SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D. C. 20549
FORM 6-K
REPORT
OF FOREIGN PRIVATE ISSUER
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
the month of October 2025
Commission
File Number: 001-06439
SONY
GROUP CORPORATION
(Translation
of registrant’s name into English)
1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN
(Address
of principal executive offices)
The
registrant files annual reports under cover of Form 20-F.
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F,
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
| |
SONY
GROUP CORPORATION
(Registrant) |
| |
|
|
| |
By: |
/s/
Lin Tao |
| |
|
(Signature) |
| |
Lin Tao |
| |
Chief Financial Officer |
Date: October
30, 2025
List of Materials
Documents attached
hereto:
Sony Group Corporation
to Issue Stock Acquisition Rights for the Purpose of Granting Stock Options
| |
1-7-1 Konan, Minato-ku |
| |
Tokyo, 108-0075 Japan |
News & Information
October 30,
2025
Sony Group Corporation to Issue Stock Acquisition Rights
for the Purpose of Granting Stock Options |
Sony Group Corporation
(the “Corporation”) today announced that the Representative Corporate Executive Officer of the Corporation had decided to
issue stock acquisition rights for the purpose of granting stock options, pursuant to the delegation of authority approved by resolutions
of the Board of Directors of the Corporation.
I.
The reason the Corporation will issue stock acquisition rights for the purpose of granting stock options
The Corporation
will issue stock acquisition rights to corporate executive officers and employees of the Corporation, and directors, officers and employees
of subsidiaries of the Corporation, for the purpose of giving them an incentive to contribute towards the improvement of the business
performance of the Corporation and of its group companies (collectively the “Group”) and thereby improving the business performance
of the Group by making the economic interest which such directors, officers or employees will receive correspond to the business performance
of the Group.
II. The principal
terms of the issue
1.
The Fifty-Third Series of stock acquisition rights (the “Stock Acquisition Rights” in this Section 1)
| (1) | Persons
to whom Stock Acquisition Rights will be allocated and number of Stock Acquisition Rights
to be allocated: |
| | |
| Number
of persons | |
| | |
| (Number
of Stock Acquisition Rights) | |
| Corporate executive
officers of the Corporation | |
| 6 | | |
| (9,872 | ) |
| Employees of the Corporation | |
| 15 | | |
| (3,053 | ) |
| Directors and officers of the
subsidiaries of the Corporation | |
| 11 | | |
| (1,935 | ) |
| Employees of the subsidiaries
of the Corporation | |
| 139 | | |
| (5,527 | ) |
| | |
| total:
171 | | |
| (total:
20,387 | ) |
| (2) | Class and
number of shares to be issued or transferred upon exercise of Stock Acquisition Rights: |
2,038,700
shares of common stock of the Corporation
The number
of shares to be issued or transferred upon exercise of each Stock Acquisition Right (the “Number of Granted Shares”) shall
be 100 shares.
| (3) | Aggregate
number of Stock Acquisition Rights: |
20,387
| (4) | Method
for calculating the amount to be paid in exchange for the Stock Acquisition Rights: |
The amount of money to be
paid in exchange for the Stock Acquisition Rights shall be the amount obtained by multiplying the option price per share of common stock
(calculated using the Black-Scholes model based on the basic figures in (ii) through (vii) below), by the number of shares
to be received by exercising the Stock Acquisition Rights.
| i. | Option
price per share of common stock (C) |
| ii. | Share
price (𝑆): The closing price of the Corporation’s common stock in regular trading
on the Tokyo Stock Exchange (the “Closing Price”) on November 21, 2025 (if
there is no Closing Price on such date, the Closing Price on the immediately preceding trading
day) |
| iii. | Exercise
price (𝐾): The average of the Closing Prices for the ten (10) consecutive trading
days (excluding days on which there is no Closing Price) immediately prior to the allotment
date of such Stock Acquisition Rights; provided, however, that if such calculated
price is lower than the Closing Price on the trading day immediately preceding the allotment
date of the Stock Acquisition Rights (if there is no Closing Price on such date, the Closing
Price on the immediately preceding trading day), the Exercise price (𝐾) shall be
the Closing Price on the trading day immediately preceding the allotment date of the Stock
Acquisition Rights |
| iv. | Estimated
remaining years(t): 5.68 years |
| v. | Volatility
(𝜎): The volatility rate of the share price based on the Closing Prices during the
5.68 years (from March 18, 2020 to November 21, 2025) |
| vi. | Risk-free
rate (𝑟): Interest rate on Japanese government bonds whose remaining years correspond
to the expected remaining years |
| vii. | Dividend
Yield (𝑞): Dividend per share (expected dividend for the year ending March 31,
2026) / share price (S) |
| viii. | Cumulative density function of the standard normal distribution:
(N(·)) |
(Note
1): The amount calculated using the above formula will be the fair value of the Stock Acquisition Rights and will not be an amount that
is particularly favorable to the allottee of the Stock Acquisition Rights (the “Allottee” in this Section 1).
The payment
of the amount to be paid by the Allottee in exchange for the Stock Acquisition Rights multiplied by the Allottee’s allotted number
of Stock Acquisition Rights (the “Total Amount to be Paid” in this item (4) of Section 1) will be made by offsetting
such amount against: (i) remuneration claims, in an amount equal to the Total Amount to be Paid, which will be granted to the Allottee
by the Corporation, if the Allottee is a corporate executive officer or an employee of the Corporation, or, (ii) remuneration claims
in an amount equal to the Total Amount to be Paid, which will be granted to the Allottee by subsidiaries of the Corporation and assumed
by the Corporation, if the Allottee is a director, officer or an employee of a subsidiary of the Corporation. Therefore, no monetary
payment will be made by the Allottee on the Allotment Date for the purpose of paying the Total Amount to be Paid. However, these remuneration
claims shall be granted on the condition that the Allottee enters into an allocation agreement with the Corporation.
(Note
2) The specific amount to be paid in exchange for the Stock Acquisition Rights will be determined on November 21, 2025.
| (5) | Amount
of assets to be contributed upon exercise of Stock Acquisition Rights: |
The amount
of assets to be contributed upon exercise of each Stock Acquisition Right shall be the amount obtained by multiplying the amount to be
paid per share to be issued or transferred upon exercise of Stock Acquisition Rights (the “Exercise Price”) by the Number
of Granted Shares. The Exercise Price shall initially be the average of the Closing Prices for the ten (10) consecutive trading
days (excluding days on which there is no Closing Price) immediately prior to the allotment date of such Stock Acquisition Rights (any
fraction less than one (1) yen arising as a result of such calculation shall be rounded up to the nearest one (1) yen); provided,
however, that if such calculated price is lower than the Closing Price on the trading day immediately preceding the allotment date
of the Stock Acquisition Rights (if there is no Closing Price on such date, the Closing Price on the immediately preceding trading day),
the Exercise Price shall be the amount equal to the Closing Price on the trading day immediately preceding the allotment date of the
Stock Acquisition Rights.
| (6) | Period
during which Stock Acquisition Rights may be exercised: |
From
and including November 25, 2026, up to and including November 24, 2035. If the last day of such period falls on a holiday of
the Corporation, the immediately preceding business day shall be the last day of such period. The exercise of Stock Acquisition Rights
during such period shall be subject to the restrictions provided for in the allocation agreement entered into by and between the Corporation
and the person to whom Stock Acquisition Rights will be allocated (the “Allocation Agreement”).
| (7) | Conditions
for the exercise of Stock Acquisition Rights: |
| (a) | No
Stock Acquisition Right may be exercised in part. |
| (b) | In
the event of a resolution being passed at a general meeting of shareholders of the Corporation
for an agreement for any consolidation, amalgamation or merger (other than a consolidation,
amalgamation or merger in which the Corporation is the continuing corporation), or in the
event of a resolution being passed at a general meeting of shareholders of the Corporation
(or, where a resolution of a general meeting of shareholders is not necessary, at a meeting
of the Board of Directors of the Corporation) for any agreement for share exchange (kabushiki-kokan)
or any plan for share transfer (kabushiki-iten) pursuant to which the Corporation
is to become a wholly-owned subsidiary of another corporation, Stock Acquisition Rights may
not be exercised on and after the effective date of such consolidation, amalgamation or merger,
such share exchange (kabushiki-kokan) or such share transfer (kabushiki-iten). |
| (c) | The
exercise of the Stock Acquisition Rights shall be subject to the conditions and restrictions
provided for in the Allocation Agreement. |
| (8) | Matters
concerning the amount of capital and the additional paid-in capital increased by the issuance
of shares upon exercise of Stock Acquisition Rights: |
| (a) | The
amount of capital increased by the issuance of shares upon exercise of Stock Acquisition
Rights shall be the amount obtained by multiplying the maximum limit of capital increase,
as calculated in accordance with the provisions of Paragraph 1, Article 17 of the Company
Accounting Ordinance of Japan, by 0.5, and any fraction less than one (1) yen arising
as a result of such calculation shall be rounded up to the nearest one (1) yen. |
| (b) | The
amount of additional paid-in capital increased by the issuance of shares upon exercise of
Stock Acquisition Rights shall be the amount obtained by deducting the capital to be increased,
as provided in (a) above, from the maximum limit of capital increase, as also provided
in (a) above. |
| (9) | Mandatory
repurchase of Stock Acquisition Rights: |
Not applicable.
| (10) | Restrictions
on the acquisition of Stock Acquisition Rights through transfer: |
The Stock
Acquisition Rights cannot be acquired through transfer, unless such acquisition is expressly approved by the Board of Directors of the
Corporation. Transfer of the Stock Acquisition Rights shall be subject to the restrictions provided for in the Allocation Agreement.
| (11) | Allotment
date of Stock Acquisition Rights: |
November 25,
2025
2. The Fifty-Fourth
Series of Stock Acquisition Rights (the “Stock Acquisition Rights” in this Section 2)
| (1) | Persons
to whom Stock Acquisition Rights will be allocated and number of Stock Acquisition Rights
to be allocated: |
| | |
| Number of persons | |
| | |
| (Number of Stock Acquisition Rights) | |
| Employees of the
Corporation | |
| 2 | | |
| (181 | ) |
| Directors and officers of the
subsidiaries of the Corporation | |
| 4 | | |
| (3,771 | ) |
| Employees of the subsidiaries
of the Corporation | |
| 18 | | |
| (5,431 | ) |
| |
| total:
24 | | |
| (total:
9,383 | ) |
| (2) | Class and
number of shares to be issued or transferred upon exercise of Stock Acquisition Rights: |
938,300 shares of
common stock of the Corporation
The number
of shares to be issued or transferred upon exercise of each Stock Acquisition Right (the “Number of Granted Shares”) shall
be 100 shares.
| (3) | Aggregate
number of Stock Acquisition Rights: |
9,383
| (4) | Method
for calculating the amount to be paid in exchange for the Stock Acquisition Rights: |
The amount of money to be
paid in exchange for the Stock Acquisition Rights shall be the amount obtained by multiplying the option price per share of common stock
(calculated using the Black-Scholes model based on the basic figures in (ii) through (vii) below), by the number of shares
to be received by exercising the Stock Acquisition Rights.
| i. | Option
price per share of common stock (C) |
| ii. | Share
price (𝑆): The price obtained by converting the Closing Price on November 21,
2025 (if there is no Closing Price on such date, the Closing Price on the immediately preceding
trading day) into U.S. dollars (by the exchange rate quotations by a leading commercial bank
in Tokyo for selling spot U.S. dollars by telegraphic transfer) against yen |
| iii. | Exercise
price (𝐾): The U.S. dollar amount obtained by dividing the average of the Closing
Prices for the ten (10) consecutive trading days (excluding days on which there is no
Closing Price) immediately prior to the allotment date of such Stock Acquisition Rights (the
“Reference Yen Price”) by the average of the exchange rate quotations by a leading
commercial bank in Tokyo for selling spot U.S. dollars by telegraphic transfer against yen
for such ten (10) consecutive trading days (the “Reference Exchange Rate”)
(any fraction less than one (1) cent arising as a result of such calculation shall be
rounded up to the nearest one (1) cent); provided, however, that if the Reference
Yen Price is lower than the Closing Price on the trading day immediately preceding the allotment
date of the Stock Acquisition Rights (if there is no Closing Price on such date, the Closing
Price on the immediately preceding trading day), the Exercise price (𝐾) shall be
the U.S. dollar amount obtained by dividing the Closing Price on the trading day immediately
preceding the allotment date of the Stock Acquisition Rights by the Reference Exchange Rate
(any fraction less than one (1) cent arising as a result of such calculation shall be
rounded up to the nearest one (1) cent) |
| iv. | Estimated
remaining years (t): 5.53 years |
| v. | Volatility
(𝜎): The volatility rate of the share price based on the closing price of the Corporation’s
American Depository Receipts (ADRs) on the New York Stock Exchange on each trading day during
the 5.53 years (from May 12, 2020 to November 21, 2025) |
| vi. | Risk-free
rate (𝑟): Interest rate on Japanese government bonds whose remaining years correspond
to the expected remaining years |
| vii. | Dividend
Yield (𝑞): Dividend per share (expected dividend for the year ending March 31,
2026) / the Closing Price on November 21, 2025 (if there is no Closing Price on such
date, the Closing Price on the immediately preceding trading day) |
| viii. | Cumulative
density function of the standard normal distribution: (N (·)) |
(Note
1) The amount calculated using the above formula will be the fair value of the Stock Acquisition Rights and will not be an amount that
is particularly favorable to the allottee of the Stock Acquisition Rights (the “Allottee” in this Section 2).
The payment
of the amount to be paid by the Allottee in exchange for the Stock Acquisition Rights multiplied by the Allottee’s allotted number
of Stock Acquisition Rights (the “Total Amount to be Paid” in this item (4) of Section 2) will be made by offsetting
such amount against: (i) remuneration claims, in an amount equal to the Total Amount to be Paid, which will be granted to the Allottee
by the Corporation, if the Allottee is an employee of the Corporation, or, (ii) remuneration claims in an amount equal to the Total
Amount to be Paid, which will be granted to the Allottee by subsidiaries of the Corporation and assumed by the Corporation, if the Allottee
is a director, officer or an employee of a subsidiary of the Corporation. Therefore, no monetary payment will be made by the Allottee
on the Allotment Date for the purpose of paying the Total Amount to be Paid. However, these remuneration claims shall be granted on the
condition that the Allottee enters into an allocation agreement with the Corporation.
(Note
2) The specific amount to be paid in exchange for the Stock Acquisition Rights will be determined on November 21, 2025.
| (5) | Amount
of assets to be contributed upon exercise of Stock Acquisition Rights: |
The amount
of assets to be contributed upon exercise of each Stock Acquisition Right shall be the amount obtained by multiplying the amount to be
paid per share to be issued or transferred upon exercise of Stock Acquisition Rights (the “Exercise Price”) by the Number
of Granted Shares. The Exercise Price shall initially be the U.S. dollar amount obtained by dividing the Reference Yen Price by the Reference
Exchange Rate (any fraction less than one (1) cent arising as a result of such calculation shall be rounded up to the nearest one
(1) cent); provided, however, that if the Reference Yen Price is lower than the Closing Price on the trading day immediately
preceding the allotment date of the Stock Acquisition Rights (if there is no Closing Price on such date, the Closing Price on the immediately
preceding trading day), the Exercise Price shall be the U.S. dollar amount obtained by dividing the Closing Price on the trading day
immediately preceding the allotment date of the Stock Acquisition Rights by the Reference Exchange Rate (any fraction less than one (1) cent
arising as a result of such calculation shall be rounded up to the nearest one (1) cent).
| (6) | Period
during which Stock Acquisition Rights may be exercised: |
From
and including November 25, 2026, up to and including November 24, 2035. If the last day of such period falls on a holiday of
the Corporation, the immediately preceding business day shall be the last day of such period. The exercise of Stock Acquisition Rights
during such period shall be subject to the restrictions provided for in the allocation agreement entered into by and between the Corporation
and the person to whom Stock Acquisition Rights will be allocated (the “Allocation Agreement”).
| (7) | Conditions
for the exercise of Stock Acquisition Rights: |
| (a) | No
Stock Acquisition Right may be exercised in part. |
| (b) | In
the event of a resolution being passed at a general meeting of shareholders of the Corporation
for an agreement for any consolidation, amalgamation or merger (other than a consolidation,
amalgamation or merger in which the Corporation is the continuing corporation), or in the
event of a resolution being passed at a general meeting of shareholders of the Corporation
(or, where a resolution of a general meeting of shareholders is not necessary, at a meeting
of the Board of Directors of the Corporation) for any agreement for share exchange (kabushiki-kokan)
or any plan for share transfer (kabushiki-iten) pursuant to which the Corporation
is to become a wholly-owned subsidiary of another corporation, Stock Acquisition Rights may
not be exercised on and after the effective date of such consolidation, amalgamation or merger,
such share exchange (kabushiki-kokan) or such share transfer (kabushiki-iten). |
| (c) | The
exercise of the Stock Acquisition Rights shall be subject to the conditions and restrictions
provided for in the Allocation Agreement. |
| (8) | Matters
concerning the amount of capital and the additional paid-in capital increased by the issuance
of shares upon exercise of Stock Acquisition Rights: |
| (a) | The
amount of capital increased by the issuance of shares upon exercise of Stock Acquisition
Rights shall be the amount obtained by multiplying the maximum limit of capital increase,
as calculated in accordance with the provisions of Paragraph 1, Article 17 of the Company
Accounting Ordinance of Japan, by 0.5, and any fraction less than one (1) yen arising
as a result of such calculation shall be rounded up to the nearest one (1) yen. |
| (b) | The
amount of additional paid-in capital increased by the issuance of shares upon exercise of
Stock Acquisition Rights shall be the amount obtained by deducting the capital to be increased,
as provided in (a) above, from the maximum limit of capital increase, as also provided
in (a) above. |
| (9) | Mandatory
repurchase of Stock Acquisition Rights: |
Not applicable.
| (10) | Restrictions
on the acquisition of Stock Acquisition Rights through transfer: |
The Stock
Acquisition Rights cannot be acquired through transfer (other than any transfer upon the death of a holder of the Stock Acquisition Rights
to such holder’s estate or beneficiaries), unless such acquisition is expressly approved by the Board of Directors of the Corporation.
Transfer of the Stock Acquisition Rights shall be subject to the restrictions provided for in the Allocation Agreement.
| (11) | Allotment
date of Stock Acquisition Rights: |
November 25,
2025