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SOFTBANK CORP.

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Press Releases 2005

SOFTBANK announces the sale of its shares held in U.S. Morningstar, Inc.

Apr. 8, 2005

SOFTBANK CORP. (the “Company”) announces that its wholly-owned subsidiary, SOFTBANK FINANCE CORPORATION (head office: Minato Ward, Tokyo, representative: Yoshitaka Kitao) sold its all shares held in U.S. Morningstar, Inc.

1. Outline of sale

(1) Shares for sale 7,528,860 common shares held in U.S. Morningstar, Inc.
(2) Sale price 9.4 billion yen

2. Effect on consolidated financial results

Gain on sale of investment securities would be recognized approximately 3.8 billion yen on a consolidated basis in the 1st quarter for the fiscal year ending March 31, 2006.

  • *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.