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Change of Corporate Name of a Consolidated Subsidiary

Jan. 10, 2007

SOFTBANK CORP. announces that change of the corporate name of its wholly-owned subsidiary, SOFTBANK Broadmedia Corporation (head office: Minato-ku, Tokyo; Representative: Ken Miyauchi) was resolved at the board meeting of SOFTBANK Broadmedia Corporation and approved at the shareholders?meeting today as stated below.

1.New corporate name	SBBM Corporation
2.Date of change	January 10, 2007
3.Reason of change	To change the corporate name associated with the SOFTBANK Group’s business strategy