Change of Representative Director and Appointments of Directors and Audit & Supervisory Board Members

May 11, 2015

SoftBank Corp.

SoftBank Corp. (the “Company”) announces that on May 11, 2015 it decided on personnel change of Representative Director and appointments of candidates for the position of Directors and Audit & Supervisory Board Members of the Company as below.

The elections of Directors and Audit & Supervisory Board Members are subject to the approval of the 35th Annual General Meeting of Shareholders (the “Meeting”) to be held on June 19, 2015, and the personnel change of Representative Director is subject to a resolution at the Board of Directors meeting to be held after the close of the Meeting. Selection of Chairman of Audit & Supervisory Board is subject to a resolution at the Audit & Supervisory Board meeting to be held after the close of the Meeting.

1. Change of Representative Director

(1) Reason for the change

Mr. Nikesh Arora assumed positions of Vice Chairman of SoftBank Corp. and CEO of SB Group US, Inc. (former SoftBank Internet and Media, Inc.) in September 2014, and has been deeply involved in the development and execution of the Group’s growth strategy. In pursuit of enhancement of the management structure along with further global development, the Company has decided to appoint Mr. Arora as Representative Director, President of the Company.

Mr. Ken Miyauchi, joined the Company in 1984, has been engaging in business expansion of the Group particularly in areas of sales and marketing, and also serves as President & CEO of SoftBank Mobile Corp., a newly born company after the merger of four domestic telecommunications subsidiaries in April 2015. As described in the press release “Changes of Corporate Names of SoftBank Corp. and Subsidiary” issued today, SoftBank Mobile Corp. will change its corporate name to “SoftBank Corp.” on July 1, 2015. Mr. Miyauchi will focus on the operation of this company, which is expected to play a larger role in the Group as its core business unit, while continuing to play a leading role in the Group management as a Director of the Company.

The title of Masayoshi Son, Chairman & CEO of the Company, remains the same.

(2) Names and titles of Representative Directors

New Representative Director

New title	Name	Current title
Representative Director, President	Nikesh Arora	Vice Chairman

Resigning Representative Director

New title	Name	Current title
Director	Ken Miyauchi	Representative Director, Senior Executive Vice President

(3) Scheduled date of change

June 19, 2015

2. Appointment of the Members of the Board of Directors

(1) Candidate for the member of the Board (to be elected on June 19, 2015)

Name	Current title
Nikesh Arora	Vice Chairman, SoftBank Corp. CEO, SB Group US, Inc.

(2) Directors to resign from the Board (to be resigning on June 19, 2015)

Name	Current title
Yoshimitsu Goto	Director, Executive Corporate Officer, Finance, Corporate Communications, Investor Relations, Brand Management Division and General Manager of Finance, SoftBank Corp. Board Director, Executive Vice President, SoftBank Mobile Corp. President & Owner's Representative, Fukuoka SoftBank HAWKS Corp.
Kazuhiko Fujihara	Director, Executive Corporate Officer, Corporate Planning, Global Business Synergies Division and General Manager of Corporate Planning, SotBank Corp. Board Director, Executive Vice President & CFO, SoftBank Mobile Corp.

Messrs. Yoshimitsu Goto and Kazuhiko Fujihara will resign from the Board of Directors of the Company. However Mr. Goto will remain as Executive Corporate Officer of the Company and Board Director, Executive Vice President of SoftBank Corp. (currently SoftBank Mobile Corp.) and continues to manage capital funding both in Japan and overseas. Mr. Fujihara will focus on the role as Board Director, Executive Vice President & CFO of SoftBank Corp. (currently SoftBank Mobile Corp.).

3. Appointment of Members of the Audit & Supervisory Board

(1) Candidates for the member of the Audit & Supervisory Board (to be elected on June 19, 2015)

Name	Current title
Tatsuhiro Murata	Audit & Supervisory Board Member, SoftBank Mobile Corp.
Maurice Atsushi Toyama	Partner, PricewaterhouseCoopers Aarata

Mr. Maurice Atsushi Toyama is a candidate for External Audit & Supervisory Board Member.

(2) Member to resign from the Audit & Supervisory Board (to be resigning on June 19, 2015)

Name	Current title
Mitsuo Sano	Audit & Supervisory Board Member, SoftBank Corp.

4. List of Officers After the Change

Masayoshi Son, Chairman & CEO

Nikesh Arora, Representative Director, President

Ken Miyauchi, Director

Ronald Fisher, Director

Yun Ma, Director

Manabu Miyasaka, Director

Tadashi Yanai, Director

Mark Schwartz, Director

Shigenobu Nagamori, Director

Tatsuhiro Murata, Chairman of Audit & Supervisory Board

Maurice Atsushi Toyama, Chairman of Audit & Supervisory Board

Soichiro Uno, Audit & Supervisory Board Member

Koichi Shibayama, Audit & Supervisory Board Member

Hidekazu Kubokawa, Audit & Supervisory Board Member

Directors, Messrs. Tadashi Yanai, Mark Schwartz and Shigenobu Nagamori are External Directors. Audit & Supervisory Board Members, Messrs. Maurice Atsushi Toyama, Soichiro Uno, Koichi Shibayama, and Hidekazu Kubokawa are External Audit & Supervisory Board Members.

(Attachment) Biography of Candidates for the Member of the Board of Directors and the Audit & Supervisory Board

1. Nikesh Arora

Date of birth	February 9, 1968
Biography	May 1992	VP, Finance, Fidelity Investments
	April 1997	VP, Putnam Investments
	April 2000	CEO, T-Motion, PLC
	July 2001	Chief Marketing Officer, T-Mobile Europe
	December 2004	President, EMEA Sales, Marketing & Partnerships, Google Inc.
	January 2011	Senior Vice President and Chief Business Officer, Google Inc.
	September 2014	Vice Chairman, SoftBank Corp. (to present)
	September 2014	CEO, SoftBank Internet and Media, Inc. (currently SB Group US, Inc.) (to present)
	November 2014	Director, Sprint Corporation (to present)
Number of the Company's shares held	zero shares as of March 31, 2015

2. Tatsuhiro Murata

Date of birth	April 7, 1952
Biography	April 1975	Joined The Fuji Bank, Limited (currently Mizuho Bank, Ltd.)
	April 2001	General Manager of Business Development Support, Commercial Finance Business Div., The Fuji Bank, Limited.
	January 2007	Joined SoftBank Corp.
	April 2012	General Manager, Internal Audit, SoftBank Corp.
	June 2014	Audit & Supervisory Board Member, eAccess Ltd. (currently SoftBank Mobile Corp.) (to present)
Number of the Company's shares held	zero shares as of March 31, 2015

3. Maurice Atsushi Toyama

Date of birth	April 28, 1955
Biography	September 1977	Joined San Francisco Office of Price Waterhouse (currently PricewaterhouseCoopers)
	August 1981	Certified Public Accountant, State of California, U.S.
	June 2006	Partner, PricewaterhouseCoopers Aarata (to present)
Number of the Company's shares held	zero shares as of March 31, 2015

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