SoftBank Results Presentation Deck
Partial Sale of T-Mobile Shares and Evaluation at FY20-end
The Company sold (1) and (2) below in FY20Q1 and received JPY 1,830.4 bn. With additional sales of (3) and (4) in Q2,
the Company received JPY 2,099.7 bn in aggregate for FY20Q1-Q2.
Before sale
(1) Public offering
(2) Private offering
(3) Sale to Marcelo Claure
(4) Rights offering
Subtotal
(5) Call options received by
Deutsche Telekom
(6) Shares held by the
Company excluding (5)
(7) Contingent consideration
Total if (7) is acquired
Number
of
shares
(mil)
305
-154
-19
-5
-20
106
-101
5
+49
54
Share-
holding
ratio *1
24.7%
-12.5%
-1.6%
-0.4%
-1.6%
8.6%
-8.2%
0.4%
Total
amount of Date of
sale
sale
(USD mil)
15,877
1,667
515
2,034
Jun 26
Jul 16
Aug 3
(not for sale)
Gain relating to
sales of T-Mobile shares
Closing price on Jun 26: USD 105.20 / share
Opening price on Jul 16: USD 104.50 / share
Opening price on Aug 3: USD 107.98 / share
Gain (loss)
on sale
280.3
-3.1
Revaluation
of shares
held
P/L (FY20) (JPY bn)
296.0
Derivative
gain (loss)
3.0
(derecognized
the derivative
liabilities)
-154.5
Evaluation at FY20-end
(Change for the period
from Jun 26 to FY20-end)
Closing price on Mar 31:
USD 125.29 / share
FX on Mar 31: JPY 110.71 / USD
Valuation gain
219.6
Derivative
gain (loss)
-36.8
264.4
Change from
Apr 1 to FY20-end
JPY 421.8 bn in total
*1 Shareholding ratio of T-Mobile's outstanding shares as of Apr 1, 2020.
* On July 30, 2020, SBG's wholly-owned subsidiary borrowed USD 4.38 bn (margin loan) using the T-Mobile shares held by SBG's wholly-owned subsidiary.
SoftBank
FY20-end
B/S
Group
(Assets)
Shares of (5) (6): Recorded JPY
1.47 tn under "investment securities"
(7): Recorded JPY 460.7 bn
under "derivative financial assets"
JPY 196.3 bn recorded on Apr 1 + JPY
264.4 bn for change in the fair value to
FY20-end
(Liabilities)
(5): Recorded JPY 204.8 bn under
"derivative financial liabilities"
JPY -154.5 bn for derivative loss at time of
sale on Jun 26 + JPY -42.0 bn for change
in the fair value to FY20-end + FX effect
Accounting 6View entire presentation