Commencement of Tender Offer by a Subsidiary (Yahoo Japan Corporation)
SoftBank Group Corp. (“SBG”) announces that on June 9, 2016 its subsidiary Yahoo Japan Corporation (TSE first section: 4689, “Yahoo Japan”) has resolved to acquire the common shares of eBOOK Initiative Japan Co., Ltd. (TSE first section: 3658) through a tender offer (the “Tender Offer”) under the Financial Instruments and Exchange Act (Act No. 25 of 1948; as amended), as set out in the attached.
The impact of the Tender Offer on SBG's consolidated financial results will be minor.
Outline of Yahoo Japan
|Address||9-7-1, Akasaka, Minato-ku, Tokyo|
|Name and title of the representative||Manabu Miyasaka|
President and CEO
|Nature of business|
|Share capital||JPY 8,358 million (as of March 31, 2016)|
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