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Technology Stocks : Webhire (HIRE) - Enters the Softbank Web

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To: Gutterball who wrote ()7/22/1999 1:53:00 AM
From: Gutterball   of 41
 
Softbank - FACTBOX-Key data on Softbank, Internet ventures TOKYO,
July 21 (Reuters) - Following is a table of some key financial data
relating to Softbank Corp, which is fast expanding its online empire
by actively pursuing joint ventures.

SOURCES: Softbank, Reuters.
(Consolidated, in billions of yen unless specified)
Year to March 1999 Year to March 1998
Sales 528.16 513.36
Operating 12.13 27.89
Current loss 15.45 prft 24.27
Net 37.54 10.30
EPS 365.38 yen 100.77 yen
Diluted EPS 342.11 yen 95.29 yen
Dividend/shr 20.00 yen 40.00 yen
Shares issued 105 million 102 million
ROE 14.23 pct 4.32 pct
Market capital 3.37 trillion (July 21, 1999)

Following is a list of recent Internet-related project announcements
involving Softbank:

July 15 - Announcement of sale of California-based memory module
maker Kingston Technology, at a loss of about 47 billion yen, in a
move to limit its majority position in non-Internet companies.

July 9 - A deal to acquire 20 percent of U.S. investment information
service firm Morningstar for $91 million to strengthen its Internet-
based services.

July 8 - Announcement of sale of part of its shareholdings in anti-
virus software maker Trend Micro , raising some 70 billion yen.

July 5 - Softbank's Internet-based auction house Onsale Japan KK and
Japanese used-car trader Gulliver International agree to sell used cars via the Internet.

July 2 - Softbank says to investment $100 million in OptiMark
Technologies Inc., which runs an electronic system that matches stock
trades.

July 1 - Softbank and News Corp's Internet firm announce joint
venture to provide a platform for U.S.-based Internet companies to
launch services in Britain, Australia, New Zealand and India.
Softbank struck a similar deal with France's Vivendi to help U.S.
firms to expand into continental Europe.

June 24 - Creation of E*Advisor Co Ltd, a joint venture to offer
financial advice to individual investors over the Internet. Softbank
to own 67 percent of the venture. Other participants include
DirectAdvice.com and Microsoft Corp.

June 24 - Creation of e-Shopping! Toys Corp, a joint venture to sell
toys over the Internet. Softbank to own 52.5 percent, with the rest
held by Yahoo Japan Corp, the Japanese unit of Yahoo Inc, toymaker
Bandai Co, and others.

June 24 - Softbank says it will set up Internet-related venture funds
in the United States and Japan that will aim to raise more than 200
billion yen ($16.5 billion).

June 15 - Softbank and the Nasdaq stock market say they will create a
sister electronic trading system in Japan. The fifty-fifty joint
venture, to be called Nasdaq Japan Planning Co, is to be capitalised
at $4.96 million.

June 10 - Ireland's Cognotec announces a joint venture with Softbank
Corp to provide Internet-based foreign exchange and money market
trading services in Japan and Korea.

June 3 - Creation of eS-Books, a Japanese joint venture to sell books
over the Internet.
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