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SoftBank Corp.'s net income FY 2016-2020

The net income of SoftBank Corp. amounted to more than 473 billion Japanese yen in fiscal year 2020. This constituted a growth by almost 11 billion yen compared to the previous fiscal year. SoftBank Corp. is a telecommunication company and one of the main mobile phone operators in Japan. The company is a subsidiary of SoftBank Group Corp.

Net income of SoftBank Corp. from fiscal year 2016 to 2020

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Source

Release date

December 2020

Region

Japan

Survey time period

fiscal years 2016 to 2020; the company's fiscal year ends on March 31 of the stated year

Supplementary notes

Net income attributable to owners of the company.

The company has adopted IFRS 15 from the fiscal year ended March 31, 2019. IFRS 15 has been retrospectively applied to the figures for the fiscal year ended March 31, 2018. In addition, the company adopted IFRS 16 “Leases” starting from the fiscal year ended March 31, 2020. Transactions under common control are accounted for and retroactively consolidated as if such transactions were executed by SoftBank Corp. and its subsidiaries on the later of the acquisition date of the transferred companies by SoftBank Group Corp. or the opening balance sheet date of the comparative period. As a result, the figures for Z Holdings Corporation, which became a subsidiary in June 2019, have been revised retroactively to be consolidated for the fiscal year ended March 31, 2019.

1 Japanese yen equals 0.0097 U.S. dollars or 0.0079 euros as of January 2021.
Values have been rounded.

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