Announcement of Dividend from Subsidiary

SoftBank Corp.

WILLCOM, Inc. (“WILLCOM”), a subsidiary of SoftBank Corp. (the “Company”), decided its dividend of surplus on January 23, 2014. Expected impact caused by this dividend to the financial results of the Company on a stand-alone basis* is as follows.

1. Outline of dividend by WILLCOM

(a) Total amount of dividendJPY 55,813 million
(b) Effective dateJanuary 24, 2014

2. Impact on financial results of the Company

WILLCOM is a wholly-owned subsidiary of the Company. The Company expects to record JPY 55,510 million (the amount of retained earnings and additional paid-in capital after deduction of the return of capital) in dividends received as non-operating income on a stand-alone basis* for the fiscal year ending March 2014.
On a consolidated basis, dividends received from a subsidiary will be eliminated as inter-company transaction.

  • *The Company's financial results on a stand-alone basis are prepared in accordance with Japanese GAAP.
  • 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 Such information is subject to change and may become out-of-date.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.

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