SoftBank Financial Performance and Response Initiatives

OYO Hotels Japan: Average Occupancy 100% 80% 60% 40% 20% 42% 0% Before OYO After OYO brand brand 1st month 84% Average occupancy 80%+ 3 months after OYO brand (Source) Provided by OYO Hotels Japan (Note) Sample: c 400 rooms opened in May 2019 Before OYO brand: occupation rate before reformed as OYO brand 2nd month 3rd month 4th month After OYO brand: average occupancy from May to August 2019 after open with OYO brand 62

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