Investor Presentaiton
Summary of FY2020*1
Investment businesses performed robustly, especially at SVF1 & SVF2.
SoftBank
Completed shareholder return and financial improvement committed in ¥4.5T Program.
Robust
Gain on investments totaled ¥7.5T, mainly from SVF1 & SVF2
Group
investment
businesses
-
- SVF1 & SVF2: Coupang, Auto1, etc. were listed in Q4; 9 companies *2 were listed for the full year.
Consolidated net income*³ reached ¥5.0T.
Status of assets
• Equity value of holdings marked at ¥29.8T. Asset diversification progressed
with increased value of SVF1 & SVF2.
¥4.5T program
LTV
-
Equity value of SVF1 & SVF2 increased to ¥7.5T; up to 25% of the portfolio
-
Equity value of Alibaba marked at ¥12.7T; down to 43% of the portfolio
Completed the asset monetization under ¥4.5T Program by Q2; completed
shareholder return and financial improvement
- Shareholder return: ¥2T*4 (amount of shares repurchased from Jun 17, 2020 to May 12, 2021 under the ¥4.5T Program)
- Debt reduction: Reduced debt by a total of ¥1T
Further improvements of LTV and cash position, while maintaining thick
financial cushion
- LTV: 12.4%
- Cash position: ¥2.9T*5
*1 As of March 31, 2021, unless otherwise stated *2 Excludes SPACS *3 Net income attributable to owners of the parent
*4 Amount of share repurchase totaled ¥2.5T, if including ¥500.0B authorized prior to ¥4.5T Program and repurchased from March 16, 2020 to June 15, 2020.
*5 Cash position = cash and cash equivalents + short-term investments recorded as current assets + undrawn commitment line. SBG standalone basis (excluding SB Northstar)
Finance 2View entire presentation