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Earnings Results for the Nine-Month Period Ended December 31, 2014

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Earnings Results for the Nine-Month Period Ended December 31, 2014 Index Accounting -1 Consolidated Results Summary -1- Accounting -2 Net Sales, EBITDA, Segment Income -2- Accounting -3 EBITDA Margin, Segment Income Margin -3- Earnings Results for Accounting -4 Finance Cost, Other Non-operating Income and Loss -4- Accounting -5 Capital Expenditure, Depreciation and Amortization -5- the Nine-month Period Accounting -6 Consolidated B/S Assets -6- Accounting -7 Consolidated B/S Liabilities and Equity -7- Accounting -8 Sprint US-GAAP Bridge to SoftBank IFRSs -8- Ended December 31, 2014 Finance Interest-bearing Debt, Cash Position, Financial Indicators -9- Operation -1 Mobile Communications -1 -10- Operation -1 Mobile Communications -2 -11- Operation -2 Sprint -12- Data Sheet Operation -3 Fixed-line Telecommunications -13- Reference -1 Main Financing Activities -14- Reference -2 Corporate Bonds and Commercial Paper Details (consolidated) -15- Reference -3 Trend of Credit Rating of SoftBank -17- Reference -4 Dilution Gain from Changes in Equity Interest -18- February 10, 2015 at the Time of Alibaba's IPO SoftBank Corp. Accounting - 1 Consolidated Results Summary Unaudited Consolidated results FY2013 FY2014 (Millions of yen) Q1 Q2 Q3 Q1-3 Q4 Full year Q1 Q2 Q3 Q1-3 Q4 Full year Net sales 881,069 1,717,543 1,963,091 4,561,703 2,104,948 6,666,651 1,992,216 2,112,148 2,326,803 6,431,167 EBITDA (*) 354,272 483,827 477,961 1,316,060 462,432 1,778,492 592,058 530,509 487,117 1,609,684 EBITDA margin (*) 40.2% 28.2% 24.3% 28.9% 22.0% 26.7% 29.7% 25.1% 20.9% 25.0% Operating income 400,121 337,050 203,461 940,632 136,412 1,077,044 337,632 259,026 191,387 788,045 Operating margin 45.4% 19.6% 10.4% 20.6% 6.5% 16.2% 16.9% 12.3% 8.2% 12.3% Finance cost -27,383 -78,479 -80,770 -186,632 -84,846 -271,478 -84,987 -86,262 -92,919 -264,168 Equity in income (loss) of associates -1,083 -2,697 23,742 19,962 54,440 74,402 -63,425 44,129 31,357 12,061 Income before income tax 360,112 268,256 186,177 814,545 109,504 924,049 199,471 796,310 121,461 1,117,242 Net income 269,652 175,860 93,754 539,266 38,985 578,251 111,308 497,133 32,283 640,724 Net margin 30.6% 10.2% 4.8% 11.8% 1.9% 8.7% 5.6% 23.5% 1.4% 10.0% Net income attributable to owners of the parent 244,377 165,790 89,664 499,831 20,419 520,250 77,574 483,136 18,736 579,446 Net income attributable to owners of the parent ratio 27.7% 9.7% 4.6% 11.0% 1.0% 7.8% 3.9% 22.9% 0.8% 9.0% Total assets 16,690,127 20,238,353 Equity attributable to owners of the parent 1,930,441 2,808,952 Equity attributable to owners of the parent ratio (*) 11.6% 13.9% Cash flows from operating activities 2,243 448,986 46,428 497,657 362,588 860,245 104,784 577,564 117,079 799,427 Cash flows from investing activities -246,062 -1,855,990 -274,449 -2,376,501 -341,687 -2,718,188 -377,737 -359,247 -622,224 -1,359,208 Cash flows from financing activities 874,132 1,536,149 37,041 2,447,322 -87,947 2,359,375 219,309 291,167 440,527 951,003 Depreciation and amortization 103,299 246,640 274,047 623,986 275,918 899,904 255,001 261,182 277,475 793,658 Capital expenditure (acceptance basis) 180,712 352,320 404,569 937,601 307,649 1,245,250 296,011 307,747 376,990 980,748 Retrospective adjustments are made for the figures in FY2013 in accordance with the adoption of IFRIC 21 “Levies.” *EBITDA = net sales - cost of sales - selling, general and administrative expenses + depreciation and amortization *EBITDA margin = EBITDA / net sales *Equity attributable to owners of the parent ratio = equity attributable to owners of the parent / total assets 1 Accounting - 2 Net Sales, EBITDA, Segment Income Unaudited Net sales FY2013 FY2014 (Millions of yen) Q1 Q2 Q3 Q1-3 Q4 Full year Q1 Q2 Q3 Q1-3 Q4 Full year Consolidated 881,069 1,717,543 1,963,091 4,561,703 2,104,948 6,666,651 1,992,216 2,112,148 2,326,803 6,431,167 Mobile Communications 661,918 724,609 817,301 2,203,828 961,690 3,165,518 882,901 1,010,500 1,194,057 3,087,458 Sprint (*) 760,941 923,498 1,684,439 916,592 2,601,031 897,737 885,699 1,026,421 2,809,857 Fixed-line Telecommunications 133,406 136,963 137,056 407,425 140,665 548,090 131,836 132,467 135,714 400,017 Internet 96,198 100,092 101,686 297,976 101,893 399,869 96,858 101,447 105,407 303,712 Others 30,575 34,198 28,620 93,393 31,060 124,453 26,132 29,290 27,923 83,345 Reconciliations -41,028 -39,260 -45,070 -125,358 -46,952 -172,310 -43,248 -47,255 -162,719 -253,222 EBITDA (*) FY2013 FY2014 (Millions of yen) Q1 Q2 Q3 Q1-3 Q4 Full year Q1 Q2 Q3 Q1-3 Q4 Full year Consolidated 354,272 483,827 477,961 1,316,060 462,432 1,778,492 592,058 530,509 487,117 1,609,684 Mobile Communications 264,226 267,826 264,975 797,027 203,802 1,000,829 314,490 300,724 280,346 895,560 Sprint (*) 115,671 120,429 236,100 176,242 412,342 190,326 147,784 123,456 461,566 Fixed-line Telecommunications 43,444 46,526 44,527 134,497 35,882 170,379 40,656 41,617 42,906 125,179 Internet 49,983 51,323 52,311 153,617 50,701 204,318 49,026 48,195 51,330 148,551 Others 2,938 6,493 1,875 11,306 2,286 13,592 3,111 -2,422 -5,547 -4,858 Reconciliations -6,319 -4,012 -6,156 -16,487 -6,481 -22,968 -5,551 -5,389 -5,374 -16,314 Segment income (*) FY2013 FY2014 (Millions of yen) Q1 Q2 Q3 Q1-3 Q4 Full year Q1 Q2 Q3 Q1-3 Q4 Full year Consolidated 250,973 237,187 203,914 692,074 186,514 878,588 337,057 269,327 209,642 816,026 Mobile Communications 180,859 175,598 164,770 521,227 84,618 605,845 207,890 193,745 170,148 571,783 Sprint (*) -18,520 -31,982 -50,502 44,383 -6,119 61,705 15,021 -21,898 54,828 Fixed-line Telecommunications 28,635 31,608 29,125 89,368 18,934 108,302 26,717 26,629 27,975 81,321 Internet 46,762 48,105 48,611 143,478 45,471 188,949 45,483 44,042 46,934 136,459 Others 1,351 4,744 -67 6,028 13 6,041 1,178 -4,432 -7,847 -11,101 Reconciliations -6,634 -4,348 -6,543 -17,525 -6,905 -24,430 -5,916 -5,678 -5,670 -17,264 Retrospective adjustments are made for the figures in FY2013 in accordance with the adoption of IFRIC 21 “Levies.” *The Sprint segment includes the results of Sprint since July 11, 2013. *Income of reportable segments is based on income from operating income, excluding “Gain from remeasurement relating tobusiness combination” and “Other operating income (loss),” as follows: Segment income = (net sales – cost of sales – selling, general and administrative expenses) in each segment *EBITDA of each segment = segment income + depreciation and amortization 2 Accounting - 3 EBITDA Margin, Segment Income Margin Unaudited EBITDA margin (*) FY2013 FY2014 Q1 Q2 Q3 Q1-3 Q4 Full year Q1 Q2 Q3 Q1-3 Q4 Full year Consolidated 40.2% 28.2% 24.3% 28.9% 22.0% 26.7% 29.7% 25.1% 20.9% 25.0% Mobile Communications 39.9% 37.0% 32.4% 36.2% 21.2% 31.6% 35.6% 29.8% 23.5% 29.0% Sprint (*) 15.2% 13.0% 14.0% 19.2% 15.9% 21.2% 16.7% 12.0% 16.4% Fixed-line Telecommunications 32.6% 34.0% 32.5% 33.0% 25.5% 31.1% 30.8% 31.4% 31.6% 31.3% Internet 52.0% 51.3% 51.4% 51.6% 49.8% 51.1% 50.6% 47.5% 48.7% 48.9% Others 9.6% 19.0% 6.6% 12.1% 7.4% 10.9% 11.9% - - - Segment income margin FY2013 FY2014 Q1 Q2 Q3 Q1-3 Q4 Full year Q1 Q2 Q3 Q1-3 Q4 Full year Consolidated 28.5% 13.8% 10.4% 15.2% 8.9% 13.2% 16.9% 12.8% 9.0% 12.7% Mobile Communications 27.3% 24.2% 20.2% 23.7% 8.8% 19.1% 23.5% 19.2% 14.2% 18.5% Sprint (*) - - - 4.8% - 6.9% 1.7% - 2.0% Fixed-line Telecommunications 21.5% 23.1% 21.3% 21.9% 13.5% 19.8% 20.3% 20.1% 20.6% 20.3% Internet 48.6% 48.1% 47.8% 48.2% 44.6% 47.3% 47.0% 43.4% 44.5% 44.9% Others 4.4% 13.9% - 6.5% 0.0% 4.9% 4.5% - - - Retrospective adjustments are made for the figures in FY2013 in accordance with the adoption of IFRIC 21 “Levies.” *EBITDA margin = EBITDA / net sales *The Sprint segment includes the results of Sprint since July 11, 2013.
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