Changes in Ownership Interests and Cash Flows Following the Listing of SoftBank Corp.
First written in FY2018. 6 of 7 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2023-Q3.
No other company in this theme has enough history to compare yet.
- FY2023-Q3MaterialisedAnnual report
「As of the end of the third quarter, the carrying amount of Alibaba shares held was ¥4,148,632 million (US$31,263 million).」
Changes in the composition of holdings and cash flow after the listing continued, and following Alibaba's exclusion from equity-method affiliates, the shares held were recorded as investment securities. - FY2023-Q1MaterialisedAnnual report
「Following the additional sale, the Company owned 39,771,809 T-Mobile shares.」
Changes in the composition of holdings and cash flow after SoftBank Corp.'s listing continued, and the additional sale of 21.2 million T-Mobile shares reduced the number of shares held to 39,771,809. - FY2022-Q2MaterialisedAnnual report
「The carrying amount decreased by ¥603.2 billion from the end of the previous fiscal year due to sales, including sales to Deutsche Telekom. Deutsche Telekom shares were received as consideration for the sale of T-Mobile shares; their carrying amount at the end of the second quarter was ¥507.7 billion.」
The partial sale of T-Mobile shares and receipt of Deutsche Telekom shares resulted in actual changes in the composition of post-listing holdings and progress in cash realization. - FY2021-Q2MaterialisedAnnual report
「Because the decline in voting rights resulting from the sale of shares on 26 June 2020 eliminated our significant influence over T-Mobile, T-Mobile was excluded from our equity-method affiliates effective on the same date.」
The partial sale of T-Mobile shares resulted in T-Mobile being excluded from equity-method affiliates, and the ¥1,286.1 billion in shares held after the sale was recorded as investment securities. Changes in the post-listing ownership and cash flow structure became more concrete. - FY2021-Q1MaterialisedAnnual report
「As a result, our ownership interest in SoftBank Corp. declined from 67.1% to 62.1%.」
As part of the ¥4.5 trillion program, 5.0% of SoftBank Corp. shares were sold, further reducing the post-listing ownership interest and generating cash. - FY2019-Q3MaterialisedAnnual report
「As a result, our indirect ownership interest in SoftBank Corp. declined from 99.99% to 66.49%.」
The offering of SoftBank Corp. shares in connection with its listing resulted in actual changes in the Group's ownership interest, cash flow and capital structure. - FY2018First statedAnnual report
「Although proceeds from the sale of the company's shares are expected, the SoftBank Group's ownership interest in the company after its listing and the company's dividend policy are expected to affect fluctuations in the Group's cash flow and may consequently affect the creditworthiness of SoftBank Group Corp.」
Following SoftBank Corp.'s listing, the potential effects of sale proceeds, ownership interest and dividend policy on the Group's cash flow and creditworthiness were disclosed as new risks.