Press Releases 2016

Transfer of Shares of Subsidiaries and Other Companies

April 1, 2016
SoftBank Group Corp.

SoftBank Group Corp. (“SBG”) announces that as of April 1, 2016 it has transferred all of its shares of 13 domestic subsidiaries and other companies held by SBG and its wholly-owned subsidiaries to SoftBank Group Japan GK, a domestic operations management company wholly owned by SBG (the “Transfer”) as follows.

1. Outline of the Transfer

As announced in “Reorganization of Group Companies” dated March 7, 2016, SBG, in an effort to clarify the roles and responsibilities and to enable agile Group management, has started transfer its investment securities in phases to newly placed global and domestic operations management companies. As part of that effort, on April 1, 2016, all the shares of 13 domestic subsidiaries and other companies held by SBG and its wholly-owned subsidiaries were transferred to SoftBank Group Japan GK, the domestic operations management company wholly owned by SBG.

2. Outline of main companies of which shares have been transferred

SB Media Holdings Corp.

(1) Trade name SB Media Holdings Corp.
(2) Address 2-4-5, Roppongi, Minato-ku, Tokyo
(3) Name and title of representative Kosei Tsuchihashi, President
(4) Nature of business Intermediate holding company, which holds 10,457,400 shares, or 53.0% of voting rights, as of February 5, 2016*1 in ITmedia Inc. (stock code: 2148, TSE Mothers)
(5) SBG voting ratio 100%
[Note]
  • *1
    SB Media Holdings Corp. and a SBG subsidiary Yahoo Japan Corporation collectively hold 57.0% of voting rights in ITmedia Inc. as of February 5, 2016.

SoftBank Technology Corp.

(1) Trade name SoftBank Technology Corp.
(2) Address 6-27-30, Shinjuku, Shinjuku-ku, Tokyo
(3) Name and title of representative Shinichi Ata, President & CEO
(4) Nature of business Provision of ICT services involving cloud, security and digital marketing
(5) Stock code 4726 (TSE First Section)
(6) SBG voting ratio 55.2% (as of December 31, 2015)

Vector Inc.

(1) Trade name Vector Inc.
(2) Address 8-14-24 Nishi-shinjuku, Shinjuku-ku, Tokyo
(3) Name and title of representative Nobuhiro Kajinami, President & CEO
(4) Nature of business Operation, sales, and marketing of online games, software downloads, advertising
(5) Stock code 2656 (TSE JASDAQ Standard)
(6) SBG voting ratio 42.4% (as of March 31, 2016)*2
[Note]
  • *2
    SBG and its subsidiary Yahoo Japan Corporation collectively hold 52.1% of voting rights in Vector Inc. as of March 31, 2016.

Scigineer Inc.

(1) Trade name Scigineer Inc.
(2) Address 1-22-5, Hamamatsu-cho, Minato-ku, Tokyo
(3) Name and title of representative Shinichiro Yoshii, CEO
(4) Nature of business Provision of Internet marketing support services using the personalized engine “deqwas” for e-commerce business operators and retailers
(5) Stock code 6031 (TSE Mothers)
(6) SBG voting ratio 31.8% (as of December 31, 2015)*3
[Note]
  • *3
    SBG and its subsidiary SoftBank Technology Corp. collectively hold 33.1% of voting rights in Scigineer Inc. as of December 31, 2015.

3. Outline of domestic operations management company to which shares of subsidiaries have been transferred

(1) Trade name SoftBank Group Japan GK
(2) Address 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo
(3) Name and title of representative Ken Miyauchi, President
(4) Nature of business Intermediate holding company
(5) Share capital JPY 10 million
(6) Founded June 14, 1991
(7) Principal shareholders and their shareholding ratio SoftBank Group Corp. 100%
(8) Relationship with SBG Capital relationship SBG is the parent company that owns 100% of voting rights of the company.
Personnel relationship Ken Miyauchi, Director of SBG, concurrently serves as representative of the company.
Business relationship Not applicable

4. Impact on SBG's financial results

The impact of the Transfer on SBG's financial results will be minor.

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