Dilution Gain from Changes in Equity Interest Accompanied by Issue of New Shares in SOFTBANK INVESTMENT CORPORATION
Mar. 7, 2005
SOFTBANK CORP. (the “Company”) announced on February 23, 2005 new share issues and sale of new shares in SOFTBANK INVESTMENT CORPORATION (Head Office: Minato-ku, Tokyo; Representative: Yoshitaka Kitao).
Today the Company reported estimated dilution gain from changes in equity interest in accordance with determination of issue price and sales price of new shares.
1. Outline of new share issues via public subscription and over-allotment (third-party allotment)
Issue price and sales price
37,387 yen per share
Number of shares to be newly issued
- (1) Number of shares to be newly issued via public subscription
- 1,250,000 shares
- (2) Number of shares to be newly issued through third-party allotment
- up to 187,500 shares (sale by over-allotment)
2. Effect on consolidated financial results
Dilution gain from changes in equity interest is expected to be recognized approximately between 12 and 14 billion yen as the Company’s special profit on a consolidated base in the 4th quarter for the fiscal year ending March 31, 2005.
- *The information is true and accurate at the time of publication.
Price, specification, contact and other information of products and service may be subjected to change. The information contains certain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements.