

[Federal Register: December 13, 2005 (Volume 70, Number 238)]
[Notices]               
[Page 73809]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr13de05-84]                         

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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-06439]

 
Issuer Delisting; Notice of Application of Sony Corporation To 
Withdraw Its American Depositary Shares, Each Presenting One Share of 
Common Stock, No Par Value, From Listing and Registration on the 
Pacific Exchange, Inc.

December 7, 2005.
    On December 1, 2005, Sony Corporation, a company incorporated in 
Japan (``Issuer''), filed an application with the Securities and 
Exchange Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its American Depositary Shares, each 
representing one share of common stock, no par value (``Security''), 
from listing and registration on the Pacific Exchange, Inc. (``PCX'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Board of Directors (``Board'') of the Issuer approved a 
resolution on October 26, 2005 to withdraw the Security from PCX. The 
Issuer stated that the primary factor considered by the Board was that 
most of the trading volume in the Security occurs on the New York Stock 
Exchange (``NYSE''), with very little trading volume occurring on PCX. 
The Security will continue to trade on NYSE. The Issuer believes that 
delisting the Security from PCX will cause no substantial inconvenience 
to the Issuer's shareholders and investors.
    The Issuer stated in its application that it has complied with the 
rules of PCX by complying with all applicable laws in effect in Japan, 
the jurisdiction in which the Issuer is incorporated and by providing 
PCX with the required documents governing the withdrawal of securities 
from listing and registration on PCX.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on PCX and shall not affect its continued listing 
on NYSE or its obligation to be registered under Section 12(b) of the 
Act.\3\
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    \3\ 15 U.S.C. 781(b).
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    Any interested person may, on or before January 3, 2006, comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of PCX, and what terms, if any, should be 
imposed by the Commission for the protection of investors. All comment 
letters may be submitted by either of the following methods:

Electronic Comments

     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-06439 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, 
NE.,Washington, DC 20549-9303.
    All submissions should refer to File Number 1-06439. This file 
number should be included on the subject line if e-mail is used. To 
help us process and review your comments more efficiently, please use 
only one method. The Commission will post all comments on the 
Commission's Internet Web site (http://www.sec.gov/rules/delist.shtml). 

Comments are also available for public inspection and copying in the 
Commission's Public Reference Room. All comments received will be 
posted without change; we do not edit personal identifying information 
from submissions. You should submit only information that you wish to 
make available publicly.
    The Commission, based on the information submitted to it, will 
issue an order granting the application after the date mentioned above, 
unless the Commission determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\4\
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    \4\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. E5-7265 Filed 12-12-05; 8:45 am]

BILLING CODE 8010-01-P
