FilingReader Intelligence

Softbank Group subsidiary declares significant dividend, boosting parent's results

July 4, 2025 at 07:09 AM UTCBy FilingReader AI

Softbank Group Corp. (TSE:9984) announced that SoftBank Group Japan Corporation has declared a dividend from surplus totaling JPY 623,897 million, effective July 7, 2025. This dividend will directly impact Softbank Group Corp's non-consolidated financial results, with the company expecting to record JPY 623.9 billion as operating revenue under relationship with affiliated company in its fiscal year ending March 2026. While the dividend will significantly bolster Softbank Group Corp's standalone results, it will not affect the company's consolidated financial statements, as dividends from subsidiaries are eliminated as intercompany transactions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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