06:31 AM EDT, 09/22/2025 (MT Newswires) -- Sony ( SONY ) will have a special first-day matching mechanism when its financial unit, Sony Financial Group, lists on Sept. 29, setting its reference price at 150 Japanese yen ($1.01), the Japanese stock exchange said Monday.

The upper cap was set at 345 Japanese yen, with special bid quotes rising by 7.5 Japanese yen every 10 minutes until an initial price is set or the cap is reached, the exchange said.

The lower limit is 112.5 Japanese yen with special ask quotes renewing on regular price and time intervals, it said.

Daily price limits are suspended until the initial price is determined, and acceptable order prices range from 37.5 Japanese yen to 600 Japanese yen before normal limits apply using the initial price as the base, the exchange added.