SoftBank Results Presentation Deck
Calculation of Equity Value of Holdings as of Jun 30, 2023
$1
= ¥144.99
(¥T)
¥16.9T
(adjusted)
Deutsche
Telekom
0.2
¥23.8T
(unadjusted)
Prepaid Forward
Contracts, etc
5.2
Margin Loans, etc. 1.7
SBKK 2.4
SVF1 3.0
SVF2 4.0
LatAm Funds 0.9
T-Mobile 1.2
Arm 3.7
Others 1.4
Jun 2023
Equity value of holdings Equity value of holdings
(adjusted)
(unadjusted)
•¥0.02T-
¥2.4T
¥3.0T =
¥4.0T
¥0.9T =
¥1.2T =
•¥0.2T
=
=
¥4.3T
¥3.0T
¥3.0T
¥4.0T
¥0.9T
¥1.6T
¥0.7T
355M
shares held*1
¥4.9T
1,915M
shares held
X
Equivalent asset
value of each fund
X
225M
shares held
Fair value
Share price
$83.35*1
Share price
¥1,540
Performance fees
accrued, etc.
X
X
43M
Share price Contingent
shares held *2* $138.90
+ consider-
ration *3
SBG's
interest
Share price
€19.976
SBG's
interest
=SoftBank
Adjustment for
asset-backed finance
Prepaid forward
contracts, etc.
¥4.3T
Margin loans, etc.
¥0.6T
d' w '▬ ▬ ▬ min
Collar
contracts
¥0.4T
BO▬▬▬▬▬▬▬
Collar
transactions
¥0.5T
Asset-backed finance
¥3.7T =
(Note) See Appendix "LTV Calculation: SBG Stand-alone Equity Value of Holdings" and "LTV Calculation: SBG Stand-alone Net Debt" for details of each calculation.
*1 The number of Alibaba ADSS equivalent to the number of shares held by SBG and the ADS price
*2 Includes the number of shares subject to call options held by Deutsche Telekom
*3 Fair value of the right of SBG and its subsidiary to acquire T-Mobile shares under certain conditions
Group
¥1.2T
Finance 32View entire presentation