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General

SoftBank announces dividend from subsidiary

Friday 24 February 2017 | 02:58 CET | News
SoftBank Group has announced that its subsidiary SoftBank Group Capital APAC has resolved its dividend of surplus. The total dividend amount is JPY 132.6 billion, and the payable date was 23 February. On the dividends payable date, SoftBank Group expects to record JPY 132.6 billion of dividends received as non-operating income on its non-consolidated financial statements for the fiscal year ending March 2017. This dividend will not impact SoftBank Group's income before income tax on its consolidated financial statements, as dividends received from a subsidiary are eliminated as inter-company

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Categories: General
Companies: Softbank
Countries: Asia
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