Sony : Notice Regarding the Interim Dividend Forecast for the Fiscal Year Ending March 31, 2021

August 4, 2020

Sony Corporation

Notice Regarding the Interim Dividend Forecast

for the Fiscal Year Ending March 31, 2021

Sony Corporation ("Sony" or the "Corporation") has determined the interim dividend forecast on shares of common stock of the Corporation for the fiscal year ending March 31, 2021 as follows:

I. Details of the Dividend

		Dividend per share
Record date	Interim dividend	Year-end dividend	Total
(September 30)	(March 31)
Dividend Forecast	¥25	Undetermined	Undetermined
FY19 Actual Dividend	¥20	¥25	¥45
(ended March 31, 2020)

II. Reasons for Determination of Dividend Amount

As Sony stated in its Securities Report (Yukashoken Hokokusho) and Annual Report on Form 20-F for the fiscal year ended March 31, 2020, Sony believes that continuously increasing corporate value and providing dividends are essential to rewarding stockholders. It is Sony's policy to utilize retained earnings, after ensuring the perpetuation of stable dividends, to carry out various investments that contribute to an increase in corporate value, such as those that ensure future growth and strengthen competitiveness. In light of the consolidated financial results forecast for the fiscal year ending March 31, 2021 and other information set forth in the earnings release announced today, Sony has forecasted that it will pay 25 yen per share as an interim dividend for the fiscal year ending March 31, 2021, based on the policy outlined above. Sony intends to determine the actual amount of dividends based on an overall consideration of its consolidated operating results, financial condition and future business expectations.

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