Agreement for the Transfer of Battery Business” release, Sony Corporation (“Sony”) entered into a binding
definitive agreement with Murata Manufacturing Co., Ltd. (“Murata”) to transfer its battery business to Murata for
approximately 17.5 billion yen.
Related to the planned transfer, Sony expects to record an impairment charge of approximately 33.0 billion yen as
an operating loss in the Components segment and 4.5 billion yen is expected to be recorded in income taxes during
the fiscal year ending March 31, 2017 (April 1, 2016 to March 31, 2017). As a result, a loss of approximately
37.5 billion yen is expected to be recorded in net income attributable to Sony Corporation’s shareholders for the
fiscal year ending March 31, 2017. To incorporate this loss, the consolidated results forecast announced on July
29, 2016 for the fiscal year ending March 31, 2017 has been revised as detailed below.
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