For the consolidated earnings forecast for the fiscal year ending March 31, 2021, we expect revenue of 4,900 billion yen, operating income of 920 billion yen, and net income attributable to owners of the Company of 485 billion yen due to the continuous increase in the number of smartphone subscribers and broadband subscribers and the growth in the enterprise business.
The forecasts are based on information available as of April 2020 regarding the impact from COVID-19. We will continue to carefully assess the impact on the Group and immediately announce any necessary revisions in the future.
|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 FY2020 consolidated forecasts do not reflect the financial impact of the business integration of Z Holdings Corporation and LINE Corporation.