Sony Financial Group Inc. shares will start trading on Tokyo bourse on Monday after being spun off from Sony Group Corp. which is moving to focus on its entertainment and image sensor businesses.
The reference price for the Sony Group’s financial unit was set at ¥150 last week, ahead of its trading due to commence at 9 a.m. in Tokyo. The number translates into a market capitalization of about ¥1 trillion ($6.7 billion).
AloJapan.com