Press Releases 2014

Announcement of Dividend from Subsidiary

January 28, 2014
SoftBank Corp.

WILLCOM, Inc. (“WILLCOM”), a subsidiary of SoftBank Corp. (the “Company”), decided its dividend of surplus on January 23, 2014. Expected impact caused by this dividend to the financial results of the Company on a stand-alone basis* is as follows.

1. Outline of dividend by WILLCOM

(a) Total amount of dividend JPY 55,813 million
(b) Effective date January 24, 2014

2. Impact on financial results of the Company

WILLCOM is a wholly-owned subsidiary of the Company. The Company expects to record JPY 55,510 million (the amount of retained earnings and additional paid-in capital after deduction of the return of capital) in dividends received as non-operating income on a stand-alone basis* for the fiscal year ending March 2014.
On a consolidated basis, dividends received from a subsidiary will be eliminated as inter-company transaction.

[Notes]
  • *The Company's financial results on a stand-alone basis are prepared in accordance with Japanese GAAP.
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