SoftBank Results Presentation Deck slide image

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 6
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