nomura Securities Co Ltd
Sony Corp announced that it has decided to sell 17,722,500 shares (13.14% stake) of DeNA Co Ltd to Nomura Securities Co Ltd, effective March 7, 2013. Sony Corp will hold no stake in DeNA after the transaction. Full Article
Nippon Building Fund Inc to Acquire Property from Sony Corp
Nippon Building Fund Inc announced that it has decided to acquire a property located in Tokyo, for JPY 66,660,000,000 from Sony Corp on February 28, 2013. Full Article
Olympus Corp Completes Private Placement to Sony Corp
Olympus Corp announced that it has completed the private placement of 21,287,900 shares of its common stock at the price of JPY 1,454 per share to Sony Corp. As a result, Sony has become the top shareholder of Olympus with 11.46% voting rights, up from 4.72%, effective February 22, 2013. Full Article
Sony Corp Announces Selling Price of M3 Inc to Deutsche Securities Inc.
Sony Corp announced that it has decided the selling price of the 95,000 shares of M3 Inc to Deutsche Securities Inc., at JPY 14, 200 million in total. Full Article
Third Point ups Sony stake, calls for independent entertainment board
TOKYO - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman. | Video
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