Recognition of Gain on Sale of Investment Securities in Non-Consolidated Financial Results Following Completion of Settlement of Alibaba Prepaid Forward Contracts
SoftBank Group Corp. (“SBG”) announced today that it will record a gain on sale of investment securities of JPY 527.6 billion as extraordinary income in its non-consolidated financial results for the fiscal year ending March 31, 2025, as a result of the settlement of certain intra-group transactions (collectively referred to as the “Intra-group Transactions,” comprising the Intra-group Share Loan Agreement and the Intra-group Prepaid Forward Contracts, as defined below) between SBG and Panther I 2021 Holdings Limited and Panther II 2021 Holdings Limited (collectively referred to as “Panther”), both wholly owned subsidiaries, related to the prepaid forward contracts using shares of Alibaba Group Holding Limited (“Alibaba”).