The Company announced upward revision for the full-year consolidated results forecasts for the fisical year ending March 31, 2021 on February 4, 2021.
The full-year consolidated results forecasts have been upwardly revised to revenue of ¥5,100 billion, an increase of ¥200 billion year on year, operating income of ¥970 billion, an increase of ¥50 billion year on year, and net income attributable to owners of the Company of ¥490 billion, an increase of ¥5 billion year on year. This reflects an increase in business solution and others revenue mainly due to growing demand for telework, etc. in the Enterprise segment, an increase in transaction value in e-commerce services in the Yahoo segment, a solid increase in smartphone subscribers in the Consumer and Enterprise segments, and large-scale project orders from the municipalities in the Distribution segment.
|Adjusted free cash flow*3||524.2||550.0||+25.8||+5%|
- *1Companies which became subsidiaries of SoftBank Corp. on or before March 31, 2020 through transactions under common control (including Z Holdings Corporation, formerly, Yahoo Japan Corporation) are accounted for and retrospectively consolidated as if acquired on April 1, 2018, in accordance with the accounting policies of the Company group
- *2Net income: net income attributable to owners of SoftBank Corp.
- *3Adjusted free cash flow = free cash flow ± total cash flows relating to non-recurring transactions with SoftBank Group Corp. + (proceeds from the securitization of installment sales receivables – repayments thereof). The figures exclude Z Holdings Corporation group and impact from adopting IFRS 16
- *The financial impact of the business integration of Z Holdings Corporation and LINE Corporation the Company can estimate at the present time is incorporated in the consolidated financial result forecasts to a certain extent.