Commencement of Tender Offer by a Subsidiary (GungHo Online Entertainment, Inc.)

SoftBank Corp.

SoftBank Corp. (the “Company”) announces that its subsidiary GungHo Online Entertainment, Inc. (JASDAQ Standard, code 3765, “GungHo”) has resolved at its board of directors' meeting held today to repurchase its own shares and to execute it by a tender offer as a specific measure for the repurchase (the “Tender Offer”) as attached.

For the impact of the Tender Offer on financial results of the Company, please refer to “5. Impact on Financial Results” of the press release “Tender in Tender Offer for Shares of a Subsidiary Accompanied by the Change in Scope of Consolidation” issued today.

Outline of GungHo

Address3-8-1, Marunouchi, Chiyoda-ku, Tokyo
RepresentativeKazuki Morishita, President & CEO
Business description
  • Planning, development, operation, and distribution of PC online games
  • Planning, development, operation, and distribution of smartphone games
  • Planning, development, and sale of consumer games
Common stockJPY 5,338 million (as of December 31, 2014)
  • 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 Such information is subject to change and may become out-of-date.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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