SoftBank Results Presentation Deck

Accounting Treatment for Partial Sale of SBKK Shares and After-tax Cash Proceeds ● • In May and Sep 2020, SBG sold a total of 1.27 bn shares of SBKK held through SBGJ (SoftBank Group Japan Corp.) and received a total of JPY 1.5 tn. ✓ May: 240 mn shares (shareholding ratio: 5.0%) sold for JPY 310.2 bn ✓ Sep: 1.03 bn shares (shareholding ratio: 21.7%) sold for JPY 1,216.7 bn Shareholding ratio after the sales: 40.2%. SBKK continues to be a subsidiary of the Company. (JPY bn) (1) Net proceeds from the sale 1,526.9 (4) Taxes (3) (Equivalent to) Gain on sale (after considering taxes) (2) Consolidated carrying amount of the shares sold * Figures in the graph are the sum of the sales in May and September. 204.0 256.1 932.4 134.4 (5) Accrued cash tax (The amount of taxes expected to cash out) Recognized in P/L (positive impact on net income) Mainly through use of NOL Recognized directly in equity (capital surplus), since the Company will continue to control SBKK after the sale Increase in non-controlling interests (6) After- tax cash SoftBank proceeds ((1)-(5)) 1,322.9 Group Accounting 32

View entire presentation