TIDM56ID

RNS Number : 5508L

Softbank Corp

02 August 2011

Partial Correction of Consolidated Financial Reports for the Three-month Period Ended June 30, 2011 and for the Fiscal Year Ended March 31, 2011

Aug 2, 2011

SOFTBANK CORP. (hereafter "the Company") announces that it has made the following corrections in its Consolidated Financial Report for the three-month period ended June 30, 2011 and Consolidated Financial Report for the fiscal year ended March 31, 2011, which were disclosed on July 28, 2011 and May 9, 2011, respectively.

Corrections are underlined.

Please refer to the following Company's website for the corrected Consolidated Financial Reports. http://www.softbank.co.jp/en/irinfo/library/financial_report/index.html

Corrected Items

I Consolidated Financial Report for the three-month period ended June 30, 2011

1. Qualitative Information Regarding the Three-month Period Results

(1) Qualitative Information Regarding Consolidated Results of Operations

(Reference 1: Principal Operational Data)

(a) Mobile Communications

<Before revision>

 
 SoftBank mobile phones 
------------------------------  ------------------------------------------------- 
                                                                           Fiscal 
                                                                            Year 
                                                                           Ending 
                                                                           March 
                                                                            31, 
                     Fiscal Year Ended March 31, 2011                       2012 
==============  ------------------------------------------  --------------------- 
                                                    Full 
                  Q1      Q2      Q3       Q4        Year             Q1 
==============  ------  ------  ------  --------  --------  ===================== 
  (Thousands) 
      Net 
  additions(1)   696.6   901.0   925.7   1,008.1   3,532.1                  700.0 
--------------  ------  ------  ------  --------  --------  --------------------- 
  (Postpaid)     645.3   833.6   865.4     975.3   3,319.6                  667.5 
   (Prepaid)      51.3    67.4    60.3      33.5     212.5                   32.5 
--------------  ------  ------  ------  --------  --------  --------------------- 
    Market 
    share(2) 
      (%)         45.4    53.5    55.8      40.0      48.0                   40.9 
--------------  ------  ------  ------  --------  --------  --------------------- 
 

<After revision>

 
 SoftBank mobile phones 
------------------------------  ------------------------------------------------- 
                                                                           Fiscal 
                                                                            Year 
                                                                           Ending 
                                                                           March 
                                                                            31, 
                     Fiscal Year Ended March 31, 2011                       2012 
==============  ------------------------------------------  --------------------- 
                                                    Full 
                  Q1      Q2      Q3       Q4        Year             Q1 
==============  ------  ------  ------  --------  --------  ===================== 
  (Thousands) 
      Net 
  additions(1)   696.6   901.0   925.7   1,008.8   3,532.1                  730.0 
--------------  ------  ------  ------  --------  --------  --------------------- 
  (Postpaid)     645.3   833.6   865.4     975.3   3,319.6                  697.5 
   (Prepaid)      51.3    67.4    60.3      33.5     212.5                   32.5 
--------------  ------  ------  ------  --------  --------  --------------------- 
    Market 
    share(2) 
      (%)         45.4    53.5    55.8      40.8      48.0                   42.7 
--------------  ------  ------  ------  --------  --------  --------------------- 
 

II Consolidated Financial Report for the fiscal year ended March 31, 2011

1. Results of Operations

(1) Analysis of Consolidated Results of Operations

(Reference 1: Principal Operational Data)

(a) Mobile Communications

<Before revision>

 
 SoftBank mobile phones 
---------------------------------------------------  ---------------------------------------------------- 
                         Fiscal Year Ended March 31,                          Fiscal Year Ended March 31, 
                                     2010                                                 2011 
--------------  ---------------------------------------------  ------------------------------------------ 
                                                       Full                                        Full 
                   Q1       Q2       Q3       Q4        Year     Q1      Q2      Q3       Q4        Year 
--------------  =======  =======  =======  ========  ========  ======  ======  ======  ========  ======== 
                                                                                              (Thousands) 
--------------------------------------------------------------------------------------------------------- 
      Net 
  additions(1)    323.3    360.7    350.3     209.4   1,243.7   696.6   901.0   925.7   1,008.8   3,532.1 
--------------  -------  -------  -------  --------  --------  ------  ------  ------  --------  -------- 
  (Postpaid)      359.5    394.9    383.3     506.8   1,644.5   645.3   833.6   865.4     975.3   3,319.6 
   (Prepaid)     (36.2)   (34.2)   (33.0)   (297.4)   (400.8)    51.3    67.4    60.3      33.5     212.5 
--------------  -------  -------  -------  --------  --------  ------  ------  ------  --------  -------- 
    Market 
    share(2) 
      (%)          32.3     31.5     35.6      13.4      26.5    45.4    53.5    55.8      40.0      48.0 
--------------  -------  -------  -------  --------  --------  ------  ------  ------  --------  -------- 
 

<After revision>

 
 SoftBank mobile phones 
---------------------------------------------------  ---------------------------------------------------- 
                         Fiscal Year Ended March 31,                          Fiscal Year Ended March 31, 
                                     2010                                                 2011 
--------------  ---------------------------------------------  ------------------------------------------ 
                                                       Full                                        Full 
                   Q1       Q2       Q3       Q4        Year     Q1      Q2      Q3       Q4        Year 
--------------  =======  =======  =======  ========  ========  ======  ======  ======  ========  ======== 
                                                                                              (Thousands) 
--------------------------------------------------------------------------------------------------------- 
      Net 
  additions(1)    323.3    360.7    350.3     209.4   1,243.7   696.6   901.0   925.7   1,008.8   3,532.1 
--------------  -------  -------  -------  --------  --------  ------  ------  ------  --------  -------- 
  (Postpaid)      359.5    394.9    383.3     506.8   1,644.5   645.3   833.6   865.4     975.3   3,319.6 
   (Prepaid)     (36.2)   (34.2)   (33.0)   (297.4)   (400.8)    51.3    67.4    60.3      33.5     212.5 
--------------  -------  -------  -------  --------  --------  ------  ------  ------  --------  -------- 
    Market 
    share(2) 
      (%)          32.3     31.5     35.6      13.4      26.5    45.4    53.5    55.8      40.8      48.0 
--------------  -------  -------  -------  --------  --------  ------  ------  ------  --------  -------- 
 

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The company news service from the London Stock Exchange

END

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