Press Releases 2015

Commencement of Tender Offer by a Subsidiary
(GungHo Online Entertainment, Inc.)

April 28, 2015
SoftBank Corp.

SoftBank Corp. (the “Company”) announces that its subsidiary GungHo Online Entertainment, Inc. (JASDAQ Standard, code 3765, “GungHo”) has resolved at its board of directors' meeting held today to repurchase its own shares and to execute it by a tender offer as a specific measure for the repurchase (the “Tender Offer”) as attached.

For the impact of the Tender Offer on financial results of the Company, please refer to “5. Impact on Financial Results” of the press release “Tender in Tender Offer for Shares of a Subsidiary Accompanied by the Change in Scope of Consolidation” issued today.

Outline of GungHo

Address 3-8-1, Marunouchi, Chiyoda-ku, Tokyo
Representative Kazuki Morishita, President & CEO
Business description
  • Planning, development, operation, and distribution of PC online games
  • Planning, development, operation, and distribution of smartphone games
  • Planning, development, and sale of consumer games
Common stock JPY 5,338 million (as of December 31, 2014)
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