Press Releases 2013

Announcement of Dividend from Subsidiary

September 9, 2013
SoftBank Corp.

Mobiletech Corporation (“Mobiletech”), a subsidiary of SoftBank Corp. (the “Company”), decided its dividend of surplus on September 9, 2013. Expected impact caused by this dividend to the financial results of the Company on a stand-alone basis* is as follows.

1. Outline of dividend by Mobiletech

(a) Total amount of dividend JPY 135,000 million
(b) Effective date September 10, 2013

2. Impact on financial results of the Company

Mobiletech is a wholly-owned subsidiary of the Company. The Company expects to record JPY 135,000 million in dividends received as non-operating income on a stand-alone basis* for the fiscal year ending March 2014.
On a consolidated basis, dividends received from a subsidiary will be eliminated as inter-company transaction.

3. Note

Mobiletech holds 100% of SoftBank Mobile Corp.'s shares through BB Mobile Corp.

[Notes]
  • *The Company's financial results on a stand-alone basis are prepared in accordance with Japanese GAAP.
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