Press Releases 2006
(Additional announcement) Additional sale of shares held in SBI Holdings, Inc.Aug. 3, 2006 SOFTBANK AM CORPORATION (head office: Minato-ku, Tokyo; representative: Takashi Okubo), a wholly-owned subsidiary of SOFTBANK CORP. (“SOFTBANK”), yesterday sold its shares held in SBI Holdings, Inc. (head office: Minato-ku, Tokyo; representative: Yoshitaka Kitao). The proceeds of the sale were confirmed as follows;
1. Proceeds of the saleapproximately 86 billion yen
2. Impacts on consolidated financial resultsAssociated with the sale, SOFTBANK expects to record gain on sales of investment securities of approximately 36 billion yen as special income for the second quarter for the fiscal year ending March 2007.
Number of shares sold, proceeds of sale, and gain on sale
|Number of shares sold||Proceeds of sale||Gain on sale|
|Sold on Aug1, 2006||1,111,000.00||approx. 50 bn yen||approx. 29 bn yen|
|Sold on Aug2, 2006||2,134,811.21||approx. 86 bn yen||approx. 36 bn yen|
|Total||3,245,811.21||approx. 136 bn yen||approx. 65 bn yen|
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