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Financial Times — Tech — Sony financial services — Corporate Spin-Offs — Japanese Business & Finance — Technology Sector

Sony considers partial spin-off and listing of financial services unit

Sony plans partial spin-off and relisting of shares of its financial unit to invest in entertainment business and image sensors, unlocking value in the Japanese conglomerate.

1 min read
  • Sony considers partial spin-off and relisting of shares of its financial services arm to bolster investments in its entertainment business.
  • Sony plans to retain a stake of about 20% and target a timeframe of 2-3 years for the listing.
  • The move will help strengthen Sony's investment capacity for image sensors and entertainment.
  • Sony will make use of a government scheme that allows companies to break up their units without incurring additional tax burdens.
  • Investors welcome the move as a way to unlock value in the Japanese conglomerate.
Sony considers partial spin-off and listing of financial services unit
Shares of Japanese conglomerate rise 6% as investors welcome idea
Financial TimesKana Inagaki

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