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Stock-based compensation plans (Tables)
12 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted-Average Assumptions used to Determine Fair Value of Stock Acquisition Rights Granted

The fair value of stock acquisition rights granted on the date of grant and used to recognize compensation expense for the fiscal years ended March 31, 2016, 2017 and 2018 was estimated using the Black-Scholes option-pricing model with the following weighted-average assumptions:

 

     Fiscal year ended March 31  
           2016                 2017                 2018        

Weighted-average assumptions

      

Risk-free interest rate

     1.07%       1.10%       1.14%  

Expected lives

     7.12 y ears      6.83 y ears      6.55 y ears 

Expected volatility*

     42.07%       40.00%       38.49%  

Expected dividends

     0.75%       0.66%       0.40%  

 

* Expected volatility was based on the historical volatilities of Sony Corporation’s common stock over the expected life of the stock acquisition rights.
Summary of Activities Regarding Stock Acquisition Rights Plan

A summary of the activities regarding the stock acquisition rights plan during the fiscal year ended March 31, 2018 is as follows:

 

     Fiscal year ended March 31, 2018  
     Number of
shares
     Weighted-
average
exercise price
     Weighted-
average
remaining life
     Total
intrinsic
value
 
            Yen      Years      Yen in millions  

Outstanding at beginning of the fiscal year

     15,519,400        3,147        

Granted

     2,978,900        4,297        

Exercised

     2,565,700        2,778        

Forfeited or expired

     1,926,700        4,864        
  

 

 

          

Outstanding at end of the fiscal year

     14,005,900        3,017        6.53        25,910  
  

 

 

          

Exercisable at end of the fiscal year

     7,905,100        2,653        4.61        19,647