Press Releases 2014

Announcement of Dividend from Subsidiary

March 25, 2014
SoftBank Corp.

SoftBank Telecom Corp. (“SoftBank Telecom”), a subsidiary of SoftBank Corp. (the “Company”), decided its dividend of surplus on March 25, 2014. Expected impact caused by this dividend to the financial results of the Company, on a stand-alone basis* are as follows.

1. Outline of dividend by SoftBank Telecom

(a) Total amount of dividend JPY 44,119 million
(b) Effective date March 26, 2014

2. Impact on financial results of the Company

SoftBank Telecom is a wholly-owned subsidiary of the Company. Of which 81.7% is held directly by the Company, and 18.3% is held by SBBM Corporation, which is also a wholly-owned subsidiary of the Company.
According to the number of directly owned shares, the Company expects to record JPY 36,031 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.

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