Statement re Dividends Receip

10 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.