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Wednesday 01 October, 2014

Sony Corp

Announcement of additional information about Co...

Announcement of additional information about Company Split (Small-scale Company Split) of Sony Corporation into JOLED Inc., a new integrated company in the organic light-emitting diode display panels business

Sony Corporation

October 1, 2014
Sony Corporation

Announcement of additional information about Company Split (Small-scale Company Split) of Sony Corporation into JOLED Inc., a new integrated company in the organic light-emitting diode display panels business

Sony Corporation (“Sony”) today announced that Sony and JOLED Inc. executed the company split agreement described in the press release titled “Announcement of Company Split (Small-scale Company Split) of Sony Corporation into JOLED Inc., a new integrated company in the organic light-emitting diode display panels business,” dated July 31, 2014. Under the company split agreement, JOLED Inc. will succeed to approximately ¥600 million of assets and approximately ¥500 million of liabilities (each number is based on the book value as of March 31, 2014). Except for theses amounts, which had not been determined in July, there are no updates or changes from the press release dated July 31, 2014. Please refer to the following URL for that press release: http://www.sony.net/SonyInfo/IR/news/20140731E.pdf.


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