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Regarding matters regarding controlling shareholders, etc.


SoftBank Technology Corp.

We would like to inform you of the following matters regarding our controlling shareholders, etc.

1. Trade names, etc. of the parent company, controlling shareholder (excluding the parent company), or other affiliated companies

(As of March 31, 2019)

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 54.1%
(Indirect holding)
54.1% Tokyo Securities Co., Ltd.
First section of the exchange market
SoftBank Group Japan Corp. Parent company 54.1%
(Indirect holding)
54.1%
SoftBank Corp. Parent company 54.1% 54.1% Tokyo Securities Co., Ltd.
First section of the exchange market

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 Corp. This is because it is a core company in Japan within the corporate group centered on SoftBank Group, and a company that has a direct impact on the Company.


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.
SoftBank Group operates "SoftBank Business," "Sprint Business," "Yahoo Business," "Arm Business," "SoftBank Vision Fund and Delta Fund Business," and "Brightstar Business," among which "SoftBank Business" SoftBank operates a domestic telecommunications business. Additionally, SBGJ is an intermediate holding company. Our company is part of a corporate group centered on SoftBank, and operates an ICT services business mainly for domestic corporations and government offices, with strengths in technological fields such as cloud, security, and big data.

As mentioned above, SoftBank Group, SBGJ, and SoftBank are parent companies that own 54.1% of the voting rights of the Company, and are in a position to influence the management decisions of the Company through the exercise of their rights as majority shareholders. However, in developing our business, we assume management responsibility and manage our business based on our own decision-making, and we believe that a certain degree of independence is ensured.

In addition, in order to solicit opinions from outside the company and increase the effectiveness of audits, one executive officer of SoftBank has been appointed as an auditor of the Company. The status of concurrent positions of officers is as follows.

post Name Title Main positions at the parent company, etc. or its group companies Reason for appointment
Audit & Supervisory Board Member Takashi Naito Executive Officer SoftBank Corp. Head of Finance, General Manager, Finance and Accounting Division, and Head of Listing Business Promotion Office, Head of Finance
Auditor of SB Players Co., Ltd.
Requested by our company for appointment to exchange information and strengthen monitoring functions, etc.

Four. Matters related to transactions with controlling shareholders, etc.
There are no applicable matters regarding transactions with SoftBank Group and SBGJ during the current consolidated fiscal year. The details and amount of the transaction with SoftBank are as follows.

Current consolidated fiscal year (from April 1, 2018 to March 31, 2019)

kinds Company name or name location Capital or investment
(One million yen)
Business content or occupation Percentage of voting rights held (%)
Parent company SoftBank Corp. Minato Ward, Tokyo 204,309 Provision of mobile communication services, sales of mobile devices, provision of fixed communication services, provision of Internet connection services 54.1
Relationship with related parties Transaction details Transaction amount
(One million yen)
Subject Ending balance
(One million yen)
Sale of products, outsourcing, and purchase of communication services Product sales, system development, technical support, etc. 5,272 accounts receivable 1,911

Five. Status of implementation of measures to protect minority shareholders when conducting transactions with controlling shareholders, etc.
As with other business partners, the Company determines selling prices for transactions with its parent company, taking into consideration factors such as the cost of the transaction, selling, general and administrative expenses, appropriate profits, and market trends. 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