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. |