Announcement Concerning the Forecasts of Consolidated Earnings Results for FY2010
SOFTBANK CORP. (hereafter “the Company”) announces the SOFTBANK Group's forecast on consolidated operating income for FY2010 ending March 31, 2011 as stated below. No changes are being made to the forecast on consolidated operating income for FY2009 ending March 31, 2010 announced on October 29, 2008.
| Actual of the FY2008 ended March 31, 2009 | Forecast of FY2009 ending March 31, 2010 (announced on October 29, 2008) | Forecast of FY2010 ending March 31, 2011 (announced on February 2, 2010) | |
|---|---|---|---|
| Consolidated operating income | 359.1 | 420.0 (no change) | 500.0 |
Consolidated net sales are greatly influenced by the sales method used by the Group for mobile handsets, which makes it difficult to forecast business results. In addition, the Company holds a variety of investment securities and invests in funds that are vulnerable to the market environment, making it difficult to estimate earnings under the equity method and the special income/loss. For this reason, meaningful earnings forecasts for equity in earnings under the equity method, special income and loss cannot be provided at this time.
| The forecast in this release is made based on information available at the time of writing, and it contains certain forward-looking statements that are subject to various risks and uncertainties including, without limitation, the general economic conditions and other important factors, which may cause actual results to differ materially from those expressed or implied in any forward-looking statements. |
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