Announcement of Dividend Payout
SOFTBANK CORP. (hereafter “the Company”) announces that its Board of Directors, at is meeting held on today, has resolved to pay cash dividends from retained earnings to shareholders of record as of the base date on March 31, 2007 as described below.
1.Details of dividend
| Resolved amount | Previous fiscal year (Ended on March 31, 2006) | |
|---|---|---|
| Base date | March 31, 2007 | March 31, 2006 |
| Dividend per share | JPY 2.50 | JPY 2.50 |
| Total dividends | JPY 2,639 million | JPY 2,637 million |
| Effective date | June 25, 2007 | June 23, 2006 |
| Dividend source | Retained earnings | Retained earnings |
2.Reasons
The company has adopted a basic policy for allocating profit appropriately to stakeholders including shareholders by making every effort to increase the profits to shareholders through the improvement of corporate value.
Reflecting this dividend policy, the Company decided the dividend payout as above in view of the balance between enhancement of management base and continuity of stable dividend payout from the mid-long term viewpoint. This matter is planned to be brought to the 27th Annual General Meeting of Shareholders which is scheduled to be held on June 22, 2007, for discussion.
Reference
Details of annual dividend
| Base date | Interim | Year end | Annual |
|---|---|---|---|
| FY2006 paid dividend | - | JPY 2.50 | JPY 2.50 |
| FY2005 dividend paid (Ended on March 31, 2006) | - | JPY 2.50 | JPY 2.50 |
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