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    9984   JP3436100006

SOFTBANK GROUP CORP.

(9984)
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SoftBank : Recognition of Dilution Gain from Changes in Equity Interest Mainly Related to Alibaba's Listing in Hong Kong

02/12/2020 | 01:24am EDT

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.

  • Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.

Disclaimer

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


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Financials
Sales 2022 6 040 B 55 292 M 55 292 M
Net income 2022 1 310 B 11 990 M 11 990 M
Net Debt 2022 14 983 B 137 B 137 B
P/E ratio 2022 8,69x
Yield 2022 0,70%
Capitalization 10 842 B 99 238 M 99 250 M
EV / Sales 2022 4,28x
EV / Sales 2023 4,05x
Nbr of Employees 58 786
Free-Float 69,3%
Chart SOFTBANK GROUP CORP.
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SoftBank Group Corp. Technical Analysis Chart | 9984 | JP3436100006 | MarketScreener
Technical analysis trends SOFTBANK GROUP CORP.
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 15
Last Close Price 6 329,00 JPY
Average target price 10 507,87 JPY
Spread / Average Target 66,0%
EPS Revisions
Managers and Directors
Masayoshi Son Chairman & Executive President
Yoshimitsu Goto CFO, Director & Senior Managing Executive Officer
Raul Marcelo Claure Chief Operating Officer & Executive Vice President
Tim Mackey Chief Legal Officer & Group Compliance Officer
Masami Iijima Independent Outside Director
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