SOFTBANK reports gain on sale of shares of cyber communications inc. (for sale through over allotment)
SOFTBANK CORP. reports that the number of shares sold and gain on sale of shares of cyber communications inc. (Head office: Chuo-ku, Tokyo, President & CEO: Toshio Arai) through over allotment were fixed today. SOFTBANK CORP. previously announced on October 7, 2003 that it would sell a part of its holding in cyber communications inc.
4,519 shares were sold through over allotment, and as a result, gain on sale of investment securities of approximately 790 million yen would be recognized in the 3rd quarter of fiscal year 2004.
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