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Acquisition of Land

Jul. 28, 2014

Sony Life Insurance Co., Ltd. ("Sony Life"), a wholly owned life insurance subsidiary of Sony Financial Holdings Inc., today announced that it has entered into an agreement with Sony Corporation ("Sony") on July 28, 2014, to acquire the land on which Sony Life owns a building. The details of the building are described as below.

Sony Life aims to close this acquisition by the end of September 2014. Sony Life will have an ownership of both the land and the building after this acquisition.

The Details of the Building:

  • Name:Sony City
  • Address:7-1, Kounan 1 cho-me, Minato-ku, Tokyo, Japan
  • The Acquisition Price of the Land:¥52.8 billion

Note:This is an English-language summary of a Japanese announcement made by Sony Life on July 28, 2014. The summary was prepared by Sony Financial Holdings solely for the convenience of non-Japanese readers.