SoftBank Results Presentation Deck
Price Sensitivity of Derivatives at SB Northstar (FY20-end)
The below table shows the impact on income before income tax of changes in the market prices of the underlying assets from March 31,
2021 of options, total return swap contracts, and forward contracts related to listed stocks at SB Northstar, assuming all other variables
remain unchanged.
(JPY bn)
Long call option of listed
stocks in asset management
subsidiaries
Short call option of listed
stocks in asset management
subsidiaries
Total return swap contracts
related to listed stocks
in asset management
subsidiaries
Forward contracts related to
listed stocks
in asset management
subsidiaries
Fair value at the end of
the period (minuses
indicate liabilities)
176.6
-9.3
1.7
4.4
Assumption of change
in market price
30% increase
10% increase
10% decrease
30% decrease
30% increase
10% increase
10% decrease
30% decrease
30% increase
10% increase
10% decrease
30% decrease
30% increase
10% increase
10% decrease
30% decrease
Estimated fair value
after factoring in
assumptions
(minuses indicate
liabilities)
525.4
275.4
104.4
27.1
-60.2
-20.5
-3.3
-0.1
86.3
29.9
-26.6
-83.0
8.2
5.6
3.1
0.6
Impact on income
before income tax
348.7
98.8
-72.2
-149.5
-50.9
-11.2
5.9
9.1
84.7
28.2
SoftBank
-28.2
-84.7
3.8
1.3
-1.3
-3.8
Notional principal
Group
1,482.0
-297.9
280.6
8.3
Accounting 9View entire presentation