Sony to Book 1.4 Trillion Yen Loss from Financial Business Spin-Off

MT Newswires Live

Oct 01

Sony Group (TYO:6758) expects to record a significant loss of approximately 1.400 trillion yen from discontinued operations in its fiscal 2026 ending March 31, 2026 earnings following the completion of its Financial Services business spin-off.

This loss stems from the deconsolidation and reclassification of the business's accumulated other comprehensive income, according to its Tokyo bourse filing on Wednesday.

The spin-off was executed by distributing shares of Sony Financial Group as dividends in kind to shareholders. Consequently, Sony's ownership in SFGI has been reduced to 16.40%, and it is now accounted for as an equity-method affiliate.

The total carrying amount of the distributed shares was approximately 463.9 billion yen.

This accounting treatment is a non-cash reclassification that does not impact Sony's total equity, cash flows, or profit from continuing operations.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2572558219"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2572558219\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2572558219?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-01 17:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2572558219","market":"sh","top_or_hot":-1,"title":"Sony to Book 1.4 Trillion Yen Loss from Financial Business Spin-Off","media":"MT Newswires Live","content":"<html><body><p> Sony Group (TYO:6758) expects to record a significant loss of approximately 1.400 trillion yen from discontinued operations in its fiscal 2026 ending March 31, 2026 earnings following the completion of its Financial Services business spin-off.</p><p>This loss stems from the deconsolidation and reclassification of the business's accumulated other comprehensive income, according to its Tokyo bourse filing on Wednesday.</p><p>The spin-off was executed by distributing shares of Sony Financial Group as dividends in kind to shareholders. Consequently, Sony's ownership in SFGI has been reduced to 16.40%, and it is now accounted for as an equity-method affiliate.</p><p>The total carrying amount of the distributed shares was approximately 463.9 billion yen.</p><p>This accounting treatment is a non-cash reclassification that does not impact Sony's total equity, cash flows, or profit from continuing operations.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sony to Book 1.4 Trillion Yen Loss from Financial Business Spin-Off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSony to Book 1.4 Trillion Yen Loss from Financial Business Spin-Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-10-01 17:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Sony Group (TYO:6758) expects to record a significant loss of approximately 1.400 trillion yen from discontinued operations in its fiscal 2026 ending March 31, 2026 earnings following the completion of its Financial Services business spin-off.</p><p>This loss stems from the deconsolidation and reclassification of the business's accumulated other comprehensive income, according to its Tokyo bourse filing on Wednesday.</p><p>The spin-off was executed by distributing shares of Sony Financial Group as dividends in kind to shareholders. Consequently, Sony's ownership in SFGI has been reduced to 16.40%, and it is now accounted for as an equity-method affiliate.</p><p>The total carrying amount of the distributed shares was approximately 463.9 billion yen.</p><p>This accounting treatment is a non-cash reclassification that does not impact Sony's total equity, cash flows, or profit from continuing operations.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2572558219","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572558219","pubTimestamp":1759309683,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Sony Group  expects to record a significant loss of approximately 1.400 trillion yen from discontinued operations in its fiscal 2026 ending March 31, 2026 earnings following the completion of its Financial Services business spin-off.This loss stems from the deconsolidation and reclassification of the business's accumulated other comprehensive income, according to its Tokyo bourse filing on Wednesday.The spin-off was executed by distributing shares of Sony Financial Group as dividends in kind to shareholders. Consequently, Sony's ownership in SFGI has been reduced to 16.40%, and it is now accounted for as an equity-method affiliate.The total carrying amount of the distributed shares was approximately 463.9 billion yen.This accounting treatment is a non-cash reclassification that does not impact Sony's total equity, cash flows, or profit from continuing operations.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4571":"数字音乐概念","BK4604":"机器人概念","BK4554":"元宇宙及AR概念","BK4078":"消费电子产品","BK4577":"网络游戏","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","SONY":"索尼","BK4588":"碎股"},"translate_title":"索尼将因金融业务分拆而损失1.4万亿日元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SONY":1.5},"content_text":"Sony Group (TYO:6758) expects to record a significant loss of approximately 1.400 trillion yen from discontinued operations in its fiscal 2026 ending March 31, 2026 earnings following the completion of its Financial Services business spin-off.This loss stems from the deconsolidation and reclassification of the business's accumulated other comprehensive income, according to its Tokyo bourse filing on Wednesday.The spin-off was executed by distributing shares of Sony Financial Group as dividends in kind to shareholders. Consequently, Sony's ownership in SFGI has been reduced to 16.40%, and it is now accounted for as an equity-method affiliate.The total carrying amount of the distributed shares was approximately 463.9 billion yen.This accounting treatment is a non-cash reclassification that does not impact Sony's total equity, cash flows, or profit from continuing operations.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}