DOCSLIB.ORG

ANNUAL REPORT 2019 Softbank Group Corp

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
ANNUAL REPORT 2019 Softbank Group Corp ANNUAL REPORT 2019 SoftBank Group Corp. ANNUAL REPORT 2019 Disclaimers to be correct, and actual results, performance or achievements could User Guide materially differ from expectations. Persons viewing this annual report • This annual report provides relevant information about the Group and This PDF has various features to make it easy to use and to search for should not place undue reliance on forward-looking statements. We does not constitute or form any solicitation of investment including any information. It also contains links to external websites to allow you to undertake no obligation to update any of the forward-looking statements offer to buy or subscribe for any securities in any jurisdiction. refer to external information easily. contained in this annual report or any other forward-looking statements • This annual report contains forward-looking statements, beliefs or opinions we may make. Past performance is not an indicator of future results and regarding the Group, such as statements about the Group’s future the results of the Group in this annual report may not be indicative of, and business, future position and results of operations, including estimates, Contents are not an estimate, forecast or projection of our future results. forecasts, targets and plans for the Group. Without limitation, forward- • We do not guarantee the accuracy of information in this report regarding Click to go to the first page of each category. looking statements often include the words such as “targets”, “plans”, companies (including, but not limited to, those in which SoftBank Vision SoftBank Group Corp. “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “will”, Towards the AI Era Essential Information Growth Strategy Management Organization Financial Section Corporate Information Fund has invested) other than the Group which has been quoted from ANNUAL REPORT 2019 006 “may”, “should”, “would”, “could” “anticipates”, “estimates”, “proj- public and other sources. For disclaimers about information regarding ects” or words or terms of similar substance or the negative thereof. Any Table of Contents SoftBank Group Corp. Towards the AI Era Essential Information Growth Strategy Management Organization Financial Section Corporate Information SoftBank Vision Fund and its fund manager, SBIA, see “Disclaimers about Towards the AI Era P.001ANNUAL REPORT 2019 006 forward-looking statements in this annual report are based on the current CEO Message Essential Information P.006 information regarding SoftBank Vision Fund and its fund manager, SBIA” Table of Contents assumptions and beliefs of the Group in light of the information currently P.002 007 Corporate Philosophy Towards the AI Era P.001 008 Transformation of the SoftBank Group (https://cdn.group.softbank/en/corp/set/data/irinfo/financials/annual_re- 014 Consolidated Financial Highlights CEO Message Essential Information P.006 available to it as of the date hereof. Such forward-looking statements do 015 Summary of Segment Information P.002 007 Corporate Philosophy ports/pdf/svf_disclaimer.pdf) on our website. United by a Common Vision 008 Transformation of the SoftBank Group not represent any guarantee by any member of the Group or its manage- 014 ConsolidatedGrowth Financial Highlights Strategy P.016 015 Summary of Segment Information 017 Growth Strategy of the SoftBank Group to Bring HappinessUnited by a toCommon Everyone Vision Growth Strategy — P.016 Cluster of No.1 AI Strategy ment of future performance and involve known and unknown risks, 017 Growth Strategy018 ofInvestment the SoftBank Group Strategy of SoftBank Vision Fund to Bring Happiness to Everyone — Cluster of No.1 AI Strategy 020 SoftBank Vision Fund in Focus Adoption of IFRSs 018 Investment Strategy of SoftBank Vision Fund uncertainties and other factors, including but not limited to: the economic 020 SoftBank Vision025 FundPortfolio in Focus Companies of SoftBank Vision Fund 025 Portfolio Companies026 Arm of SoftBank Business Vision Strategy Fund circumstances surrounding the Group’s business, including general • The Company has prepared the consolidated financial statements in 026 Arm Business Strategy ManagementManagement Organization P.028 Organization P.028 029 Financial Strategy Chairman & CEO, SoftBank Group Corp. 029 Financial Strategy accordance with the International Financial Reporting Standards (IFRS) Chairman & CEO, SoftBank Group Corp. 031 Our Approach to Shareholder Value economic conditions in Japan, the United States and China; fluctuations in Masayoshi Son 031 Our Approach to Shareholder Value Masayoshi Son 032 Corporate Governance 035 Message from032 an ExternalCorporate Board DirectorGovernance foreign exchange rates; unforeseen situations involving key members of from the three-month period ended June 30, 2013 (the first quarter of the Investment Strategy of Arm Business Strategy Financial Strategy 036 Board Directors035 and Message from an External Board Director Audit & Supervisory Board Members SoftBank Vision Fund P.026 P.029 Investment Strategy of Arm Business Strategy Financial Strategy 040 Compliance036 Board Directors and P.018 Audit & Supervisory Board Members the Group management; the Group’s ability to respond to changes in fiscal year ended March 31, 2014). The date of transition to IFRS was April SoftBank Vision Fund P.026 P.029 042 Risk Management 043 Initiatives for040 Sustainability Compliance P.018 042 Risk Management technology and business models; competition and competitive factors; 1, 2012. The financial data for the year ended March 31, 2013 has also Financial Section P.045 046 Graphs: Consolidated043 Initiatives Financial Datafor Sustainability 049 Eleven-year Consolidated Financial Data 051 Management’sFinancial Discussion and Section Analysis of P.045 telecommunications network capacity; dependence on management been presented based on IFRS. Results of Operations and Financial Position 082 Consolidated046 Financial Graphs: Statements Consolidated Financial Data 090 Notes to Consolidated049 Eleven-year Financial Statements Consolidated Financial Data resources of other companies; risks relating to the renewable energy 204 Independent Auditor’s Report 051 Management’s Discussion and Analysis of Corporate InformationResults ofP.205 Operations and Financial Position Board Director, Executive Vice President, SoftBank Group Corp. Board Director, SoftBank Group Corp. Senior Vice President, CFO & CISO, SoftBank Group Corp. Definition of Terms 206 Major Subsidiaries082 andConsolidated Associates Financial Statements business; information leaks and security; service disruptions or decline in CEO, SB Investment Advisers (UK) Limited CEO, Arm Limited (Head of Finance Unit, Head of Administration Unit) Rajeev Misra Simon Segars Yoshimitsu Goto 209 Corporate Data090 Notes to Consolidated Financial Statements 210 Stock Information quality due to human error and other factors; natural disasters, accidents • “Fiscal 2018” refers to the fiscal year ended March 31, 2019, and other 204 Independent Auditor’s Report Corporate Information P.205 Board Director, Executive Vice President, SoftBank Group Corp. Board Director, SoftBank Group Corp. Senior Vice President, CFO & CISO, SoftBank Group Corp. and other unpredictable events; factors affecting our fund procurement 206 Major Subsidiaries and Associates fiscal years are referred to in a corresponding manner in this annual report. CEO, SB Investment Advisers (UK) Limited CEO, Arm Limited (Head of Finance Unit, Head of Administration Unit) Rajeev Misra Simon Segars Yoshimitsu Goto 209 Corporate Data and leasing; factors affecting our investment activities; factors affecting “FYE” denotes the fiscal year-end. For example, “FYE2018” denotes 210 Stock Information SoftBank Vision Fund and Delta Fund; requirements to provide support for March 31, 2019, the last day of fiscal 2018. subsidiaries and others; country risk; changes in law, regulation and legal Guide to Buttons systems; changes in accounting and taxation systems; national security Company Names policy in the U.S. and elsewhere; regulations relating to health risks • Unless specifically stated otherwise, “SBG” refers to SoftBank Group Corp. Go to table of contents associated with electromagnetic waves; issues surrounding intellectual and “the Company” refers to SBG and its subsidiaries. See page 91 for the property; litigation; administrative sanctions and other orders; issues abbreviations of subsidiary and associate company names. related to the proposed merger of Sprint and T-Mobile; and other factors, Go to related page any of which may cause the Group’s actual results, performance, achieve- Regarding Trademarks and Logos ments or financial position to be materially different from any future results, performance, achievements or financial position expressed or • Names of companies, products and services that appear in this annual report Link to external website implied by such forward-looking statements. For more information on are trademarks or registered trademarks of their respective companies. these and other factors which may affect the Group’s results, performance, • This annual report includes logos of third parties which do not belong to achievements, or financial position, see “Risk Factors” starting onpage 75. the Group, and the appearances of such logos in this annual report do not None of the Group nor our management gives any assurances that the indicate any current or future business or other relationships between the expectations expressed in these forward-looking
Load more

Recommended publications
  • BROADBAND PROPERTIES | | July 2008 That Handles Mainly Carrier Ethernet Has Home Architecture for Verizon’S Fios
    Broadband 2 0TOP Properties 0 www.bbpmag.com 8100 This year’s listing shows new emphasis on companies that sell equipment and software for network monitoring, provisioning, and customer service. A BBP Staff Report his year’s Top 100 continues a tive business plans and technology Prysmian – a major fiber and copper ca- trend from last year, with growth configurations. ble vendor worldwide (it was spun out of Tin the number of awardees on the • Helping others deploy networks, by Pirelli) was expanding its fiber business network management side of the busi- supplying key hardware, software, here, selling such products as its blown ness. Most exciting: billing and network design services, construction services fiber and massive fiber ribbon cables. monitoring software that can seamlessly and so forth. But it had been making a bigger FTTx handle the triple play and a whole lot • Introducing innovative technolo- impact in the US only since 2006. It more. This year’s listing also rewards gies, even if the technologies have didn’t make the Top 100 last year, but suppliers of fiber and systems for both not been commercially deployed at was an easy call this time. inside and outside plant – a new class of the time the list is compiled. We’re Corporate form and overall organi- equipment made possible by bend-tol- always on the lookout for technolo- zational size are not important. Non- erant fiber – and developers of entirely gies that change the rules – by re- profit entities such as municipal fiber new PON technologies. ducing early deployment costs, for network operators are eligible.
    [Show full text]
  • Search Seeing Flywheel Effect, but Global Still Needs Momentum
    NAVER (035420 KS ) Search seeing flywheel effect, but global still needs momentum Internet 2Q18 review: Revenue beats consensus, but OP misses; NP boosted by one-off gain Results Comment For 2Q18, NAVER’s revenue came in above the consensus, but operating profit missed. July 27, 2018 Positives: Revenue from the business platform segment (which includes the core search ad business) was stronger than expected, growing 17% YoY and surpassing W600bn for the first time on a quarterly basis. Ad performance improved, due to increased options for a mobile search ad offering , while shopping search ads also contributed to growth. LINE’s ad revenue also jumped 42% YoY. (Maintain) Buy At the parent IT platform and content services segments, revenue grew a robust 74% Target Price (12M, W) 1,000,000 and 27% YoY, respectively. The IT platform segment was helped by NAVER Pay’s increased transaction volume, while the content services segment was supported by traction in webtoons and V LIVE. Meanwhile, net profit was temporarily boosted by a Share Price (07/26/18, W) 751,000 W112.7bn gain from the disposal of subsidiary investments caused by the exclusion of LINE Mobile (a Japan-based MVNO subsidiary) from consolidation, as a result of Expected Return 33% Softbank’s investment. Negatives: The ad segment (which includes display ads) grew a weaker-than-expected OP (18F, Wbn) 1,106 11% YoY. The ad segment bears close watching, as it could be affected by NAVER’s mobile app overhaul planned in 3Q18. Agent/partner commissions and marketing Consensus OP (18F, Wbn) 1,108 expenses were higher than anticipated, mainly due to NAVER Pay.
    [Show full text]
  • US-CHINA TRADE WAR Uneasy Truce
    Xi Jinping and China’s new era Japan Emperor’s enthronement WeWork’s debacle MCI(P) 087/05/2019 November 2019 INDEPENDENT • INSIDER • INSIGHTS ON ASIA Best New Print Product and Best News Brand in Asia-Pacic, International News Media Association (INMA) Global Media Awards 2019 US-CHINA TRADE WAR Uneasy truce A partial trade deal is on the anvil for the world’s two leading superpowers. Will it be the breakthrough for global trade? Or, will hostilities prevail? WE BRING YOU SINGAPORE AND THE WORLD UP TO DATE IN THE KNOW News | Live blog | Mobile pushes Web specials | Newsletters | Microsites WhatsApp | SMS Special Features IN THE LOOP ON THE WATCH Facebook | Twitter | Instagram Videos | FB live | Live streams To subscribe to the free newsletters, go to str.sg/newsletters All newsletters connect you to stories on our straitstimes.com website. Data Digest Airlines’ emissions rising faster than predicted FLYING FREQUENTLY IS DAMAGING THE trajectory, aviation emissions could roughly environment at a rate far higher than estimated, triple by 2050, by which time aviation emissions says a new report by the United Nations’ might account for 25 per cent of the global carbon International Civil Aviation Organisation (ICAO). budget, it adds. Greenhouse gas emissions from commercial Flights within the Asia-Pacific region emitted aviation totalled 918 million tonnes last year, the largest share of passenger transport-related accounting for 2.4 per cent of global CO2 CO2 at 25 per cent of the global total. The leading emissions from fossil fuel use and a 32 per cent countries in this list are China, Japan, India and increase over the past five years.
    [Show full text]
  • Annual Report 2016
    SoftBank Group Corp. ANNUAL REPORT 2016 Corporate Philosophy Information Revolution – Happiness for everyone Vision The corporate group needed most by people around the world SoftBank Group Corp. ANNUAL REPORT 2016 001 A History of Challenges A History of Challenges The view is different when you challenge yourself Continuing to take on new challenges and embrace change without fear. Driving business forward through exhaustive debate. This is the SoftBank Group’s DNA. SoftBank Group Corp. ANNUAL REPORT 2016 002 A History of Challenges Established SoftBank Japan. 1981 Commenced operations as a distributor of packaged software. 1982 Entered the publishing business. Launched Oh! PC and Oh! MZ, monthly magazines introducing PCs and software by manufacturer. 1994 Acquired events division from Ziff Communications Company of the U.S. through SoftBank Holdings Inc. 1996 Acquired Ziff-Davis Publishing Company, U.S. publisher of PC WEEK magazine and provider of leading-edge information on the PC industry. SoftBank Group Corp. ANNUAL REPORT 2016 003 A History of Challenges Established Yahoo Japan through joint investment with Yahoo! Inc. in the U.S. 1996 Began to develop into an Internet company at full scale. Yahoo Japan Net income* 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 FY (Note) Accounting standard: JGAAP up to fiscal 2012; IFRSs from fiscal 2013 onward. * Net income attributable to owners of the parent. SoftBank Group Corp. ANNUAL REPORT 2016 004 A History of Challenges Made full-scale entry into the telecommunications business. 2000s Contributed to faster, more affordable telecommunications services in Japan.
    [Show full text]
  • The Impact of Mobile Mindfulness Meditation on Mental Health and Well-Being in University Students
    The impact of mobile mindfulness meditation on mental health and well-being in university students A thesis submitted in fulfilment of the requirements for the degree of Doctor of Philosophy (Psychology and Psychological Medicine) by Jayde Ana Michelle Flett University of Otago 2019 ii Abstract of a thesis submitted in fulfilment of the requirements for the Degree of Doctor of Philosophy (Psychology and Psychological Medicine) The impact of mobile mindfulness meditation on mental health and well-being in university students by Jayde Ana Michelle Flett Mindfulness meditation is a common psychotherapy informed by Buddhist mindfulness that is gaining traction outside of the clinic. One area that is particularly popular is mobile mindfulness meditation, the use of applications (apps) to deliver mindfulness. Given the relative newness of these apps and the high turnover rate of app technology, few studies have rigorously examined the effectiveness of mindfulness meditation apps for improving mental health. Thus, in a series of pragmatic, randomised, controlled trials, I investigated the effects of mindfulness meditation apps on university students’ mental health. In this thesis I report the effects of Study 1, a randomised, controlled trial examining the effect of app-based mindfulness meditation on mental health and adjustment to college life in a convenience sample of undergraduate psychology students (Study 1). Here, I found that app-based mindfulness was associated with small but significant improvements in a range of mental health and
    [Show full text]
  • Itraxx Japan Series 36 Provisional Membership List September 2021
    iTraxx Japan Series 36 Provisional Membership List September 2021 Copyright © 2021 IHS Markit Ltd T180614 iTraxx Japan Series 36 Provisional Membership List 1 iTraxx Japan Series 36 Provisional Membership List................................. 3 2 iTraxx Japan Series 36 Provisional vs. Series 35.......................................5 3 Further information .....................................................................................6 Copyright © 2021 IHS Markit Ltd | 2 T180614 iTraxx Japan Series 36 Provisional Membership List 1 iTraxx Japan Series 36 Provisional Membership List IHS Markit Ticker IHS Markit Long Name ACOM ACOM CO., LTD. JUSCO AEON CO., LTD. ANAHOL ANA HOLDINGS INC. FUJITS FUJITSU LIMITED HITACH HITACHI, LTD. HNDA HONDA MOTOR CO., LTD. CITOH ITOCHU CORPORATION JAPTOB JAPAN TOBACCO INC. JFEHLD JFE HOLDINGS, INC. KAWHI KAWASAKI HEAVY INDUSTRIES, LTD. KAWKIS KAWASAKI KISEN KAISHA, LTD. KINTGRO KINTETSU GROUP HOLDINGS CO., LTD. KOBSTL KOBE STEEL, LTD. KOMATS KOMATSU LTD. MARUB MARUBENI CORPORATION MITCO MITSUBISHI CORPORATION MITHI MITSUBISHI HEAVY INDUSTRIES, LTD. MITSCO MITSUI & CO., LTD. MITTOA MITSUI CHEMICALS, INC. MITSOL MITSUI O.S.K. LINES, LTD. NECORP NEC CORPORATION NPG-NPI NIPPON PAPER INDUSTRIES CO.,LTD. NIPPSTAA NIPPON STEEL CORPORATION NIPYU NIPPON YUSEN KABUSHIKI KAISHA NSANY NISSAN MOTOR CO., LTD. OJIHOL OJI HOLDINGS CORPORATION ORIX ORIX CORPORATION PC PANASONIC CORPORATION RAKUGRO RAKUTEN GROUP, INC. RICOH RICOH COMPANY, LTD. SHIMIZ SHIMIZU CORPORATION SOFTGRO SOFTBANK GROUP CORP. SONYGRO SONY GROUP CORPORATION Copyright © 2021 IHS Markit Ltd | 3 T180614 iTraxx Japan Series 36 Provisional Membership List SUMICH SUMITOMO CHEMICAL COMPANY, LIMITED SUMI SUMITOMO CORPORATION SUMIRD SUMITOMO REALTY & DEVELOPMENT CO., LTD. TFARMA TAKEDA PHARMACEUTICAL COMPANY LIMITED TOKYOEL TOKYO ELECTRIC POWER COMPANY HOLDINGS, INCORPORATED TOSH TOSHIBA CORPORATION TOYOTA TOYOTA MOTOR CORPORATION Copyright © 2021 IHS Markit Ltd | 4 T180614 iTraxx Japan Series 36 Provisional Membership List 2 iTraxx Japan Series 36 Provisional vs.
    [Show full text]
  • Leading Indonesian Online Marketplace Tokopedia Secures $100 Million Investment from Softbank Internet and Media and Sequoia Capital
    October 22, 2014 PT Tokopedia SoftBank Internet and Media, Inc. Sequoia Capital Leading Indonesian Online Marketplace Tokopedia Secures $100 Million Investment from SoftBank Internet and Media and Sequoia Capital Jakarta, Indonesia, San Carlos, CA, and Menlo Park, CA, October 22, 2014 — PT Tokopedia (“Tokopedia”), an online marketplace leader in Indonesia, SoftBank Internet and Media, Inc. (“SIMI”) and Sequoia Capital today announced a definitive agreement between SoftBank Corp. (“SoftBank”) and Tokopedia, among others, under which SIMI is expected to lead a financing round of approximately $100 million, with participation from Sequoia Capital and existing shareholder SB Pan Asia Fund. With this round of funding, SIMI and Sequoia Capital representatives will join the company’s board of directors. Founded in 2009, Tokopedia has grown rapidly to become Indonesia’s leading online marketplace. With this new capital, Tokopedia will focus on customer acquisition, hiring, and other initiatives to further strengthen its position as the No. 1 marketplace destination in Indonesia. By partnering with Tokopedia, SoftBank aims to further build its presence towards becoming the No. 1 Internet company in Asia and accelerate business growth by leveraging synergies with its other group Internet companies. William Tanuwijaya, CEO of Tokopedia said, “I’m very excited to welcome SIMI and Sequoia Capital as our new shareholders. I look forward to learning from them and taking Tokopedia to the next level. With this new round, Tokopedia will have enough resources to form the best team, develop world class technology to help our merchants and bring the best commerce experience to our users. We will always prioritize our users, and focus on making our users more successful.
    [Show full text]
  • C T B I Fi Corporate Briefing
    CtBifiCorporate Briefing 平成 25 年 4 月 25 日 06/2014 ITmedia Inc. Copyright © 2014 ITmedia Inc. ITmedia -AT A GLANCE The laagrgest on-line media comppyany in Jap an EtblihdiEstablished in Lis te d on TSE SftbkSoftbank group 1999 Mothers in 2007 company Copyright © 2014 ITmedia Inc. P 1 ITmedia -AT A GLANCE with Numbers Paid Capital Sites ¥1.64B 30+ Clients Number of Employees Monthly Readers 600+ 175 20MUB Annual Sales Editorial Sales 80 65 Monthly Traffic ¥2.9B Professional contributors PV 500+ 100M Copyright © 2014 ITmedia Inc. P 2 ITmedia -Our Strengths Professional Editors Strong Consulting Sales And its network Unique add-value services such as Dominance of IT market Lead Generation and Smart Media Copyright © 2014 ITmedia Inc. P 3 ITmedia -Our Future specialized information media figure of specialist information through magazines media in Internet era model in 1980s to 90s - model of ITmedia - •Professional industrial •Professional industrial websites Magazines C •Free browse/ membership-based r •Subscriptions eation content •Magazine advertisement publi •Internet advertising business business model s o hing ECO f new Energy Management Businesses Electronics Businesses Computers Entertainment m Interne odel IT Architectur Medical/ Engineers Real estate Lifestyle e/ design biotech Job t offers Copyright © 2014 ITmedia Inc. P 4 ITmedia -Our Media and Services ＩＴ総合情報ポータル 「ITmedia」 Consumer ＩＴ II ndustry Market Electronics, Mechanics Others And Manufacturing Industries Copyright © 2014 ITmedia Inc. P 5 ITmedia -Our contents Providing electricity
    [Show full text]
  • Softbank Corp. Annual Report 2019 Softbank Corp
    SoftBank Corp. Annual Report 2019 SoftBank Corp. We don’t just dream. We make things happen. We’re going beyond just being a carrier — we’re transforming into a visionary platformer. We don’t just dream up things. We take the world’s advanced ideas, and turn them into reality with our drive to make things happen. We do this so tomorrow’s people will be the happiest in human history. SoftBank Corp. ANNUAL REPORT 2019 1 Introducing Our First Annual Report SoftBank Group Corporate Philosophy Ken Miyauchi President & CEO Information Revolution SoftBank Corp. — Happiness for Everyone In December 2018, SoftBank Corp. (the “Company” or “SoftBank”) of this technological evolution, SoftBank has expanded its business listed its shares on the First Section of the Tokyo Stock Exchange. scale in step with society’s growth. The second is our ability to grow I would like to begin by expressing my sincere gratitude to our businesses. We have expanded our business operations by bringing shareholders, investors, and other stakeholders for their support together and regenerating companies in crisis, including JAPAN to date. TELECOM CO., LTD., Vodafone K.K., WILLCOM, Inc., and eAccess Ltd. The third is our ability to overcome adverse environments. In its role as a strategic holding company, our parent company Sometimes, we have faced headwinds, but we have always taken SoftBank Group Corp. (“SoftBank Group”). is accelerating the pace on adverse situations directly, focused on self-improvement, and of global investment in accordance with the Cluster of No. 1 AI thereby achieved further growth. Strategy. Meanwhile, as the primary operating company in Japan With a view to communicating our growth strategy and related and with the telecommunications business at its core, SoftBank is initiatives more clearly, we have issued our first annual report, Since our founding, the SoftBank Group has sought to use the engaging in a wide range of businesses.
    [Show full text]
  • Earnings Results for the Interim Period Ended Spetember 30, 2007
    Earnings Results for the Interim Period Ended September 30, 2007 November 6, 2007 SOFTBANK CORP. March 12, 2010 Version Due to protection of rights, some of the photos and images included at the time of publication have been modified or revised. <Highlights> 1. Consolidated earnings results: H1 operating income increased by 49% (YoY) H1 net income: 3.2 times (YoY) 2. Success in mobile operations: 1.14 million of net subscriber additions in H1 3. Becoming No.1 Internet company in Asia: IPO of Alibaba + Yahoo! JAPAN 2 H1/FY2007 Summary of Consolidated Earnings Results <bn JPY> <Interim> H1/FY07 H1/FY06 YoY (Apr 07 – Sep) (Apr 06 – Sep) Net Sales 1,364.7 1,120.1 +244.5 EBITDA 314.2 228.4 +85.8 Operating income 167.7 112.5 +55.1 Ordinary income 111.1 62.6 +48.4 Income before income taxes and 122.9 118.8 +4.0 minority interests Net income 46.4 14.4 +32.0 Note: Operating results of SOFTBANK MOBILE Corp. (formerly Vodafone K.K.) are included beginning in May 2006 3 H1/FY2007 Highlights <k> Interim Net Additions 1,140 1,030 1,000 960 960 +1.05 million YoY 500 320 97 0 FY06 FY07 FY06 FY07FY06 FY07 H1 H1 H1 SBM NTT DoCoMo KDDI 4 H1/FY2007 Highlights <bn JPY> Interim Operating Income 180 167.7 160 140 112.5 120 Increased by 100 49% YoY 80 60 40 20 0 H1/FY06 H1/FY07 5 H1/FY2007 Highlights <%> Interim Operating Income YoY Movement 50% 49% SOFTBANK Increased by 9% KDDI 49%YoY 0% -21% NTT DoCoMo -50% H1/FY06 H1/FY07 6 Consolidated Net Sales (interim) 1,364.7 <bn JPY> 1,120.1 1,000 H1/FY2007 1,364.7bn JPY 522.7 500 IncreasedIncreased byby 2222％％ YoYYoY 0 H1/FY05 H1/FY06 H1/FY07 Note: Operating results of SOFTBANK MOBILE Corp.
    [Show full text]
  • Press Release Contains Forward-Looking Statements Based on the Current Expectations of Searchlight Capital Partners, LP, Forgelight LLC and Grupo Televisa, S.A.B
    New Independent Directors Named to Univision Board World-Class U.S. Hispanic Business Leaders to Join Univision’s Newly Constituted Board as Independent Directors MIAMI, NEW YORK & MEXICO CITY – November 11, 2020 – Searchlight Capital Partners, LP (“Searchlight”), a global private investment firm and ForgeLight LLC (“ForgeLight”), an operating and investment company focused on the media and consumer technology sectors, and Grupo Televisa SAB (“Televisa”), a leading media company in the Spanish-speaking world, today announced the appointment of independent members to a reconstituted Board of Directors for Univision Holdings, Inc. (“Univision”), the leading U.S. Hispanic media company. The new Board will take effect upon the close of the previously announced acquisition of a majority ownership interest in Univision, expected to take place by the end of this year. The independent directors consist of four leading U.S. Hispanic business leaders who collectively possess a deep understanding of Univision’s U.S. Spanish-speaking audiences and the communities the company serves, backed by substantial financial and operational expertise across a variety of sectors. This new Board, after closing, will help oversee Univision’s strategy as it builds on recent content and programming momentum, expands its portfolio of advertising products, substantially enhances its digital presence, and features best-in-class content through its continued partnership with Televisa. The new directors include: • Marcelo Claure, Chief Executive Officer of Softbank Group International and Chief Operating Officer of SoftBank Group Corp; • Oscar Munoz, Executive Chairman of United Airlines Holdings, Inc.; • María Cristina “MC” González Noguera, Senior Vice President of Global Public Affairs for The Estée Lauder Companies; and • Gisel Ruiz, a 26-year veteran of Walmart Inc., having served most recently as Chief Operating Officer of Sam’s Club.
    [Show full text]
  • Owner Operated Companies July 12, 2021
    OUR VIEWS ON ECONOMIC AND OTHER EVENTS AND THEIR EXPECTED IMPACT ON INVESTMENTS JULY 12, 2021 The views of the Portfolio Management Team contained in this report are as of July 12, 2021 and this report is not intended to provide legal, accounting, tax or specific investment advice. Views, portfolio holdings and allocations may have changed subsequent to this date. This research and information, including any opinion, is compiled from various sources believed to be reliable but it cannot be guaranteed to be current, accurate or complete. It is for information only, and is subject to change without notice. The contents of this Newsletter reflect the different assumptions, views and analytical methods of the analysts who prepared them. OWNER OPERATED COMPANIES the end of 2021. Clearco has hired two new executives to lead product and technology development in the last two months, including Katrina SoftBank Group Shackelford, a former director of product at Amazon.com Inc. Clearco Corp. (“SoftBank”) is part of a growing list of Canadian tech companies that have achieved - A SoftBank unicorn status this year. In the first quarter, Canadian companies raised Group Corp. fund is leading $2.5 billion in venture capital funding, according to KPMG. a US$215 million investment SoftBank - SoftBank Group Corp. plans to invest an additional US$5 in Clear Finance Technology billion in Latin American companies, according to people familiar with Corp a Canadian growth capital the matter. The board is close to approving the new capital allocation, start-up that provides money which would double its commitment to the region to $10 billion, one of to small online businesses.
    [Show full text]