SoftBank Results Presentation Deck
Key Financial Activities in FY2023 Q1
Resuming offensive investments while adhering to financial policy
NAV.LTV
Financing
activities
Investment
activities
NAV of ¥15.5T: +¥1.4T QOQ
LTV of 8.0%: -3.0pp QoQ
Net debt of ¥1.4T: -¥0.3T QOQ
Cash position of ¥5.8T*¹: +¥0.7T QOQ
Refinanced USD hybrid bonds. Fully monetized Alibaba shares
Replacement of USD hybrid bonds*2
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Funding: Domestic hybrid bonds and hybrid loan (Total: ¥275.1B)
Redemption: USD hybrid bonds $2.0B (approx. ¥259.7B) (July 2023)
Approx. ¥121.3B*³ redemption of senior bonds at maturity
$4.4B of Alibaba asset-backed finance (approx. ¥605.6B)
Resuming investments from SVF2 and SBG/Others
Invested $1.8B in Q1 (approx. ¥241.6B)*4
Sale of SB Energy (85% of ownership): ¥102.0B*5
Additional investment in Symbotic and establishment of JV (July 2023)
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SoftBank
*3 For foreign-currency notes, the contracted swap foreign exchange rate is applied.
*4 Invested amounts from SBG and its major wholly owned subsidiaries. Converted to JPY by using average exchange rate of FY2023 Q1.
*5 Sale price.
Group
*1 Cash and cash equivalents + short term investments recorded as current assets + undrawn commitment line. ¥702.6B undrawn commitment as of Jun 30, 2023. SBG stand-alone basis (excl. SB Northstar;
however, its including cash and cash equivalents)
*2 Replacement of USD Perpetual Hybrid NC6 Notes .Refinance of domestic hybrid bond (¥15.4B) which will reach early redemption in Sep 2023 has also been completed.
Finance 5View entire presentation