SoftBank Corp. announced that it decided a candidate for the position of member of the Board. The selection is subject to the approval of the 33rd Annual General Meeting of Shareholders to be held on June 21, 2013. The director to be appointed is Manabu Miyasaka effective June 21, 2013 and director to resign is Sunil Bharti Mittal effective June 21, 2013.

SOFTBANK CORP. announced that its Board of Directors resolved on May 20, 2013 to submit a request for approval for "Partial Changes in the Articles of Incorporation" to the 33rd Annual General Meeting of Shareholders of the company scheduled to be held on June 21, 2013.

SOFTBANK CORP. reported consolidated and non consolidated earnings results for the fiscal year ended March 31, 2013. For the year, the company’s reported on consolidated base net sales were ¥3,378,365 million compared to ¥3,202,435 million in the same period last year. Operating income was ¥745,000 million compared to ¥675,283 million in the same period last year. Income before income taxes and minority interests totaled ¥650,494 million compared to ¥632,256 million in the same period last year. Income before minority interests was ¥363,319 million compared to ¥377,543 million in the same period last year. Net income was ¥289,403 million compared to ¥313,752 million in the same period last year. Net income per diluted share was ¥254.12 compared to ¥278.75 in the same period last year. Return on equity was 23.1% compared to 40.3% in the same period last year. Cash Net cash provided by operating activities totaled ¥894,459 million compared to ¥740,227 million in the same period last year. Total capital expenditure was ¥516,375 million compared to ¥785224 million in the same period last year. Outlays for purchase of property and equipment, and intangibles amounted to ¥548,602 million. Purchase of marketable and investment securities was ¥368,511 million compared to ¥33,323 in the same period last year. The main factor was capital expenditures in the telecommunications-related businesses. The company’s reported for the year on non consolidated base net sales were ¥46,020 million compared to ¥43,700 million in the same period last year. Operating income was ¥31,553 million compared to ¥30,026 million in the same period last year. Net income was ¥75,999 million compared to ¥25,339 million in the same period last year. Net income per diluted share was ¥66.86 compared to ¥22.89 in the same period last year. Cash flow from operating activities was ¥894,459 million compared to ¥740,227 million in the same period last year. The Company has adopted the International Financial Reporting Standards (IFRS) in place of the Japanese-GAAP standards from the fiscal year ending March 31, 2014 (transition date: April 1, 2012). Under IFRS the Company is projecting consolidated operating income from its domestic business of at least ¥1 trillion in the fiscal year ending March 31, 2014. This includes an expected gain of approximately ¥150.0 billion resulting from the re-evaluation of the existing interests held in GungHo Online Entertainment Inc. at fair value as GungHo Online Entertainment Inc., which was an affiliate under the equity method, became a consolidated subsidiary on April 1, 2013.