Forecasts

Forecasts for Consolidated Results

For the consolidated financial results forecasts for the fiscal year ending March 31, 2022, while factoring in the impact of mobile service price reductions, the Company continues to expect an increase in both revenue and operating income led by the growth of the Enterprise segment and the Yahoo segment in addition to implementing thorough cost reductions including group synergies.

(Billions of yen)
FY2020
Actual
FY2021
Forecast
Year on year Year on year %
Revenue 5,205.5 5,500.0 +294.5 +5.7%
Adjusted EBITDA*1 1,714.8 1,730.0 +15.2 +0.9%
Operating income 970.8 975.0 +4.2 +0.4%
Net income*2 491.3 500.0 +8.7 +1.8%
[Notes]
  1. *1
    Adjusted EBITDA = operating income + depreciation and amortization (including loss on disposal of non-current assets) + stock compensation expenses ± other adjustments
  2. *2
    Net income: net income attributable to owners of SoftBank Corp.

Forecasts for the Operating Income by Segment

In the Consumer segment, the Company expects a decrease in operating income due to mobile service price reductions despite an increase in smartphone subscribers. In the Enterprise segment, the Company expects an increase in operating income related to mobile and business solution services through promoting digitalization of enterprise customers. In the Distribution segment, the Company forecasts an increase in operating income from the expansion of subscription services. In the Yahoo segment, the Company expects growth in the commerce business and others, despite the amortization of intangible assets associated with the consolidation of LINE Corporation.

(Billions of yen)
FY2020
Actual
FY2021
Forecast
Year on year Year on year %
Consumer 658.6 642.0 -16.6 -2.5%
Enterprise 107.7 128.0 +20.3 +18.8%
Distribution 22.3 22.5 +0.2 +0.9%
Yahoo and others*3 182.2 182.5 +0.3 +0.2%
Total 970.8 975.0 +4.2 +0.4%
[Note]
  1. *3
    Other includes information not included in any of Consumer, Enterprise, Distribution, and Yahoo segment and adjustments including eliminations of intersegment transactions and expenses not allocated to each reportable segment.