Press Releases 2024
Notice of Payment of Dividends (Interim Dividends)
October 21, 2024
SoftBank Corp.
SoftBank Corp. (hereinafter the “Company”) announces that at the meeting of the Board of Directors held on October 21, 2024, its Board of Directors resolved the distribution of dividends from capital surplus with a record date of September 30, 2024 as follows. The amount of dividends per share for common shares and the Series 1 Bond-Type Class Shares is in line with the forecast of dividends announced in “Consolidated Financial Report for the Fiscal Year Ended March 31, 2024,” dated May 9, 2024.
1. Details of Dividends
Common shares
| Resolved | Latest forecast (announced on May 9, 2024) |
Interim dividends for the previous fiscal year ended March 31, 2024 | ||
|---|---|---|---|---|
| Record date | September 30, 2024 | Same as on the left | September 30, 2023 | |
| Dividend per share | JPY 43.00 | Same as on the left | JPY 43.00 | |
| Total dividend | JPY 203,687 million | - | JPY 203,478 million | |
| Effective date | December 6, 2024 | - | December 6, 2023 | |
| Dividend resource | Retained earnings | - | Retained earnings | |
Series 1 Bond-Type Class Shares
| Resolved | Latest forecast (announced on May 9, 2024) |
Interim dividends for the previous fiscal year ended March 31, 2024 | ||
|---|---|---|---|---|
| Record date | September 30, 2024 | Same as on the left | - | |
| Dividend per share | JPY 50.00 | Same as on the left | - | |
| Total dividend | JPY 1,500 million | - | - | |
| Effective date | December 6, 2024 | - | - | |
| Dividend resource | Retained earnings | - | - | |
2. Reason
The Company considers the return of profits to shareholders to be an important priority along with the increase in corporate value in the mid- to long-term. Our dividend policy is to pay attention to the stability and sustainability of dividends while considering factors such as performance trends, financial condition, and cash flow position on a comprehensive basis.
The Company resolved to pay dividends of JPY 43 per common share and JPY 50 per Series 1 Bond-Type Class Share at the end of second quarter, as originally planned. The year-end dividends are planned to be JPY 4.30*1 per common share and a prescribed amount of dividend is planned for the Series 1 Bond-Type Class Shares.
(Reference) Breakdown of annual dividend
Common shares
| Record Date | Fiscal year ended March 31, 2024 | Fiscal year ending March 31, 2025 | ||||
|---|---|---|---|---|---|---|
| Interim | Year-end | Total | Interim | Year-end | Total*2 | |
| Dividend per share (JPY) |
43.00 (Actual) |
43.00 (Actual) |
86.00 (Actual) |
43.00 (Actual) |
4.30 (Forecast) |
- |
Series 1 Bond-Type Class Shares
| Record Date | Fiscal year ended March 31, 2024 | Fiscal year ending March 31, 2025 | ||||
|---|---|---|---|---|---|---|
| Interim | Year-end | Total | Interim | Year-end | Total | |
| Dividend per share (JPY) |
- | 41.53 (Actual) |
41.53 (Actual) |
50.00 (Actual) |
50.00 (Forecast) |
100.00 (Forecast) |
- [Notes]
-
- *1The Company has conducted a stock split at a ratio of 10 shares per common share, with the effective date being October 1, 2024. The year-end dividend per common share for the fiscal year ending March 2025 reflects the amount after the stock split.
- *2The annual dividends per common share forecast for the fiscal year ending March 31, 2025 is not stated because the amounts cannot be simply combined due to the stock split implemented on October 1, 2024.
- *1
- SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.
- Other company, product and service names in this press release are registered trademarks or trademarks of the respective companies.