Press Releases 2008

Announcement of Dividend Payout

May 8, 2008

SOFTBANK CORP. (hereafter “the Company”) announces that the Board of Directors, at its meeting held today, has resolved to pay cash dividends from retained earnings to shareholders on record as of March 31, 2008 as described below.

1. Details of dividend

  Resolved amount Previous fiscal year
(Ended on March 31, 2007)
Recorded date March 31, 2008 March 31, 2007
Dividend per share JPY 2.50 JPY 2.50
Total dividends JPY 2,701 million JPY 2,639 million
Effective date June 26, 2008 June 25, 2007
Dividend source Retained earnings Retained earnings

2. Reasons

The company has a basic policy to return its profits appropriately to all stakeholder groups including shareholders through augmenting enterprise value.

Reflecting this dividend policy the Company set the dividend payout as shown above, taking the need to maintain a proper balance between bolstering the operating base and preserving a stable dividend from a medium-to long-term perspective into perspective. This matter is planned to be brought to the 28th Annual General Meeting of Shareholders which is scheduled to be held on June 25, 2008, for discussion.

Reference

Details of annual dividend

  Dividend per share
Base date Interim Year end Annual
FY 2007 paid dividend - JPY 2.50 JPY 2.50
FY 2006 dividend paid
(Ended on March 31, 2007)
- JPY 2.50 JPY 2.50
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