Form 6-K


                       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 June 2006
                        Commission File Number: 001-06439


                                SONY CORPORATION
                 (Translation of registrant's name into English)

             7-35 KITASHINAGAWA 6-CHOME, SHINAGAWA-KU, TOKYO, 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,

                  Form 20-F  X                   Form 40-F __


Indicate by check mark whether the  registrant  by  furnishing  the  information
contained  in this  Form is  also  thereby  furnishing  the  information  to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934,
Yes No X


If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):82-______



                                   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 CORPORATION
                                                              (Registrant)


                                         By:  /s/  Nobuyuki Oneda
                                                      (Signature)
                                         Nobuyuki Oneda
                                         Executive Vice President and
                                         Chief Financial Officer

Date: June 07, 2006

List of materials

Documents attached hereto:


i)  Press release announcing Completion of the transfer of stock of Sony's
    retail operations



                          Sony Corporation
                                                    6-7-35 Kitashinagawa
                                                    Shinagawa-ku
                                                    Tokyo 141-0001

                                                    No. 06-049E
                                                    June 7, 2006


        Completion of the transfer of stock of Sony's retail operations

Based on the basic agreement reached between Sony Corporation and Nikko
Principal Investments Japan Ltd. (a 100% subsidiary of Nikko Cordial
Corporation) in February 2006, a holding company (StylingLife Holdings Inc.) has
been established for Sony's group of retail businesses (comprising PLAZASTYLE
CORPORATION, LightUp Shopping Club Inc., B&C Laboratories Inc., CP Cosmetics
Inc., Maxim's de Paris Corporation, and Lifeneo Inc.) targeting the independent
management of these retail businesses by its own management and employees. In
association with the aforementioned basic agreement, 51% of StylingLife
Holdings' stock has now been transferred to a 100% subsidiary of Nikko Principal
Investments Japan.


Although Sony is currently conducting a detailed analysis of the effect of this
stock transfer on Sony's Consolidated Income before Income Taxes, Sony
anticipates a gain on sale of assets of approximately 17 billion yen. This
impact is reflected within Sony's consolidated forecast for the fiscal year
ending March 31, 2007 announced on April 27th, 2006.