Difference between Forecasts and Actual Financial Results
SoftBank Group Corp. (“SBG”) announced the difference between the financial results forecasts announced on April 30, 2020 and the actual financial results announced today as below.
1. Difference between forecasts and actual financial results for the fiscal year ended March 2020 (fiscal 2019)
(Millions of yen)
| Net sales | Operating income | Income before income tax | Net income attributable to owners of the parent | |
|---|---|---|---|---|
| Previous forecasts (A) (Fiscal 2019) | 6,150,000 | (1,350,000) | 20,000 | (900,000) |
| Actual Results (B) (Fiscal 2019) | 6,185,093 | (1,364,633) | 35,492 | (961,576) |
| Change (B-A) | 35,093 | (14,633) | 15,492 | (61,576) |
| Change % | 0.6% | -% | 77.5% | -% |
| Reference: Results for the previous fiscal year (Fiscal year ended March 2019) | 6,093,548 | 2,073,636 | 1,682,673 | 1,411,199 |
2. Reasons for the difference
The difference in income before income tax primarily came from a change in the figure of “income on equity method investments” due to additional financial results data being obtained from an associate accounted for using the equity method after April 30, 2020.
-
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 Such information is subject to change and may become out-of-date.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.
