SoftBank Technology Corp.
We would like to inform you of the following matters regarding our controlling shareholders, etc.
Please note that there was a recent change in the parent company after the last day of the fiscal year, so the status as of the most recent date is stated.
1. Trade names, etc. of the parent company, controlling shareholder (excluding the parent company), or other affiliated companies
(As of April 24, 2017)
| name | attribute | Percentage of voting rights held | The issued stock certificate is listed Financial instruments exchanges, etc. |
||
|---|---|---|---|---|---|
| direct ownership | Amount to be added up | total | |||
| SoftBank Group Corp. | Parent company | － | 54.6% (Indirect holding) |
54.6% | Tokyo Securities Co., Ltd. First section of the exchange market |
| SoftBank Group International LLC | Parent company | 54.6% | － | 54.6% | － |
2. Among the parent companies, the name of the company deemed to have the greatest influence on the listed company and the reason thereof
| name | reason |
|---|---|
| SoftBank Group Corp. | The company is in a position to exercise ultimate influence through its intermediate holding company, SoftBank Group International LLC, and is a highly capitalized company that can determine the direction of the corporate group. |
3． Position of a listed company within the corporate group of the parent company, etc. and other relationships between the listed company and the parent company, etc.
The corporate group (hereinafter referred to as "SoftBank Group") centered on SoftBank Group Corp. (hereinafter referred to as "SBG"), our parent company, operates domestic telecommunications business, Sprint business, Yahoo business, distribution business, Arm business, etc. , is engaged in various businesses in the information industry. As the core company of SoftBank Group 's ICT services business, our company operates digital marketing services, platform solution services, and cloud system services.
As mentioned above, SBG and SoftBank Group International LLC are parent companies that own 54.6% of our voting rights, and are in a position to influence our business decisions through the exercise of their rights as majority shareholders. We believe that a certain degree of independence is ensured, as we are responsible for business operations based on our own decision-making and are responsible for business development.
In addition, for the purpose of strengthening the audit system, etc., as of the submission date, the general manager of SBG's related business department has been appointed as an auditor of the Company. The concurrent positions of officers are as follows.
| post | Name Title | Main positions at the parent company, etc. or its group companies | Reason for appointment |
|---|---|---|---|
| Audit & Supervisory Board Member | Ippei Mimura | SoftBank Group Corp. Related Business Office Manager SoftBank Corp. Finance Management Office Related Business Office Manager Vector Co., Ltd. Director Audit & Supervisory Board Member, Cyginia Co., Ltd. |
Requested by our company for appointment to strengthen information exchange and audit system, etc. |
Four. Matters related to transactions with controlling shareholders, etc.
Not applicable.
Five. Status of implementation of measures to protect minority shareholders when conducting transactions with the parent company
Our sales dependence on our parent company is low, and like other business partners, we determine selling prices by taking into account the cost of the project, selling, general and administrative expenses, appropriate profits, market trends, etc. Furthermore, the calculation and determination of price conditions are the same as with other business partners.
■The PDF of this release can be downloaded from the link below.
Click here for the PDF
Contact information for inquiries from media regarding this matter
○ SoftBank Technology Corp. Corporate Planning Division Corporate Planning Department
Email: sbt-ir@tech.softbank.co.jp
