Press Releases 2026

(Update of Disclosed Matters)
Notice on Change to Completion Timing for
the Acquisition of Shares of Consolidated Subsidiary
LINE MAN CORPORATION PTE. LTD.

October 30, 2026
SoftBank Corp.

SoftBank Corp. (hereinafter the "Company") hereby announces that a change has been made to the completion timing of the additional acquisition of shares (hereinafter the "Additional Acquisition") of LINE MAN CORPORATION PTE. LTD. (hereinafter "LMWN") by LY Corporation (hereinafter "LY"), a consolidated subsidiary of the Company, through a subsidiary of LY. The Additional Acquisition was previously disclosed in the "Notice of Changes in Specified Subsidiaries" dated September 11, 2025 (hereinafter the "Notice Dated September 11, 2025"), the "(Update of Disclosed Matters) Notice on the Status of Obtaining Approvals and Permits from Relevant Authorities in Thailand for the Acquisition of Shares of Consolidated Subsidiary LINE MAN CORPORATION PTE. LTD. and Future Outlook" dated May 27, 2026, and the "(Update of Disclosed Matters) Notice on Change to Completion Timing for the Acquisition of Shares of Consolidated Subsidiary LINE MAN CORPORATION PTE. LTD." dated August 28, 2026 (hereinafter the "Notice Dated August 28, 2026"). Details are as follows.

1. Change to the completion timing of the Additional Acquisition

Of the transactions comprising the Additional Acquisition described in *8 under "4. Number of shares, etc. held before and after the change" in the Notice Dated September 11, 2025, the following transaction through LINE SOUTHEAST ASIA CORP. PTE. LTD. (hereinafter "LSEA") had been scheduled for completion by the end of October 2026, as stated in the Notice Dated August 28, 2026: (iii) a capital increase in LMWN involving the acquisition of 12,428,298 new shares for USD130 million. However, as additional time continues to be required for coordination among the contracting parties toward the execution of agreements related to the capital increase, the capital increase has been rescheduled for completion by the end of January 2027.

2. Future outlook

As LMWN is already a consolidated subsidiary of LY, the impact of the change to the completion timing of the Additional Acquisition on the Company's consolidated financial results for the current fiscal year is expected to be minimal.

3. Other reference information

Upon completion of the abovementioned (iii) capital increase in LMWN involving the acquisition of 12,428,298 new shares for USD130 million, the number of LMWN shares indirectly held by the Company and the ratio of voting rights are expected to be as follows.

  1. (1)
    Number of LMWN shares indirectly held: 85,344,082
  2. (2)
    Ratio of voting rights: 63.7% *1
[Notes]
  1. *1
    The figure is calculated based on the total number of voting rights as of September 30, 2026, combined with the voting rights associated with the shares to be issued through the capital increase described in (iii) of *8 under "4. Number of shares, etc. held before and after the change" in the Notice Dated September 11, 2025.
  • 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.