Press Releases 2020
February 12, 2020
SoftBank Group Corp.
SoftBank Group Corp. ('SBG') announced that it recorded JPY 331,870 million of dilution gain from changes in equity interest in its consolidated financial statement for the nine-month period ended December 31, 2019, related to Alibaba Group Holding Limited ('Alibaba'), an associate accounted for using the equity method of SBG, mainly for its issuance of 575 million new shares on The Stock Exchange of Hong Kong Limited, including a subsequent overallotment. There have been no changes in the number of shares held by SBG and its wholly owned subsidiaries (5,390 million shares in total).
In the consolidated statements of income for the nine-month period ended December 31, 2019, SBG recorded dilution gain from changes in equity interest of JPY 332,230 million. This included the impact of dilution in equity interest related to associates accounted for using the equity method other than Alibaba.
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SoftBank Group Corporation published this content on 12 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 February 2020 06:23:01 UTC