10th Jun 2008 12:16
June 10, 2008
Dividends Receipt from Consolidated Subsidiary
SOFTBANK CORP. (hereinafter 'SOFTBANK') today received dividends from Yahoo Japan Corporation
(Head office: Minato-ku, Tokyo; Representative; Masahiro Inoue), a consolidated subsidiary
of SOFTBANK as follows.
Outline
Receipt amount ： approximately ￥2.5 billion
Date of reception ： June 10, 2008
2. Impact on financial results
SOFTBANK expects to record approximately ￥2.5 billion in dividends received as non-operating
income on a stand-alone basis, for the fiscal year ending March 31, 2009. As a
result, SOFTBANK expects that the above mentioned dividends receipt will contribute
approximately ￥2.5 billion to ordinary income and net income.
On a consolidated basis, dividends received from a consolidated subsidiary will be eliminated as
inter-company transaction.
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