April 21, 2021
SoftBank Group Corp.
Comments on Certain Media Coverage
Today, the Yomiuri Shimbun reported on the financial results of SoftBank Group Corp. ("SBG") for the fiscal year ended March 2021 titled "SoftBank Group to post Japan's highest profit, with a profit in the high JPY 4 trillion range"; however, this is not an announcement made by SBG.
It is a fact that SBG recorded a net profit* of JPY 3,055.2 billion for the nine-month period ended December 31, 2020, and in addition, several portfolio companies were listed in the fourth quarter and valuation gains were recorded. On the other hand, the fair values of many unlisted portfolio companies are still being calculated and their valuations have not been determined. The financial results for the fourth quarter, including other factors, are currently under review. The financial results for the fiscal year ended March 2021 will be disclosed at 3:00 p.m. on May 12, 2021.
* Net income attributable to owners of the parent
SoftBank Group Corporation published this content on 21 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2021 02:21:06 UTC.