Monetization of Alibaba Shares through Sales and Forward Contracts
First written in FY2017-Q1. 15 of 24 entries say "Advanced", first in FY2017-Q2. Latest entry: FY2026-H1.
1 other company's latest entry also says "Achieved".
- FY2026-H1AchievedAnnual report
「As a result, settlement of all forward sale and purchase agreements using Alibaba shares was completed.」
All forward sale and purchase agreements using Alibaba shares were settled in kind, bringing the series of agreements under this monetization transaction to an end. - FY2025-H1AdvancedAnnual report
「During the interim accounting period, following in-kind settlement of part of the forward sale and purchase agreements using the company's shares, recognition at the time of settlement of ¥762,805 million (US$4.98 billion) was discontinued.」
Some forward sale and purchase agreements using Alibaba shares were settled in kind, and recognition of ¥964,550 million in financial liabilities under the share forward contracts, among other items, was discontinued. - FY2024-Q3AdvancedAnnual report
「During the third quarter, following in-kind settlement of part of the forward sale and purchase agreements using Alibaba shares, recognition of financial liabilities under the share forward contracts totaling ¥180,882 million (US$1.25 billion) was discontinued.」
As part of the monetization of Alibaba shares, some forward sale and purchase agreements were settled in kind, and recognition of financial liabilities under the share forward contracts equivalent to US$1.25 billion was discontinued. - FY2024-Q2AdvancedAnnual report
「US$4.39 billion raised through forward sale and purchase agreements using Alibaba shares」
The company continued to monetize Alibaba shares through forward sale and purchase agreements, raising US$4.39 billion during the first 6 months. - FY2024-Q1AdvancedAnnual report
「US$4.39 billion raised through forward sale and purchase agreements using Alibaba shares」
The company continued to monetize Alibaba shares through forward sale and purchase agreements, raising US$4.39 billion during the first quarter. - FY2023-Q3AdvancedAnnual report
「US$24.42 billion raised during the first 9 months through forward sale and purchase agreements using Alibaba shares」
Cumulative monetization through forward sale and purchase agreements for Alibaba shares expanded to US$24.42 billion, while some agreements were also settled early in kind. - FY2023-Q2AdvancedAnnual report
「US$18.35 billion raised during the first 6 months through forward sale and purchase agreements using Alibaba shares」
The company continued to monetize Alibaba shares through forward sale and purchase agreements, raising US$18.35 billion during the period. Meanwhile, some agreements were settled early in kind, with a portion of the shares held delivered. - FY2023-Q1AdvancedAnnual report
「US$4.39 billion raised through forward sale and purchase agreements using Alibaba shares」
As part of the monetization of Alibaba shares, the company raised US$10.49 billion through forward contracts during the first quarter, and some agreements were also settled in kind through delivery of Alibaba shares. - FY2022-Q3AdvancedAnnual report
「During the third quarter, some of the forward sale and purchase agreements were settled in kind through delivery of Alibaba shares. The company also entered into forward contracts and raised US$2.21 billion.」
While settling part of the forward sale and purchase agreements for Alibaba shares through delivery of the shares, the company raised US$2.21 billion through new forward contracts. Settlement of existing agreements and new monetization transactions proceeded in parallel. - FY2022-Q1AdvancedAnnual report
「During the first quarter, in addition to issuing ¥405.0 billion of domestic hybrid bonds, the company raised US$3.0 billion through forward sale and purchase agreements using Alibaba shares and US$1.88 billion through borrowings secured by Alibaba shares (margin loans).」
As part of the monetization of Alibaba shares, some existing collar contracts were terminated early and repaid for US$2.86 billion, while new forward sale and purchase agreements for US$3.0 billion and margin loans for US$1.88 billion were executed. - FY2021-Q3AdvancedAnnual report
「From April through August 2020, West Raptor Holdings 2, LLC, Skybridge LLC, Skylark 2020 Holdings Limited, Scout 2020 Holdings Limited and Tigress 2020 Holdings Limited, all wholly owned subsidiaries of SoftBank Group Corp., entered into multiple forward sale and purchase agreements with financial institutions using the Alibaba shares they held, raising a total of US$15.4 billion.」
Monetization through forward sale and purchase agreements for Alibaba shares reached a total of US$15.4 billion, while the caps and floors under the agreements were reviewed and some agreements were changed to collar contracts. - FY2021-Q2AdvancedAnnual report
「From April through August 2020, West Raptor Holdings 2, LLC, Skybridge LLC, Skylark 2020 Holdings Limited, Scout 2020 Holdings Limited and Tigress 2020 Holdings Limited, all wholly owned subsidiaries of SoftBank Group Corp., entered into multiple forward sale and purchase agreements with financial institutions using the Alibaba shares they held, raising a total of US$15.4 billion.」
The monetization of Alibaba shares expanded to multiple forward sale and purchase agreements, raising a total of US$15.4 billion from April through August 2020. - FY2021-Q1AdvancedAnnual report
「From April through June 2020, West Raptor Holdings 2, LLC, Skybridge LLC and Skylark 2020 Holdings Limited, all wholly owned subsidiaries of SoftBank Group Corp., entered into multiple forward sale and purchase agreements with financial institutions using the Alibaba shares they held, raising a total of US$13.7 billion.」
As part of the monetization of Alibaba shares, the company raised US$13.7 billion through multiple forward sale and purchase agreements and a further US$900 million in July. Meanwhile, existing secured borrowings of US$9.44 billion were repaid. - FY2020-Q3AdvancedAnnual report
「Our wholly owned subsidiary, West Raptor Holdings, LLC, entered into a forward sale and purchase agreement for Alibaba shares in November 2019 and raised ¥179,145 million.」
After settlement of the previous forward sale and purchase agreement for Alibaba shares, the company raised the equivalent of US$1.65 billion under a new forward sale and purchase agreement. - FY2019AchievedAnnual report
「The forward sale and purchase agreement was settled in Alibaba shares on 3 June 2019.」
The forward sale and purchase agreement using Alibaba shares was settled through delivery of the shares, completing one stage of the monetization transaction. - FY2019-Q3AdvancedAnnual report
「Repayment in January 2019 of a portion of borrowings (US$4.37 billion) secured by Alibaba shares held by the wholly owned subsidiary Skywalk Finance G.K.」
While maintaining the structure of using Alibaba shares to raise funds, the company repaid part of the secured borrowings using the proceeds from the listing of SoftBank Corp. - FY2019-Q2Valuation loss reverses to gainAnnual report
「As Alibaba's share price declined from the end of the previous fiscal year, a derivative-related gain of ¥141,386 million was recognized on the collar transaction included in the forward sale and purchase agreement for the shares.」
The collar transaction under the forward sale and purchase agreement for Alibaba shares swung from a loss of ¥508,421 million in the same period of the previous year to a gain of ¥141,386 million. Meanwhile, as settlement of the contract became due within 1 year, the related liability was reclassified as a current liability. - FY2019-Q1Quarterly valuation losses narrowAnnual report
「A derivative-related loss of ¥21,371 million was recognized.」
The derivative loss on the collar transaction included in the forward sale and purchase agreement for Alibaba shares narrowed from ¥259,677 million in the same period of the previous year to ¥21,371 million. - FY2018Full-year valuation losses expandAnnual report
「Derivative-related profit or loss was a loss of ¥630,190 million. This primarily reflected a derivative-related loss of ¥604,156 million on the collar transaction included in the forward sale and purchase agreement for Alibaba shares.」
The derivative-related loss on the collar transaction included in the forward sale and purchase agreement for Alibaba shares totaled ¥604,156 million for the full year, and the valuation loss expanded. - FY2018-Q3Cumulative valuation losses continueAnnual report
「Derivative-related profit or loss was a loss of ¥485,198 million (compared with a loss of ¥95,875 million in the same period of the previous year). This primarily reflected a derivative-related loss of ¥510,278 million on the collar transaction included in the forward sale and purchase agreement for Alibaba shares.」
The derivative-related loss on the collar transaction included in the forward sale and purchase agreement for Alibaba shares totaled ¥510,278 million for the 9-month period, with valuation losses continuing. - FY2018-Q2Cumulative valuation losses expandAnnual report
「Derivative-related profit or loss was a loss of ¥504,681 million (compared with a loss of ¥170,058 million in the same period of the previous year). This primarily reflected a derivative-related loss of ¥508,421 million on the collar transaction included in the forward sale and purchase agreement for Alibaba shares.」
The derivative-related loss on the collar transaction included in the forward sale and purchase agreement for Alibaba shares totaled ¥508,421 million on a first-half cumulative basis. - FY2018-Q1Recognition of a valuation loss on the forward contractAnnual report
「Derivative-related profit or loss was a loss of ¥257,059 million (compared with a gain of ¥21,511 million in the same period of the previous year). This primarily reflected a derivative-related loss of ¥259,677 million on the collar transaction included in the forward sale and purchase agreement for Alibaba shares.」
A substantial derivative-related loss was recognized on the collar transaction included in the forward sale and purchase agreement for Alibaba shares, due to quarterly changes in fair value. - FY2017-Q2AdvancedAnnual report
「On 13 June 2016, we sold a portion of our Alibaba shares to Alibaba, Gamlight Pte Ltd, a wholly owned subsidiary of GIC Private Limited, and Aranda Investments Pte. Ltd., a wholly owned subsidiary of Temasek Holdings Private Limited, and on 11 July 2016 sold shares to Alibaba's partner group.」
A portion of the Alibaba shares was sold for US$3.4 billion, and a gain on the sale of shares in an affiliated company of ¥234,418 million was recognized. The US$5.4 billion received upfront under the forward sale and purchase agreement remained outstanding. - FY2017-Q1First statedAnnual report
「As part of a financing transaction to monetize a portion of our holdings of Alibaba shares, our subsidiary West Raptor Holdings, LLC (hereinafter, "WRH LLC") entered into a forward sale and purchase agreement on 10 June 2016 with a newly established Mandatory Exchangeable Trust (hereinafter, the "Trust") for the sale of Alibaba shares to the Trust, and received ¥578,436 million (US$5.4 billion) in advance against the sale proceeds.」
In addition to receiving US$3.0 billion from the sale of a portion of its Alibaba shares, the company received US$5.4 billion upfront under a forward sale and purchase agreement, using its holdings to raise funds. Settlement of the forward contract was expected on or after 1 June 2019.