{"id":43920,"date":"2015-09-17T11:25:58","date_gmt":"2015-09-17T16:25:58","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-legal\/contracts\/uncategorized\/shareholder-handling-regulations-sony.html"},"modified":"2015-09-17T11:25:58","modified_gmt":"2015-09-17T16:25:58","slug":"shareholder-handling-regulations-sony","status":"publish","type":"corporate_contracts","link":"https:\/\/corporate.findlaw.com\/contracts\/securities\/shareholder-handling-regulations-sony.html","title":{"rendered":"Shareholder Handling Regulations – Sony"},"content":{"rendered":"

(TRANSLATION)<\/em>SHARE HANDLING REGULATIONS <\/strong>SONY
\nCORPORATION<\/strong><\/p>\n

\n

\n<\/p>\n

(TRANSLATION)<\/em>SHARE HANDLING REGULATIONS
\nOF
\nSONY CORPORATION<\/strong>
\n(Sony Kabushiki Kaisha)<\/em>CHAPTER I<\/strong> GENERAL
\nPROVISIONS<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 1.<\/strong><\/td>\n<\/td>\n(Purpose)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. These Regulations established under the authority granted by the Articles
\nof Incorporation of the Corporation, as amended, as well as the rules
\nestablished by the Japan Securities Depository Center, Inc. (the “JASDEC”), a
\nbook-entry transfer clearing institution, and by account management institutions
\n(each an “Account Management Institution”), such as securities companies at
\nwhich shareholders have their own transfer accounts, shall govern the business
\npertaining to shares and stock acquisition rights of the Corporation. 2. In
\naddition to the provisions of the preceding paragraph, the rules established by
\nthe trust bank designated by the Corporation as an account management
\ninstitution for the special account (tokubetsu koza<\/em>) shall govern the
\nbusiness pertaining to such special account opened under the agreement entered
\ninto by and between the Corporation and such trust bank.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 2.<\/strong><\/td>\n<\/td>\n(Transfer Agent)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The Transfer Agent of the Corporation and its handling place shall be as
\nfollows:<\/p>\n\n\n\n\n\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Transfer Agent:<\/p>\n<\/td>\n

<\/td>\n\n

Mitsubishi UFJ Trust and Banking Corporation<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n\n

4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Handling Place:<\/p>\n<\/td>\n

<\/td>\n\n

Mitsubishi UFJ Trust and Banking Corporation<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n\n

Corporate Agency Department<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n\n

4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 3.<\/strong><\/td>\n<\/td>\n(Account Management Institution for Special Account)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The Account Management Institution for the special account of the
\nCorporation shall be as follows:<\/p>\n\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\n

Account Management Institution:<\/p>\n<\/td>\n

<\/td>\n\n

Mitsubishi UFJ Trust and Banking Corporation<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/td>\n\n

4-5, Marunouchi 1-chome, Chiyoda-ku, Tokyo<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n<\/p>\n

CHAPTER II<\/strong> REGISTER OF SHAREHOLDERS<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 4.<\/strong><\/td>\n<\/td>\n(Entry or Digital Entry in the Register of Shareholders)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. The Corporation shall make an entry or a digital entry in the register of
\nshareholders in accordance with a notice given by the JASDEC concerning all
\nshareholders. 2. In the case where the Corporation receives a notice of change
\nin address of a person recorded, in writing or digitally, in the register of
\nshareholders (the “Shareholder”) or a notice of any other change of the matters
\nrecorded in the register of shareholders, the Corporation shall change the entry
\nor the digital entry in the register of shareholders in accordance with such
\nnotice. 3. In addition to the provisions of Paragraphs 1 and 2 of this Article,
\nin the case of issuance of new shares or in any other case provided by laws or
\nordinances, an entry or a digital entry in the register of shareholders shall be
\nmade without notice from the JASDEC.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 5.<\/strong><\/td>\n<\/td>\n(Characters and Symbols Used in the Register of Shareholders)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

An entry or a digital entry in the register of shareholders shall be
\nmade using the characters and\/or symbols designated by the JASDEC.
\nCHAPTER III<\/strong> REQUESTS OR REPORTS<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 6.<\/strong><\/td>\n<\/td>\n(Method of Making Requests and Reports)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Unless otherwise provided by these Regulations, all requests and reports
\nunder these Regulations (collectively, the “Requests and Reports”) shall be made
\nthrough an Account Management Institution and the JASDEC pursuant to the rules
\nestablished by the JASDEC.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 7.<\/strong><\/td>\n<\/td>\n(Identification of Shareholders)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. In the case where a Shareholder makes the Requests and Reports, such
\nShareholder shall submit a document certifying that such Requests and Reports
\nare made by such Shareholder himself\/herself (the “Identification Document”).
\n2. In the case where the Requests and Reports are made by a Shareholder to the
\nCorporation through an Account Management Institution and the JASDEC or an
\nAccount Management Institution, such Requests and Reports shall be deemed to
\nhave been made by such Shareholder himself\/herself and the Identification
\nDocument may not be required. 3. In the case where the Requests and Reports are
\nmade by a proxy, in addition to the procedures referred to in Paragraphs 1 and 2
\nof this Article, a Shareholder shall submit a power of attorney on which his\/her
\nprinted name and seal are affixed or some other document certifying the
\nauthority of such proxy. The name or the trade name, and the address of the<\/p>\n

– 2 –<\/p>\n

\n<\/p>\n

proxy shall be described in the power of attorney; provided, however, that a
\nforeigner may substitute his\/her signature for the printed name and seal.
\n4. The provisions of Paragraphs 1 and 2 of this Article shall apply
\nmutatis mutandis <\/em>to the proxy.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 8.<\/strong><\/td>\n<\/td>\n(Name or Trade Name and Address of Shareholders)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A Shareholder shall report the name or the trade name, and the address
\nof such Shareholder. The same procedures shall be taken in case of any change
\nthereof.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 9.<\/strong><\/td>\n<\/td>\n(Address of Nonresident Shareholders)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A Shareholder who is not residing in Japan shall either appoint a
\nstanding proxy in Japan, or designate a mailing address in Japan, and shall
\nreport the name or the trade name, and the address of such standing proxy or
\nsuch mailing address. The same procedures shall be taken in the case of any
\nchange or removal thereof.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 10.<\/strong><\/td>\n<\/td>\n(Representative of Corporate Shareholders)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A Shareholder that is a corporation shall report the title and the name
\nof one (1) representative of such corporation. The same procedures shall be
\ntaken in the case of any change thereof.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 11.<\/strong><\/td>\n<\/td>\n(Representative of Jointly-Owned Shares)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Shareholders who jointly own shares or registered share pledges
\npertaining to shares shall appoint one (1) representative and shall report the
\nname or the trade name, and the address of such representative. The same
\nprocedures shall be taken in the case of any change therein.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 12.<\/strong><\/td>\n<\/td>\n(Legal Representative)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A legal representative of a Shareholder, such as a person having
\nparental authority or a guardian, shall report the name or the trade name, and
\nthe address of such legal representative. The same procedures shall be taken in
\nthe case of any change or removal thereof.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 13.<\/strong><\/td>\n<\/td>\n(Other Requests and Reports)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. In addition to the Requests and Reports provided in Articles 8 through 12
\nhereof, unless otherwise directed by the Corporation, any Requests and Reports
\nto the Corporation shall be made through an Account Management Institution and
\nthe JASDEC, or an Account Management Institution. 2. Any Requests and Reports
\nthat may not be accepted or brokered by an Account Management Institution shall
\nbe made to the Transfer Agent.<\/p>\n

– 3 –<\/p>\n

\n<\/p>\n

CHAPTER IV <\/strong>EXERCISE OF SHAREHOLDERS153 RIGHTS<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 14.<\/strong><\/td>\n<\/td>\n(Procedures for Exercise of Minority Shareholders153 Rights and Other
\nRights)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. In the case where a Shareholder directly exercises against the
\nCorporation the minority shareholders153 rights and other rights provided in
\nArticle 147, Paragraph 4 of the Law Concerning Central Clearing of Bonds, Shares
\nCertificates and Other Securities (the “Clearing Law”), the Shareholder shall
\nsubmit a document on which his\/her printed name and seal are affixed, together
\nwith a receipt of an individual shareholder notice issued by an Account
\nManagement Institution as provided in Article 154, Paragraph 3 of the Clearing
\nLaw; provided, however, that a foreigner may substitute his\/her signature for
\nsuch printed name and seal. 2. The provisions of Article 7, Paragraphs 1, 3 and
\n4 hereof shall apply to the exercise of the minority shareholders153 rights and
\nother rights referred to in the preceding paragraph. CHAPTER V<\/strong>
\nREQUEST FOR PURCHASE OF FRACTIONAL UNIT SHARES<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 15.<\/strong><\/td>\n<\/td>\n(Method of Request for Purchase of Shares)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

In the case where a purchase by the Corporation of fractional unit
\nshares is requested by a Shareholder, such request shall be made through an
\nAccount Management Institution and the JASDEC pursuant to the rules established
\nby the JASDEC.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 16.<\/strong><\/td>\n<\/td>\n(Determination of Purchase Price)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The purchase price of fractional unit shares for which a request for
\npurchase is made shall be the amount obtained by multiplying (i) the amount
\nequal to the last selling price per share on the auction market at the Tokyo
\nStock Exchange on the day on which such request is accepted at the handling
\nplace of the Transfer Agent referred to in Article 2 hereof (or if no sales of
\nshares take place on the auction market at the Tokyo Stock Exchange on such day,
\nthe price per share at which the shares are first sold on the auction market at
\nthe Tokyo Stock Exchange on the next day subsequent thereto) by (ii) the number
\nof shares being requested for purchase.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 17.<\/strong><\/td>\n<\/td>\n(Payment of Purchase Price)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. The purchase price of fractional unit shares for which a request for
\npurchase is made shall, except as otherwise provided by the Corporation, be paid
\nto the Shareholder who requests such purchase on the fourth (4th) business day
\nfrom the day immediately following the date on which the purchase price is
\ndetermined. 2. Notwithstanding the provisions of the preceding paragraph, if
\nthe purchase price reflects the right to receive dividends and a distribution of
\nnew shares pursuant to a stock split or other right, the payment shall be made
\non or prior to the record date for such right.<\/p>\n

– 4 –<\/p>\n

\n<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 18.<\/strong><\/td>\n<\/td>\n(Transfer of Purchased Shares)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The fractional unit shares for which a request for purchase is made
\nshall be transferred to the transfer account of the Corporation on the day on
\nwhich the payment procedure provided in the preceding Article has been
\ncompleted. CHAPTER VI<\/strong> REQUEST FOR SALE OF FRACTIONAL
\nUNIT SHARES<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 19.<\/strong><\/td>\n<\/td>\n(Request for Sale of Shares)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

In the case where a Shareholder holding fractional unit shares requests
\nthe Corporation to sell to the Shareholder such a number of shares that will
\nconstitute a full unit of shares, when added to the fractional unit shares, (the
\n“Request for Sale”), such request shall be made through an Account Management
\nInstitution and the JASDEC pursuant to the rules established by the JASDEC.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 20.<\/strong><\/td>\n<\/td>\n(Suspension Period of Request for Sale)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. The Corporation shall suspend acceptance of the Request for Sale, during
\nthe period from ten (10) business days before any of the following dates up to
\nsuch date, every year:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
<\/td>\n\n

(a)<\/p>\n<\/td>\n

<\/td>\n\n

March 31;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

(b)<\/p>\n<\/td>\n

<\/td>\n\n

June 30;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

(c)<\/p>\n<\/td>\n

<\/td>\n\n

September 30;<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

(d)<\/p>\n<\/td>\n

<\/td>\n\n

December 31; and<\/p>\n<\/td>\n<\/tr>\n

<\/td>\n<\/tr>\n
<\/td>\n\n

(e)<\/p>\n<\/td>\n

<\/td>\n\n

Any other determination date of Shareholders.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

2. In addition to the period referred to in the preceding paragraph, the
\nCorporation or the JASDEC may suspend acceptance of a Request for Sale at any
\ntime that the Corporation or the JASDEC deems such suspension to be necessary.\n<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 21.<\/strong><\/td>\n<\/td>\n(Restriction on Request for Sale)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

If an aggregate number of shares for which the Requests for Sale are
\nmade on the same day exceeds the number of shares reserved by the Corporation
\nfor the Requests for Sale, none of the Requests for Sale made on such day shall
\nbecome effective.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 22.<\/strong><\/td>\n<\/td>\n(Determination of Sale Price)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The sale price of fractional unit shares for which the Request for Sale
\nis made shall be the amount obtained by multiplying (i) the amount equal to the
\nlast selling price per share on the auction market at the Tokyo Stock Exchange
\non the day on which such Request for Sale is accepted at the handling place of
\nthe Transfer Agent referred to in Article 2 hereof (or if no sales of shares
\ntake place on the auction market at the Tokyo Stock Exchange on such day, the
\nprice per share at which the shares are first sold on the auction market at the
\nTokyo Stock Exchange on the next day subsequent thereto) by (ii) the number of
\nshares being requested for sale.<\/p>\n

– 5 –<\/p>\n

\n<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 23.<\/strong><\/td>\n<\/td>\n(Transfer of Sold Shares)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

With respect to the shares reserved by the Corporation in the number
\nequivalent to the number of shares for which the Request for Sale is made, the
\napplication for the transfer of such shares to the transfer account of the
\nShareholder who made such Request for Sale shall be made on the day on which it
\nis confirmed that the amount of the sale price has been remitted to the bank
\naccount designated by the Corporation. CHAPTER VII<\/strong>
\nREGISTER OF STOCK ACQUISITION RIGHTS<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 24.<\/strong><\/td>\n<\/td>\n(Entry or Digital Entry in the Register of Stock Acquisition
\nRights)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

1. Request for an entry or a digital entry in the register of stock
\nacquisition rights, request for registration, transfer or deregistration of a
\npledge pertaining to stock acquisition rights, and\/or request for indication or
\ncancellation of trust assets shall be made to the Transfer Agent. 2. In
\naddition to the provisions of the preceding paragraph, handling rules of stock
\nacquisition rights may be separately established.<\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 25.<\/strong><\/td>\n<\/td>\n(Matters to be Reported by Holders of Stock Acquisition Rights)<\/em>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The provisions of Articles 8 through 13 hereof shall apply mutatis
\nmutandis <\/em>to the matters and method to be reported by a person who is
\nrecorded, in writing or digitally, in the register of stock acquisition rights;
\nprovided, however, that such report shall be made to the Transfer Agent, unless
\notherwise provided pursuant to the provisions of Article 24, Paragraph 2 hereof.
\nCHAPTER VIII<\/strong> HANDLING CHARGES<\/strong><\/p>\n\n\n\n\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Article 26.<\/strong><\/td>\n<\/td>\n(Handling Charges)<\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

There shall be no handling charges in connection with shares and stock
\nacquisition rights of the Corporation.<\/p>\n

– 6 –<\/p>\n

\n<\/p>\n

CHAPTER IX<\/strong>
\nMISCELLANEOUS<\/strong>Article 27.<\/strong><\/p>\n

With respect to the fractional unit shares issued upon the exercise of
\nthe conversion rights of convertible bonds or exercise of the stock acquisition
\nrights (including the stock acquisition rights included in bonds with stock
\nacquisition rights) issued abroad, the request for purchase therefor which is
\nmade upon the exercise of such rights shall, notwithstanding the provisions of
\nthese Regulations, be governed by the terms and conditions of the relevant
\nconvertible bonds or stock acquisition rights. ADDENDUM<\/strong>
\nArticle 1.<\/strong> For any amendment to these Regulations, a
\nresolution of a meeting of the Board of Directors of the Corporation or a
\ndetermination of the Corporate Executive Officer to whom the authority of
\ndetermination has been delegated by a resolution of the Board of Directors of
\nthe Corporation shall be required. Article 2.<\/strong> These
\nRegulations, as amended, shall come into force on January 5, 2009. – 7 –<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_cloudinary_featured_overwrite":false},"corporate_contracts_companies":[8866],"corporate_contracts_industries":[9394],"corporate_contracts_types":[9629,9633],"class_list":["post-43920","corporate_contracts","type-corporate_contracts","status-publish","hentry","corporate_contracts_companies-sony-corp","corporate_contracts_industries-consumer__audio","corporate_contracts_types-securities","corporate_contracts_types-securities__shareholder"],"acf":[],"_links":{"self":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts\/43920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts"}],"about":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/types\/corporate_contracts"}],"wp:attachment":[{"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/media?parent=43920"}],"wp:term":[{"taxonomy":"corporate_contracts_companies","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_companies?post=43920"},{"taxonomy":"corporate_contracts_industries","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_industries?post=43920"},{"taxonomy":"corporate_contracts_types","embeddable":true,"href":"https:\/\/corporate.findlaw.com\/legal-api\/wp-json\/wp\/v2\/corporate_contracts_types?post=43920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}