Press Releases 2006

Notice of Recognition of Equity in Earnings Under the Equity Method

Apr. 4, 2006

In accordance with a press release “Notice on additional acquisition of shares in a subsidiary and earnings forecast for the fiscal year ending March 2007” issued yesterday (April 3, 2006) by SBI Holdings, Inc. (Head office: Minato-ku, Tokyo; Representative Director and CEO: Yoshitaka Kitao), an equity method affiliate of SOFTBANK CORP. (“SOFTBANK”), SOFTBANK expects to record equity in earnings under the equity method as non-operating income in its consolidated financial statement for the first quarter for the fiscal year ending March 2007. The amount is yet to be fixed at the present moment and will be announced as soon as it is finalized.

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