Earnings Results for the Three-month Period Ended June 30, 2012

Earnings Results for the Three-month Period Ended June 30, 2012 July 31, 2012 SOFTBANK CORP.

Disclaimer This material was prepared based on information available and views held at the time it was made. Statements in this material that are not historical facts, including, without limitation, plans, forecasts and strategies are forward-looking statements. Forward-looking statements are by their nature subject to various risks and uncertainties, including, without limitation, a decline in general economic conditions, general market conditions, technological developments, changes in customer demand for products and services, increased competition, risks associated with international operations, and other important factors, each of which may cause actual results and future developments to differ materially from those expressed or implied in any forward-looking statement. With the passage of time, information in this material (including, without limitation, forward-looking statements) could be superseded or cease to be accurate. SOFTBANK CORP. disclaims any obligation or responsibility to update, revise or supplement any forward-looking statement or other information in any material or generally to any extent. Use of or reliance on the information in this material is at your own risk. Information contained herein regarding companies other than SOFTBANK CORP. and other companies of the SOFTBANK Group is quoted from public sources and others. SOFTBANK CORP. has neither verified nor is responsible for the accuracy of such information. * Please refer to the last page for details relating to the application of new accounting standards, definition of terms, trademarks and registered trademarks used in this material.

Highlights 1 Operating income: record high for 7 consecutive periods 2 Steady growth in telecom service revenue 3 Implementation of interim dividend 2

Consolidated Earnings Results 3

Net Sales 764.2 766.9 (JPY bn) Record high for 4 consecutive periods 3 Telecommunications businesses (Mobile Communications, Broadband Infrastructure, Fixed-line Telecommunications) Internet Culture Others 0 2003 04 05 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) 4

EBITDA 284.4 (JPY bn) 254.2 Record high for 9 consecutive periods 12% increase 0 3 Telecommunications businesses (Mobile Communications, Broadband Infrastructure, Fixed-line Telecommunications) Internet Culture Others 2003 04 05 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) 5

Operating Income 192.1 (JPY bn) 175.8 Record high for 7 consecutive periods 9% increase 0 3 Telecommunications businesses (Mobile Communications, Broadband Infrastructure, Fixed-line Telecommunications) Internet Culture Others 2003 04 05 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) 6

(JPY bn) Operating Income NTT DOCOMO 262.6 2x SOFTBANK 192.1 KDDI KDDI 94.2 0 2005 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) *Created by SOFTBANK CORP. based on respective companies publicly available information. 7

Operating Income (YoY) +9% Only winner (2%) SOFTBANK NTT DOCOMO (33%) KDDI *Created by SOFTBANK CORP. based on respective companies publicly available information. 8

30% Operating Margin 25% NTT DOCOMO 25.1% SOFTBANK 24.5% 20% No.1 15% KDDI 10.9% 10% ( QUICK ) 2006 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) *Created by SOFTBANK CORP. based on respective companies publicly available information. 9

(JPY bn) Ordinary Income 151.2 180.9 Record high for 7 consecutive periods 20% increase 0 2003 04 05 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) 10

(JPY bn) Net Income 94.7 90.6 Dilution gain from changes in equity interest mainly related to Renren Inc. IPO etc. (special income) 13.9 Steady trend 0 2003 04 05 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) 11

Summary of Consolidated Earnings Results (JPY bn) FY11/Q1 FY12/Q1 Change YoY Net sales 764.2 766.9 2.6 100% EBITDA 254.2 284.4 30.1 112% Operating income 175.8 192.1 16.2 109% Ordinary income 151.2 180.9 29.7 120% Net income 94.7 90.6 (4.1) 96% 12

(JPY bn) Operating Cash Flow 132.0 132.9 131.8 107.0 Steady trend 52.8 2008 09 10 11 12 Q1 Q1 Q1 Q1 Q1 (FY) 13

Cash Flow (JPY bn) FY11/Q1 FY12/Q1 Operating cash flow Free cash flow 1) CAPEX outlays 107.0 30.8 (77.8) 131.8 (34.3) (118.0) 2) Acquisition of ASKUL Corporation shares (by Yahoo Japan) (33.0) 14

(JPY t) 2.1 Net Interest-bearing Debt 1.9 1.5 1.1 0.8 0.2 Maintain appropriate level Payment related to acquisition of preferred stock, etc. issued to Vodafone Group 2008 09 10 11 12 June June June June June (CY) *Lease obligations are not included. 15

Equity Ratio 20% Significant 20% improvement 15% 10% 9% 5% 0% 2008 09 10 11 12 June June June June June (CY) 16

(JPY bn) 28.4 Interest Expense 27.4 27.7 22.4 1/3 of peak level 9.0 2008 09 10 11 12 (FY) Q1 Q1 Q1 Q1 Q1 17

Dividend per Share Interim dividend Year-end dividend FY11 JPY 40 FY12 (plan) JPY 20 JPY 20 Annual dividend JPY 40 JPY 40 Enhance shareholder return through interim dividend *The interim dividend amount and payout date will be resolved at a separate future Board of Directors meeting. *Year-end dividend is subject to the resolution of the Annual Meeting of Shareholders to be held in June 2013. 18

Business Results 19

Net Subscriber Additions 730k 700k 750k Highest ever 320k 2009 10 11 12 Q1 Q1 Q1 Q1 (FY) 20

Smartphone Market Share Rank Operator Model Share 1 SOFTBANK iphone 4S 28.5% No.1 Smartphone 2 au iphone 4S 16.2% 3 NTT DOCOMO Xperia acro HD 7.0% 4 au Xperia acro HD 4.3% 5 NTT DOCOMO GALAXY Note 3.0% (Source) Survey on number of handsets sold at major electronics retail stores executed by external research company. Market share for new smartphones sold (FY2012/Q1). 21

Corporate Tablets NTT DOCOMO 20% No.1 corporate tablet SOFTBANK 80% (Source) Survey by external research company. *ipad represents 3G model only. Share of active devices as of June 2012 22

No. of Corporate ipad Customers Exceeds 70k co. s 18x in 2 years 4k co. s Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2010 2011 2012 (FY) *Customers using 3G model. 23

No. of Google Apps IDs Acquired SOFTBANK TELECOM Cumulative 240k IDs Global No.1 8k Q1 Q2 Q3 2011 Q4 Q1 2012 (FY) * Global No.1 : actual sales results of Google Apps for Business from Jan. to June, 2012 24

WILLCOM Subscribers 4.86mil Record high 3.77mil May 2009 Dec. 2010 June 2012 *PHS + 3G 25

Cumulative Subscribers au 35.68mil 34.40mil Closing in on au WILLCOM 15.22mil Apr. 2006 June 2012 26

Towards Profit No.1 27

(JPY bn) Operating Income NTT DOCOMO 262.6 2x SOFTBANK 192.1 KDDI KDDI 94.2 0 2005 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) *Created by SOFTBANK CORP. based on respective companies publicly available information. 28

ARPU (JPY) 6,000 JPY 5,900 JPY 5,890 Unique growth 5,500 NTT DOCOMO 5,000 au JPY 4,650 4,500 4,000 JPY 4,180 JPY 4,300 JPY 4,240 SOFTBANK 3,500 2008 09 10 11 12 (FY) *Excluding communication modules Created by SOFTBANK CORP. based on respective companies publicly available information. au FY2012: Personal Service segment ARPU 29

Mobile Telecom Service Revenue (JPY bn) 347.5 377.3 Steady growth 307.5 254.8 270.5 9% increase 2008 09 10 11 12 (FY) Q1 Q1 Q1 Q1 Q1 30

Mobile Telecom Service Revenue (YoY) +9% Only winner (3%) SOFTBANK (4%) au NTT DOCOMO *Created by SOFTBANK CORP. based on respective companies publicly available information. au: Personal Service segment 31

Mobile Telecom Service Revenue (JPY bn) 347.5 307.5 377.3 Significant growth in data 254.8 270.5 158.8 153.5 Voice revenue, etc. 157.2 161.8 93.0 153.4 117.0 150.2 188.6 223.7 Data revenue +19% 2008 09 10 11 12 (FY) Q1 Q1 Q1 Q1 Q1 32

Mobile Operating Income (JPY bn) 128.1 5x 27.2 2003 04 05 06 07 08 09 10 11 12 (FY) Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 33

Fixed-line Operating Income 25.0 (JPY bn) Profitable 0 (28.8) 2003 04 05 06 07 08 09 10 11 12 (FY) Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 *Broadband Infrastructure Fixed-line Telecommunications 34

Yahoo Japan Operating Income 42.1 (JPY bn) Growth re-accelerates 0 2003 04 05 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) 35

Enhance Network Towards Further Growth 36

No. of Base Stations 190k 10x since acquisition Acquisition of Vodafone Japan 20k 2006 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) *Excluding home femtocell and home repeaters. 37

Number of Wi-Fi Spots SOFTBANK 270,000 au 100,000 NTT DOCOMO 23,300 Overwhelmingly No.1 *As of July 31, 2012 38

Communication Speed SoftBank 4G LTE 110 Mbps NTT DOCOMO Xi LTE 37.5 Mbps Fastest in the industry UQ WiMAX 40 Mbps *Outdoor maximum downlink speed NTT DOCOMO: 12 spots throughout Japan are compatible with 75 Mbps (as of July 30, 2012). 39

Actual Communication Speed SoftBank 4G LTE 34 Mbps Akihabara NTT DOCOMO Xi LTE 2 Mbps UQ WiMAX 1 Mbps Shinjuku SoftBank 4G LTE NTT DOCOMO Xi LTE 9 Mbps 28 Mbps UQ WiMAX 2 Mbps Yurakucho SoftBank 4G LTE NTT DOCOMO Xi LTE 8 Mbps 29 Mbps UQ WiMAX 5 Mbps (Source) NIKKEI PERSONAL COMPUTING (April 9, 2012) 40

60 55 ( ) SOFTBANK Image: Improving Area Coverage 50% Improving 50 45 40 39% 35 30 Sept. Dec. Mar. June 2011 2012 *External survey (approx. 3,000 SOFTBANK MOBILE users/month) 41

Platinum Band Start roll-out from July 25, 2012 42

Video 43

Consolidated CAPEX (JPY bn) 420.5 516.3 612.4 450.0 Enhancing CAPEX *FY2012 excludes Fukuoka Yahoo! JAPAN Dome related CAPEX (JPY 87.6bn). 2010 11 12 13 (FY) (plan) 44

LTE Flat-rate plan for Smartphones JPY 5,985/month Launch this fall 45

Mobile Telecom Service Revenue (JPY bn) 347.5 307.5 377.3 Growth in data revenue 254.8 270.5 158.8 153.5 Voice revenue, etc. 157.2 161.8 93.0 153.4 117.0 150.2 188.6 223.7 Data revenue +19% 2008 09 10 11 12 (FY) Q1 Q1 Q1 Q1 Q1 46

Towards Profit No.1 47

(JPY bn) Operating Income NTT DOCOMO 262.6 192.1 SOFTBANK KDDI Towards profit No.1 94.2 0 2005 06 07 08 09 10 11 12 Q1 Q1 Q1 Q1 Q1 Q1 Q1 Q1 (FY) *Created by SOFTBANK CORP. based on respective companies publicly available information. 48

Operating Income CAGR (FY2005-2011) SOFTBANK 49% Bharti Airtel 16% America Movil China Mobile 11% 10% Global No.1 AT&T 2% Vodafone Verizon -1% -5% Telefonica -7% 49

Operating Income 1,200 (Indexed with FY2005 = 100) SOFTBANK 900 Global No.1 600 300 100 0 2005 06 07 08 09 10 11 America Movil Bharti Airtel China Mobile AT&T Vodafone Group Verizon Telefonica (FY) *Created by SOFTBANK CORP. based on Bloomberg data. 50

Internet Company Culture 51

960 Mobile Internet Companies 特色指定 プロセス指定 CMYK DIC651 35.30.30.0 DIC130 65.0.95.0 DIC166 0.10.100.0 DIC2176 70.0.0.0 Mobile communication platform *As of March 2012 52

2017/3 Target Consolidated Operating Income JPY 1t 53

Maximize Shareholders Value 54

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1. Application of accounting standard for disclosure on segments The Accounting Standard for Disclosures about Segments of an Enterprise and Related Information and related Guidance on the Accounting Standard for Disclosures about Segments of an Enterprise and Related Information are applied from FY2010/Q1. Financial results for 2010/3 are shown based on the new standard for comparison purposes only and have neither been audited nor reviewed by our independent auditors. All financial information for 2010/3 presented herein based on the new standard are subject to our audited and reviewed financial reports for the relevant corresponding periods. 2. Definition of terms etc. in this material. Free cash flow (FCF): cash flows from operating activities + cash flows from investing activities. EBITDA: operating income (loss) + depreciation and amortization (including amortization of goodwill), and loss on disposal of fixed assets included in operating expenses. Net interest-bearing debt: interest-bearing debt - cash position Interest-bearing debt: short-term borrowings + commercial paper + current portion of corporate bonds + corporate bonds + long-term borrowings. Lease obligations are not included. This excludes the corporate bonds (WBS Class B2 Funding Notes, issued by J-WBS Funding K.K.) with a face value of JPY 27.0bn acquired by SOFTBANK CORP. during 2010/3 that were issued under the whole business securitization financing scheme associated with the acquisition of Vodafone K.K. Cash position: cash & cash deposits + marketable securities recorded as current assets. (excludes Yahoo! Inc. shares which were held by a subsidiary of SOFTBANK CORP. in the United States of America). Record high, record high revenue: since SOFTBANK CORP. applied consolidated accounting in 1995/3. Q1 comparison basis. SOFTBANK CORP. owns 100% shares issued by WILLCOM, Inc. However, WILLCOM, Inc. is in the process of reorganization under the Corporate Reorganization Act and the Company does not have effective control over WILLCOM, Inc. Therefore, WILLCOM, Inc. is not treated as a subsidiary. 3. Trademarks and registered trademarks The names of other companies, other logos, product names, service names, brands, etc., mentioned in this material are registered trademarks or trademarks of SOFTBANK CORP. or the applicable companies. Unauthorized copying of this material and use of the information or the data in this material in whole or in part are not permitted. - Apple, the Apple logo, iphone and ipad are trademarks of Apple. - The trademark iphone is used with a license from Aiphone K.K.