
Status of Investments and Investment Recovery (FY 2009)
During fiscal 2009, the SOFTBANK Group purchased additional shares of JAPAN TELECOMINVOICE CO., LTD.*1, making the company a 100% subsidiary, to further strengthen sales of OTOKU Line. The Group also took an equity stake in Oak Pacific Interactive, operator of Xiaonei, one of the largest SNS in China, and jointly established Alibaba.com Japan Co., Ltd., by means of a capital increase, to cooperatively develop businesses with Alibaba Group Holding Limited.
Status of investments and investment recovery made during fiscal 2009 were as follows:
Status of Investments*2
| Amount of investment |
56.5 billion yen |
| Number of companies invested in |
74 (of which public companies 5, non-public companies 69) |
[Notes]
- *1 The company name of JAPAN TELECOMINVOICE CO., LTD. was changed to SOFTBANK TELECOM PARTNERS Corp. on July 1, 2008.
- *2 Total of new investments and additional investments.
By Region
| Region |
Investment Amount |
Number of Companies |
| Japan |
35.5 billion yen |
33 |
| U.S. |
2.6 billion |
6 |
| Asia |
13.7 billion |
24 |
| |
of which, China |
12.5 billion |
9 |
| of which, Korea |
0.6 billion |
11 |
| Europe |
0.2 billion |
1 |
| Others |
4.5 billion |
10 |
| Total |
56.5 billion yen |
74 |
Investment Recovery Status
| Amount recovered (market value) |
15.3 billion yen |
| Amount recovered (book value) |
13.0 billion |
| Gain/loss at time of recovery |
2.2 billion |
Information on Major Investments (As of the end of March 2009)
(Billions of yen)
| Company Name |
Amount of Investment |
Proceeds from Sale |
Market Value of the SOFTBANK Group's Portion |
Proceeds from Sale + Market Value of the SOFTBANK Group's Portion |
Return |
| Yahoo Japan Corporation |
7.7 |
79.0 |
632.6 |
711.6 |
92.42× |
| Yahoo! Inc. |
54.7 |
235.8 |
65.4 |
301.2 |
5.51× |
| SOFTBANK TECHNOLOGY CORP. |
3.3 |
84.0 |
3.2 |
87.2 |
26.42× |
| UTStarcom, Inc. |
21.5 |
59.6 |
1.1 |
60.7 |
2.82× |
| GungHo Online Entertainment, Inc. |
4.1 |
- |
4.9 |
4.9 |
1.20× |
| Vector Inc. |
1.1 |
- |
0.8 |
0.8 |
0.73× |
| ITmedia Inc. |
1.6 |
- |
0.8 |
0.8 |
0.50× |
| Carview Corporation |
2.0 |
1.0 |
1.1 |
2.1 |
1.05× |
| Total |
96.0 |
459.4 |
709.9 |
1,169.3 |
12.18× |
[Notes]
- 1Investments made by affiliates are not included.
- 2Cross-holdings in non-Internet-related companies and other policy-based shareholdings are not included in the aggregations of monetary amounts and
number of companies.
- 3In determining the number of companies, multiple Group investments in the same company have been eliminated.
- 4Companies that carried out mandatory valuation write-downs are not included in the aggregation.
- 5The portfolios of funds in which SOFTBANK CORP. (including its subsidiaries) invests are included in the aggregated fi gures (including indirect holdings).
- 6Investment amounts and recovery amounts from sales are calculated by multiplying by SOFTBANK CORP.'s portion of economic interest in the investing company.
- 7Investment amounts and recovery amounts from sales are converted at the average exchange rate for the period from April 2008 through March 2009.
- * The content of this page is based on information included in the “Annual Report 2009”.