On May 14, 2025, Sony set out a plan to give its shareholders slightly more than 80% of Sony Financial Group Inc.
On May 14, 2025, Sony Group set out its plan for a partial spin-off of its Financial Services business: it would give its shareholders slightly more than 80% of the shares of Sony Financial Group Inc. (SFGI), one SFGI share for each Sony share. Sony said it planned to keep slightly less than 20% of SFGI and to submit the resolution to carry out the spin-off to its board in early September 2025. The schedule set a record date of Sep 30, 2025 and a distribution date of Oct 1, 2025, subject to Tokyo Stock Exchange approval of the listing of SFGI shares. The announcement was attached to a Form 6-K, the report a foreign company files with the US Securities and Exchange Commission, signed on May 14, 2025.1,2,3,4,5,6,7,8
How each figure was checked
- the day of Sony's update on the partial spin-offMay 14, 2025Sony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
- the subsidiary to be spun off and what it operatesSony Financial Group Inc. (SFGI)Sony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
- Sony's plan to distribute SFGI shares to its shareholdersslightly more than 80%Sony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
- the share of SFGI Sony planned to keep after the spin-offslightly less than 20%Sony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
- when Sony planned to submit the resolution for the spin-off to its boardSeptember 2025Sony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
- the record date and the distribution date of the dividends in kindSeptember 30, 2025; October 1, 2025Sony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
- the spin-off was subject to Tokyo Stock Exchange approval of the listingsubject to approval from the TSESony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
- the date the 6-K is signedMay 14, 2025Sony Group Form 6-K filed on SEC EDGAR, May 14, 2025 ↗
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The record
- Company
- Sony Group (CIK 313838)
- Form
- 6-K
- Accession
- 0001104659-25-048344
- Filed
- May 14, 2025
- Period of report
- May 14, 2025
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