Transfer of Shares of Subsidiaries and Other Companies

April 1, 2016

SoftBank Group Corp.

SoftBank Group Corp. (“SBG”) announces that as of April 1, 2016 it has transferred all of its shares of 13 domestic subsidiaries and other companies held by SBG and its wholly-owned subsidiaries to SoftBank Group Japan GK, a domestic operations management company wholly owned by SBG (the “Transfer”) as follows.

1. Outline of the Transfer

As announced in “Reorganization of Group Companies” dated March 7, 2016, SBG, in an effort to clarify the roles and responsibilities and to enable agile Group management, has started transfer its investment securities in phases to newly placed global and domestic operations management companies. As part of that effort, on April 1, 2016, all the shares of 13 domestic subsidiaries and other companies held by SBG and its wholly-owned subsidiaries were transferred to SoftBank Group Japan GK, the domestic operations management company wholly owned by SBG.

2. Outline of main companies of which shares have been transferred

SB Media Holdings Corp.

(1) Trade name	SB Media Holdings Corp.
(2) Address	2-4-5, Roppongi, Minato-ku, Tokyo
(3) Name and title of representative	Kosei Tsuchihashi, President
(4) Nature of business	Intermediate holding company, which holds 10,457,400 shares, or 53.0% of voting rights, as of February 5, 2016^*1 in ITmedia Inc. (stock code: 2148, TSE Mothers)
(5) SBG voting ratio	100%

*1
SB Media Holdings Corp. and a SBG subsidiary Yahoo Japan Corporation collectively hold 57.0% of voting rights in ITmedia Inc. as of February 5, 2016.

SoftBank Technology Corp.

(1) Trade name	SoftBank Technology Corp.
(2) Address	6-27-30, Shinjuku, Shinjuku-ku, Tokyo
(3) Name and title of representative	Shinichi Ata, President & CEO
(4) Nature of business	Provision of ICT services involving cloud, security and digital marketing
(5) Stock code	4726 (TSE First Section)
(6) SBG voting ratio	55.2% (as of December 31, 2015)

Vector Inc.

(1) Trade name	Vector Inc.
(2) Address	8-14-24 Nishi-shinjuku, Shinjuku-ku, Tokyo
(3) Name and title of representative	Nobuhiro Kajinami, President & CEO
(4) Nature of business	Operation, sales, and marketing of online games, software downloads, advertising
(5) Stock code	2656 (TSE JASDAQ Standard)
(6) SBG voting ratio	42.4% (as of March 31, 2016)^*2

*2
SBG and its subsidiary Yahoo Japan Corporation collectively hold 52.1% of voting rights in Vector Inc. as of March 31, 2016.

Scigineer Inc.

(1) Trade name	Scigineer Inc.
(2) Address	1-22-5, Hamamatsu-cho, Minato-ku, Tokyo
(3) Name and title of representative	Shinichiro Yoshii, CEO
(4) Nature of business	Provision of Internet marketing support services using the personalized engine “deqwas” for e-commerce business operators and retailers
(5) Stock code	6031 (TSE Mothers)
(6) SBG voting ratio	31.8% (as of December 31, 2015)^*3

*3
SBG and its subsidiary SoftBank Technology Corp. collectively hold 33.1% of voting rights in Scigineer Inc. as of December 31, 2015.

3. Outline of domestic operations management company to which shares of subsidiaries have been transferred

(1) Trade name		SoftBank Group Japan GK
(2) Address		1-9-1 Higashi-shimbashi, Minato-ku, Tokyo
(3) Name and title of representative		Ken Miyauchi, President
(4) Nature of business		Intermediate holding company
(5) Share capital		JPY 10 million
(6) Founded		June 14, 1991
(7) Principal shareholders and their shareholding ratio		SoftBank Group Corp. 100%
(8) Relationship with SBG	Capital relationship	SBG is the parent company that owns 100% of voting rights of the company.
	Personnel relationship	Ken Miyauchi, Director of SBG, concurrently serves as representative of the company.
	Business relationship	Not applicable

4. Impact on SBG's financial results

The impact of the Transfer on SBG's financial results will be minor.

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