Recognition of Foreign Exchange Gain in Non-consolidated Financial Statements
May 10, 2017
SoftBank Group Corp.
SoftBank Group Corp. (“SBG”) announces that it recognized foreign exchange gain as non-operating income in its non-consolidated financial statements (Japan GAAP) for the fiscal year ended March 2017 as follows.
1. Outline of foreign exchange gain
SBG recognized foreign exchange gain of JPY 50,618 million as non-operating income in its non-consolidated financial statements for the fiscal year ended March 2017. This was recorded along with settlement and translation of foreign currency-denominated borrowings from a foreign subsidiary.
2. Impact on SBG's consolidated financial results
- Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.