Form 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of December 2005
Commission File Number: 001-06439
SONY CORPORATION
(Translation of registrant's name into English)
7-35 KITASHINAGAWA 6-CHOME, SHINAGAWA-KU, TOKYO, JAPAN
(Address of principal executive offices)
The registrant files annual reports under cover of Form 20-F.
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F,
Form 20-F X Form 40-F __
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934,
Yes No X
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):82-______
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
SONY CORPORATION
(Registrant)
By: /s/ Nobuyuki Oneda
(Signature)
Nobuyuki Oneda
Executive Vice President and
Chief Financial Officer
Date: December 08, 2005
List of materials
Documents attached hereto:
i)Press release announcing Sale and Issuance of New Shares in Sony
Communication Network Corporation
Sony Corporation
6-7-35 Kitashinagawa
Shinagawa-ku
Tokyo, 141-0001
Japan
No. 05-077E
December 08, 2005
Sale and Issuance of New Shares in Sony Communication Network Corporation
On December 20, 2005, Sony Communication Network Corporation ("SCN"), a
consolidated subsidiary of Sony Corporation ("Sony"), plans to list its common
stock on the Mothers market of the Tokyo Stock Exchange. In association with
this listing, it was determined today that the offer price per share for the
public offering of new and existing shares of SCN common stock is to be
340,000 yen per share.
Regarding the impact on Sony's consolidated financial results for the fiscal
year ending March 31, 2006, Sony estimates that the above-mentioned public
offering will contribute approximately 19.0 billion yen to consolidated income
before taxes and approximately 11.2 billion yen to consolidated net income.
The impact of this transaction is not incorporated within the outlook for the
fiscal year ending March 31, 2006, announced by Sony on October 27, 2005.
Details of this public offering of new and existing shares are stated below:
(1)Number of Shares to be Sold by Sony and Sony Finance International ("SFI"):
70,000 shares
(Shares to be sold by Sony: 66,000 shares)
(Shares to be sold by SFI: 4,000 shares)
In addition to the number of shares stated above, Sony has granted an option
to purchase up to 12,000 additional shares (the "Greenshoe Option") to one of
the underwriters. The Greenshoe Option will be exercisable until January 13,
2006.
(2)Number of New Shares to be Issued by SCN: 20,000 shares
(3)Shares of SCN Held by Sony After the Public Offering:
165,520 shares
(This represents approximately 64.8% of the outstanding shares of SCN,
including the issuance of new shares but excluding the Greenshoe Option
described above.)
(4)Method of Sale and Offering: Secondary offering (in the case of shares to
be sold by Sony and SFI) and primary offering (in the case of the newly
issued shares) to the public in Japan.
Note:
This press release is intended as general information regarding Sony and SFI's
sale of a portion of their shareholdings in SCN and issuance of new shares by
SCN and shall not be considered a solicitation of these securities. This press
release shall not be construed as an offering of securities in any region
including the United States or Canada. The securities will not be or have not
been registered under the Securities Act of 1933, as amended (the "Securities
Act") and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements under the
Securities Act.