Press Releases 2010

Partial Correction of Consolidated Financial Report
for the Fiscal Year Ended March 31, 2010

April 23, 2010

SOFTBANK CORP. (hereafter “the Company”) announces that it has made the following correction to its consolidated financial report for prior years.
There is no impact on the Company's earnings results in each fiscal year.

1. Financial reports to be corrected

  • (a) Consolidated Financial Report for the six-month period ended September 30, 2007
    originally released on November 6, 2007
  • (b) Consolidated Financial Report for the fiscal year ended March 31, 2008
    originally released on May 8, 2008
  • (c) Consolidated Financial Report for the fiscal year ended March 31, 2009
    originally released on April 30, 2009

2. Content of the correction

The correction is made due to a calculation error in the relevant items. Revised figures are marked.

(a) Consolidated Financial Report for the six-month period ended September 30, 2007

Page16
Summary of cash flow related indicators excluding the Mobile Communications Segment

(Before revision)

  As of March 31, 2007 As of September 30, 2007
Debt repayment period 4.6 years 3.9 years
Interest coverage ratio 6.6 7.5

(After revision)

  As of March 31, 2007 As of September 30, 2007
Debt repayment period 4.6 years 3.7 years
Interest coverage ratio 6.8 7.9

(b) Consolidated Financial Report for the fiscal year ended March 31, 2008

Page16
Summary of cash flow related indicators excluding the Mobile Communications Segment

(Before revision)

  Fiscal year ended
March 31, 2007
Fiscal year ended
March 31, 2008
Debt repayment period 4.6 years 3.0 years
Interest coverage ratio 6.6 9.2

(After revision)

  Fiscal year ended
March 31, 2007
Fiscal year ended
March 31, 2008
Debt repayment period 4.6 years 3.6 years
Interest coverage ratio 6.8 7.7

(c) Consolidated Financial Report for the fiscal year ended March 31, 2009

Page19
Summary of cash flow related indicators excluding the Mobile Communications Segment

(Before revision)

  Fiscal year ended
March 31, 2007
Fiscal year ended
March 31, 2008
Fiscal year ended
March 31, 2009
Debt repayment period 4.6 years 3.0 years 2.6 years
Interest coverage ratio 6.6 9.2 12.0

(After revision)

  Fiscal year ended
March 31, 2007
Fiscal year ended
March 31, 2008
Fiscal year ended
March 31, 2009
Debt repayment period 4.6 years 3.6 years 3.1 years
Interest coverage ratio 6.8 7.7 10.2
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