Information  X 
Enter a valid email address

Sony Corp (SON)

  Print      Mail a friend

Wednesday 17 September, 2014

Sony Corp

Notice Regarding Interim Dividend and Year-End ...

Notice Regarding Interim Dividend and Year-End Dividend for the Fiscal Year Ending March 31, 2015

Sony Corporation

Sony Corporation
1-7-1 Konan, Minato-ku
Tokyo 108-0075

September 17, 2014

Notice Regarding Interim Dividend and Year-End Dividend for the Fiscal Year Ending March 31, 2015

Sony Corporation (the “Corporation”) decided, at the meeting of its Board of Directors held today, that no interim dividend or year-end dividend of common stock of the Corporation for the fiscal year ending March 31, 2015 will be paid.

I. Details of the Dividends

<The interim dividend for the fiscal year ending March 31, 2015>

    Details of resolution   Latest dividend forecast   FY 2013

Interim dividend (Actual)

Record date September 30, 2014 September 30, 2014 September 30, 2013
Dividend per share ¥0 No forecast ¥12.50
Total amount of dividends ¥12,970 million
Dividend payment starting date December 2, 2013
Source of dividends Retained earnings

<The year-end dividend for the fiscal year ending March 31, 2015>

    Details of resolution   Latest dividend forecast   FY 2013

Year-end dividend (Actual)

Record date March 31, 2015 March 31, 2015 March 31, 2014
Dividend per share ¥0 No forecast ¥12.50
Total amount of dividends ¥13,046 million
Dividend payment starting date June 3, 2014
Source of dividends Retained earnings

II. Reasons for Determination of Dividend Amount

As we stated in our Securities Report (Yukashoken Houkokusho) and Annual Report on Form 20-F for the fiscal year ended March 31, 2014, Sony believes that continuously increasing corporate value and providing dividends are essential to rewarding stockholders. The company’s dividend policy is to determine the amount of dividends based on consolidated operating results, financial condition and future business expectations. In light of the downward revision in this fiscal year’s forecast for consolidated financial results due to the impairment charge in the Mobile Communications segment announced today, Sony has determined to pay no interim dividend or year-end dividend for the fiscal year ending March 31, 2015.


a d v e r t i s e m e n t