Introduction of Co-Investment and Preferred Equity with Restricted Dividend Rights in SVF2
First written in FY2022-Q1. 1 of 10 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2026-H1.
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- FY2026-H1Payments Remain Outstanding; Receivables IncreaseAnnual report
「As of the end of the interim period, MgmtCo had not paid its contribution.」
Under SVF2’s co-investment program, MgmtCo’s payment remained outstanding, and SVF2 LLC’s receivables amounted to ¥459,838 million. Receivables increased from ¥429,099 million at the end of the previous period, and the security arrangements, including guarantees and collateral provided by Masayoshi Son (孫正義氏), were also disclosed. - FY2025-H1Payments Remain Outstanding; Receivables DeclineAnnual report
「As of 30 September 2024, the Company had recognized receivables from external investors in SVF2 and the LatAm Fund.」
Under SVF2’s co-investment program, MgmtCo’s contribution remained unpaid, and SVF2 LLC’s receivables amounted to ¥429,099 million. - FY2024-Q3Payments Remain Outstanding; Receivables DeclineAnnual report
「As of the end of the third quarter, MgmtCo had not paid its contribution.」
Under SVF2’s co-investment with restricted dividend rights, MgmtCo’s payment remained outstanding, but SVF2 LLC’s receivables fell to ¥417,609 million from ¥437,318 million at the end of the previous quarter. - FY2024-Q2Payments Remain Outstanding; Receivables IncreaseAnnual report
「As of the end of the second quarter, MgmtCo had not paid its contribution.」
Under SVF2’s co-investment program, MgmtCo’s payment remained outstanding, and SVF2 LLC’s receivables amounted to ¥437,318 million. - FY2024-Q1Payments Remain Outstanding; Receivables IncreaseAnnual report
「As of the end of the first quarter, MgmtCo had not paid its contribution.」
Under SVF2’s co-investment program, MgmtCo’s contribution remained unpaid, and SVF2 LLC’s receivables amounted to ¥420,883 million. - FY2023-Q3Payments Remain Outstanding; Receivables DeclineAnnual report
「As of the end of the third quarter, MgmtCo had not paid its contribution.」
Under SVF2’s co-investment program, payments remained outstanding, but SVF2 LLC’s receivables balance fell from ¥411,424 million at the end of the previous quarter to ¥379,778 million. - FY2023-Q2Payments Remain Outstanding; Receivables IncreaseAnnual report
「As of the end of the second quarter, MgmtCo had not paid its contribution.」
Under SVF2’s co-investment program, MgmtCo’s contribution remained unpaid, and SVF2 LLC’s receivables balance reached ¥411,424 million ($2.841 billion). - FY2023-Q1Contributions Unpaid; Receivables RecognizedAnnual report
「As of the end of the first quarter, MgmtCo had not paid its contribution.」
Under SVF2’s co-investment with restricted dividend rights, MgmtCo’s equity interest was recognized at ¥93,244 million, while ¥385,483 million in contributions, adjustments and other items was recorded as a receivable. It was explicitly stated that payment had not been made as of the end of the quarter. - FY2022-Q3AdvancedAnnual report
「As of 31 December 2021, MgmtCo’s contribution amounted to $2.6 billion, while the amount including contribution-related adjustments and other items was $2.9 billion.」
SVF2’s co-investment program with restricted dividend rights progressed to the implementation stage, together with details of the contribution structure. The equity interests in SVF2 LLC were 82.75% for the Company and 17.25% for MgmtCo, and the Company issued $19.6 billion of preferred equity carrying fixed distributions at an annual rate of 8%. - FY2022-Q1First statedAnnual report
「In July 2021, the Company established SVF2 LLC under SVF2. The Company’s equity interest in SVF2 LLC, through SoftBank Vision Fund II-2 L.P. and its subsidiaries, is 82.75%, while MgmtCo holds 17.25%, with MgmtCo’s contribution amounting to a maximum of $2.6 billion. In addition, the Company receives fixed distributions calculated at an annual rate of 8% on the amount of preferred equity contributed by the Company.」
A plan was presented to introduce co-investment with a company controlled by Masayoshi Son (孫正義氏) for SVF2, establishing a structure under which both investment gains and loss risks would be shared. The total SVF2 contribution commitment of $40 billion would be maintained, with up to $2.6 billion expected to be transferred from the Company’s portion to the co-investment portion.