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 October 2007
Commission File Number: 001-06439
SONY CORPORATION
(Translation of registrant's name into English)
1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, 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: October 01, 2007
List of materials
Documents attached hereto:
i) Press release announcing Determination of offer price for the shares of
common stock of Sony Financial Holdings issued and sold in conjunction with
its listing on the Tokyo Stock Exchange
Sony Corporation
October 1, 2007
Determination of offer price for the shares of common stock of Sony
Financial Holdings issued and sold in conjunction with its listing on
the Tokyo Stock Exchange
On October 11, 2007, Sony Financial Holdings Inc. ("SFH"), a consolidated
subsidiary of Sony Corporation ("Sony"), plans to list its shares of common
stock on the Tokyo Stock Exchange. In conjunction with this listing, 725,000
existing shares of SFH common stock held by Sony, plus 75,000 shares newly
issued by SFH, are being offered for sale. It was determined today that the
offer price per share for such offerings is to be 400,000 yen per share.
Sony estimates that the above-mentioned offering of existing shares will
contribute approximately 78 billion yen to consolidated income before taxes and
approximately 14 billion yen to consolidated net income for the fiscal year
ending March 31, 2008. The impact of this transaction was not incorporated into
the outlook for the fiscal year ending March 31, 2008, announced by Sony on July
26, 2007. These amounts do not include the effect from the Greenshoe Option
described below.
Note: The estimated amounts mentioned above are calculated based on financial
information as of August 31, 2007.
Details of the offerings of new and existing shares:
1. Number of existing shares to be sold by Sony:
725,000 shares
In addition to the offering by Sony of 725,000 shares, the representative
of the Japanese underwriters will over-allot an additional 70,000 shares,
which will be lent to such representative by Sony. In connection with such
over-allotment, Sony has granted an option to purchase up to 70,000
additional shares (the "Greenshoe Option") to such representative. The
Greenshoe Option will be exercisable until November 2, 2007.
2. Number of new shares to be issued and sold by SFH:
75,000 shares
3. Shares of SFH to be held by Sony after the offerings:
1,375,000 shares
(This amount represents approximately 63.2% of the outstanding shares of
SFH, after the issuance of new shares by SFH but excluding the effect of
the Greenshoe Option described above. If the Greenshoe Option is exercised
in full, Sony will hold 1,305,000 shares, representing 60.0% of the
outstanding shares of SFH, after the issuance of new shares by SFH.)
Cautionary Statements
This document is intended as general information regarding Sony's sale of a
portion of its shareholding in SFH, and shall not be considered a solicitation
of these securities. This document shall not constitute an offer to sell any
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 any offer or sale of such securities in the
United States without registration or qualification for exemption from
registration under the Securities Act shall not be permitted. In the event of a
public offering of the securities in the United States, a prospectus written in
English, which shall contain detailed information about SFH and its management,
as well as financial statements, shall be prepared in accordance with the
Securities Act and shall be obtainable from SFH. Sony does not intend to
register any part of the intended offering in the United States.
Statements made in this document with respect to Sony's current plans,
estimates, strategies and beliefs and other statements that are not historical
facts are forward-looking statements about the future performance of Sony. These
statements are based on management's assumptions and beliefs in light of the
information currently available to it. Sony cautions you that a number of
important risks and uncertainties could cause actual results to differ
materially from those discussed in the forward-looking statements, and therefore
you should not place undue reliance on them. You also should not rely on any
obligation of Sony to update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. Sony disclaims any
such obligation. Risks and uncertainties include the impact of any future events
with material adverse impacts.