Consolidated financial report for the six-month period ended September 30, 2024

Consolidated financial report for the six-month period ended September 30, 2024

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@financepresentations
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6 days ago 95

Consolidated financial report for the six-month period ended September 30, 2024

@financepresentations6 days ago

1. Financial Highlights (Millions of yen; amounts are rounded to the nearest million yen)
(Percent…
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As of September 30, 2024: 1,469,995,230 shares
As of March 31, 2024: 1,469,995,230 shares
As of S…
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1. Results of Operations ..........................................................................…
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Company names/Abbreviations Definition
SoftBank Group Corp. or SBG SoftBank Group Corp. (stand-alo…
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1. Results highlights
◆ ¥2,651.0 billion investment gain (¥963.6 billion loss for the same period …
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3. Refinance of bonds and execution of loan financings
◆ Domestic straight bonds
The Company issu…
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(Millions of yen)
Six months ended September 30
2023 2024 Change Change %
Net sales 3,227,060 3,…
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C Gain on Investments at SoftBank Vision Funds
Investment gain of ¥599,778 million was recorded at…
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from subsidiaries and foreign currency-denominated senior notes, that exceeded their U.S. dollar-de…
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J Income Taxes
Operating companies such as SoftBank Corp. and LY Corporation recorded income tax e…
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Segments Main businesses Core companies
Reportable segments
Investment Business 
of Holding 
Co…
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1. Investment gain of ¥2,116.8 billion was recorded at Investment Business of Holding Companies due…
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(Millions of yen)
Six months ended September 30
2023 2024 Change Change %
Gain (loss) on investm…
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(Millions of yen)
September 30, 2024
Cash and cash equivalents 499,225
Investments from asset ma…
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(Millions of yen)
Equivalent amount of cash investments by Masayoshi Son in Delaware subsidiaries …
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(As of September 30, 2024; in billions of U.S. dollars)
Since Inception The Fiscal Year*5
Investm…
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SVF1 SVF2 LatAm Funds
Primary limited
partnership
SoftBank Vision Fund L.P. SoftBank Vision Fund…
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(Millions of yen)
Six months ended September 30
2023 2024 Change Change %
Gain on investments at…
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(Billions of U.S. dollars)
Investments made during the fiscal year Disposals3
 made during the fi…
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(Billions of U.S. dollars)
Cumulative
number of
investments
Cumulative
investment
cost
Cumul…
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(Billions of U.S. dollars)
Cumulative
number of
investments
Cumulative
investment
cost
Cumul…
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(Billions of U.S. dollars)
Total The Company Third-party investors
Committed capital (A) 98.6 33.…
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For a complete list of portfolio companies and historical quarterly results of SVF1, SVF2, and LatA…
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Segment income increased by 4.8% YoY, driven by sustained profit growth in the media & EC, consumer…
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Arm’s business continues to benefit from technology companies increasing investments in AI. Arm 
r…
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For more information on Arm’s U.S. GAAP-based financial results and business operations, please ref…
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1. Status of investment assets
◆ Carrying amount of investments from SVF (FVTPL)*1 decreased by ¥9…
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(Millions of yen)
March 31, 2024 September 30, 2024 Change
Cash and cash equivalents 6,186,874 4,…
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Components Main reasons for changes from the previous fiscal year-end
Non-current assets
D Proper…
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(Millions of yen)
March 31, 2024 September 30, 2024 Change
 Investment Business of Holding
 Comp…
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(Millions of yen)
March 31, 2024 September 30, 2024 Change
Interest-bearing debt 8,271,143 8,935,…
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(Millions of yen)
March 31, 2024 September 30, 2024 Change
 Investment Business of Holding
 Comp…
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Components Details
Investment Business of Holding Companies segment
SBG
A Borrowings The Company…
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(Millions of yen)
March 31, 2024 September 30, 2024 Change
Common stock 238,772 238,772 -
Capita…
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1. Cash flows from operating activities
Outlays for income taxes: ¥196.2 billion, income tax refun…
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(Millions of yen)
Six months ended September 30
2023 2024 Change
Cash flows from operating activ…
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Components Primary details
Payments (net) for acquisition of 
control over subsidiaries
¥(187,91…
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Components Primary details
Repayment of interest-bearing debt (total of A through C below)
¥(2,57…
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1 Interest expenses of SBG include interest expenses of its wholly owned subsidiaries conducting fu…
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(Millions of yen)
As of
March 31, 2024
As of
September 30, 2024
Assets
Current assets
Cash a…
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(Millions of yen)
As of
March 31, 2024
As of
September 30, 2024
Liabilities and equity
Curren…
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(Millions of yen)
Six-month period ended
September 30, 2023
Six-month period ended
September 30…
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(Millions of yen)
Six-month period ended
September 30, 2023
Six-month period ended
September 30…
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(Millions of yen)
Three-month period ended
September 30, 2023
Three-month period ended
Septembe…
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(Millions of yen)
Three-month period ended
September 30, 2023
Three-month period ended
Septembe…
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(Millions of yen)
Equity attributable to owners of the parent
Common 
stock
Capital 
surplus
…
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(Millions of yen)
Noncontrolling 
interests Total equity
As of April 1, 2023 1,619,366 10,649,2…
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(Millions of yen)
Equity attributable to owners of the parent
Common 
stock
Capital 
surplus
…
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(Millions of yen)
Noncontrolling 
interests Total equity
As of April 1, 2024 2,075,044 13,237,1…
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(Millions of yen)
Six-month period ended
September 30, 2023
Six-month period ended
September 30…
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(Millions of yen)
Six-month period ended
September 30, 2023
Six-month period ended
September 30…
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Company names / Abbreviations Definition
SoftBank Group Corp. SoftBank Group Corp. (stand-alone ba…
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(6) Significant Doubt about Going Concern Assumption
There are no applicable items.
(7) Notes to …
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owned subsidiaries of the Company in the UK. SVF1 and SVF2 make investment decisions through each 
…
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subsidiaries to SVF1, SVF2, or LatAm Funds were accounted for using the equity method prior to the …
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consolidated statement of cash flows. No cash contributions into SVF2 and LatAm Funds from Third-Pa…
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3. Segment information
(1) Description of reportable segments
The Company’s reportable segments a…
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(2) Net sales and income of reportable segments
Income of reportable segments is defined as “Incom…
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(Millions of yen)
Reportable segments
Investment Business
of Holding Companies
SoftBank Vision
…
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(Millions of yen)
Reportable segments
Investment Business
of Holding Companies
SoftBank Vision
…
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(Millions of yen)
Reportable segments
Investment Business
of Holding Companies
SoftBank Vision
…
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(Millions of yen)
Reportable segments
Investment Business
of Holding Companies
SoftBank Vision
…
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(Millions of yen)
Six-month period ended 
September 30, 2023
Six-month period ended 
September …
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Notes:
1. The amount of realized gain and loss on investments is the exit price net of the investm…
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(2) Third-party interests in SVF
a. Terms and conditions of contribution from/ distribution to SVF…
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(Millions of yen)
(For reference purposes only)
Links with the condensed interim 
consolidated f…
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(Millions of yen)
Receivables from Third-Party
Investor in SVF2
As of April 1, 2024 448,931
Inc…
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(Millions of yen)
Receivables from Third-Party
Investor in LatAm Funds
As of April 1, 2024 105,2…
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investment performance for certain periods specified in the constitutional agreement, according to …
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5. Disposal group classified as held for sale
For certain prepaid forward contracts using Alibaba …
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(2) Transactions for sale of Alibaba shares by prepaid forward contracts
Wholly-owned subsidiaries…
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(Millions of yen)
Six-month period ended 
September 30, 2023
Six-month period ended 
September …
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(Millions of yen)
As of
March 31, 2024
As of
September 30, 2024
Carrying amount
(fair value)
…
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(Yen)
As of
March 31, 2024
As of
September 30, 2024
USD 151.41 142.73
(Yen)
Three-month peri…
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(Thousands of shares)
Six-month period ended 
September 30, 2023
Six-month period ended 
Septem…
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(Millions of yen)
Six-month period ended 
September 30, 2023
Six-month period ended 
September …
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(2) Gain and loss on investments at SoftBank Vision Funds
The details of gain and loss on investme…
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(Millions of yen)
Six-month period ended 
September 30, 2023
Six-month period ended 
September …
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Six-month period ended 
September 30, 2023
Six-month period ended 
September 30, 2024
Net incom…
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Three-month period ended 
September 30, 2023
Three-month period ended 
September 30, 2024
Net i…
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15. Supplemental information to the condensed interim consolidated statement of cash flows
(1) Pay…
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Name of the 
company or 
individual
Nature of 
relationship Nature of transaction
For the six-…
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interests for the period from the Company’s contribution to SVF2 until June 30, 2021.
MgmtCo is en…
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Name of the 
company or 
individual
Nature of 
relationship Nature of transaction
For the six-…
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MgmtCo is entitled to make full or partial payment of its Equity Acquisition Amount at any point in…
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Name of the 
company or 
individual
Nature of 
relationship Nature of transaction
For the six-…
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Consolidated financial report for the six-month period ended September 30, 2024

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