TIDM56ID

RNS Number : 7758B

Softbank Corp

24 February 2011

February 24, 2011

Change to Benefit Program for Shareholders

SOFTBANK CORP. announces that it changes its benefit program for shareholders as described below. This change is made based on opinions and requests by shareholders and it aims to increase the number of shareholders who can enjoy the benefit program. The change will be applied commencing with the benefit program for shareholders for shareholders on record as of March 31, 2011.

1. Eligible for the benefit program for shareholders

Shareholders with more than 100 shares as of March 31 and September 30 every year.

2 Timing of implementation

This change will be applied commencing with the benefit program for shareholders for shareholders on record as of March 31, 2011. The coupon for benefit program for shareholders will be sent to eligible shareholders by mail in late June 2011. Please refer to the coupon for benefit program for shareholders for details of the program.

3 Description and major changes

The change eases required conditions of the conventional program such as subscription to optional services. This is to make the benefit program more attractive and easier-to-use for shareholders who already subscribe to the SOFTBANK Group's services, in order to facilitate their use of the program.

The preferential treatment for existing subscriptions under the "Benefit program of SOFTBANK MOBILE service to shareholders" is changed from 3 months of free monthly service charge of basic pack (Keitai Basic Pack/ iPhone Basic Pack/ SMARTPHONE Basic Pack) to free basic monthly charge of White Plan and the free-of-charge period is modified corresponding to the number of shares held. As for existing subscriptions under "Benefit program of Yahoo! BB service/ SoftBank broadband service to shareholders", the requirement for the subscription to optional services is abolished and Yahoo! BB hikari with FLET'S and Yahoo! BB hikari FLET'S Course were newly added to the eligible service to the benefit.

Table below shows changes this time, in bold and underlined.

Benefit program of SOFTBANK MOBILE service to shareholders

 
          .                        Old                         New 
---------------------  --------------------------  --------------------------- 
 New subscription(*1)   Provide gift certificates   Provide gift certificates 
                        of JPY 10,000(*2)           of JPY 10,000(*2) 
                        (Applicable products:       (Applicable products: 
                        SoftBank handsets,          SoftBank handsets, 
                        iPad(*3) Wi-Fi + 3G, data   iPad(*3) Wi-Fi + 3G, data 
                        communication devices,      communication devices, 
                        digital photo frames,       digital photo frames, 
                        Mimamori Camera, Mimamori   Mimamori Camera, Mimamori 
                        Phone)(*4)                  Phone)(*4) 
---------------------  --------------------------  --------------------------- 
 Existing               3 months of free monthly    Free basic monthly charge 
  subscription          service charge (JPY 498      of White Plan (JPY 980 
                        incl. tax) of basic pack     incl. tax) corresponding 
                        (Keitai Basic Pack/          to the number of shares 
                        iPhone Basic Pack/           held(*) (5) (*) (6) 
                        SMARTPHONE Basic Pack)       100 shares to less than 
                                                     1,000 shares: 
                                                     1 month semiannually 
                                                     1,000 shares and more: 
                                                     3 months semiannually 
---------------------  --------------------------  --------------------------- 
 

<Amount of preferential treatment for existing subscription(*6*7) >

 
 Eligible products 
  for preferential                                          Amount 
    treatment(*)                                        (JPY per month/ 
         (5)                   Description                incl. tax) 
-------------------  -------------------------------  ----------------- 
                      Discount basic monthly change 
 SoftBank handsets     of White Plan                                980 
-------------------  -------------------------------  ----------------- 
 

*1 Available only to new subscriptions accompanied by purchase of eligible products with the sales price separately specified. Good for one benefit program for shareholders coupon per line only. Unable to use more than twice during the period of the benefit program for shareholders. Corporate subscription, prepaid handsets, Disney Mobile lines, subscription via Online Shop, and subscription of USIM alone are not eligible.

*2 Unable to combine with other campaigns during the period of the benefit program for shareholders.

*3 iPad is trademark of Apple Inc.

*4 Some new models to be released during the period of the benefit program for shareholders may not be eligible for the program.

*5 Products to which White Plan is not applicable are not eligible for the program. iPad Wi-Fi + 3G, data communication devices, digital photo frames, Mimamori Camera, Mimamori Phoneare out of scope. Some new models to be released during the period of the benefit program for shareholders may not be eligible for the program.

*6 Good for one benefit per line semiannually.

*7 In some cases this cannot be combined with other campaigns during the period of the benefit program for shareholders.

Benefit program of Yahoo! BB service/ SoftBank broadband service to shareholders

 
     Eligible                   Old                            New 
-----------------  -----------------------------  ---------------------------- 
 New subscription   <ADSL service>                 <ADSL service> Provide 
                     Provide cashback of JPY       cashback of JPY 10,000(*8) 
                     10,000(*8) or                 or discount JPY 1,050/ 
                     discount JPY 1,050/ month     month for 15 months(*9) 
                     for 15 months(*9)             (Applicable products: 
                     (Applicable products:         Yahoo! BB ADSL, SoftBank 
                     Yahoo! BB ADSL, SoftBank      Broadband ADSL, Yahoo! BB 
                     Broadband ADSL, Yahoo!        White Plan (a), SoftBank 
                     BB White Plan (a), SoftBank   Broadband Step Plan) <FTTH 
                     Broadband Step Plan)          service> Provide cashback 
                     <FTTH service>                of JPY 10,000(*8) 
                     Provide cashback of JPY       (Applicable products: 
                     10,000(*8)                    Yahoo! BB hikari with 
                     (Applicable products:         FLET'S(*10) , Yahoo! BB 
                     Yahoo! BB hikari with         hikari FLET'S Course(*10) 
                     FLET'S(*10) , Yahoo! BB       ) 
                     hikari FLET'S Course(*10) 
                     ) 
-----------------  -----------------------------  ---------------------------- 
 Existing           Discount the equivalent        Discount the equivalent 
  subscription       amount of monthly service     amount of monthly service 
                     fee (or provider charge)      fee (or provider charge) 
                     corresponding to the number   corresponding to the number 
                     of shares held, to existing   of shares held, to existing 
                     subscription to any of        subscription to any of the 
                     the line services below       line services below 
                     AND any of the optional       (Subscription to optional 
                     services; Wirelss LAN         service is not required) 
                     Pack, Double Wirelss Pack,    <Service> Yahoo! BB ADSL 
                     or BBTV Basic Channel         SoftBank Broadband ADSL 
                     Pack                          Yahoo! BB hikari TV package 
                     <Service>                     Yahoo! BB hikari with 
                     Yahoo! BB ADSL                FLET'S Yahoo! BB hikari 
                     SoftBank Broadband ADSL       FLET'S Course 100 shares to 
                     Yahoo! BB hikari TV package   less than 1,000 shares: 
                     100 shares to less than       discount for 1 month 
                     1,000 shares: discount        semiannually 1,000 shares 
                     for 1 month semiannually      and more: discount for 3 
                     1,000 shares and more:        months semiannually 
                     discount for 3 months 
                     semiannually 
-----------------  -----------------------------  ---------------------------- 
 

<Amount of preferential treatment for existing subscription>

 
     Line service (Services for                             Amount (JPY per 
       preferential treatment)           Description        month/incl. tax) 
------------------------------------  -----------------  --------------------- 
 Yahoo! BB ADSL 
  SoftBank Broadband 
  ADSL (Standard                       Discount 
  type/ No-telephone                    the equivalent 
  line subscription                     amount of 
  right type/ OTOKU                     monthly service 
  Line type(*11) )     50M Revo(*12)    fee                              1,564 
--------------------  --------------  -----------------  --------------------- 
                            50M                                          1,564 
--------------------  --------------  -----------------  --------------------- 
                            26M                                          1,459 
                      --------------                     --------------------- 
                            12M                                          1,249 
                      --------------                     --------------------- 
                            8M                                           1,039 
--------------------  --------------  -----------------  --------------------- 
                                       Discount 
                                        the equivalent 
                                        amount of 
 Yahoo! BB hikari TV                    provider 
  package                  Home         charge                           1,354 
--------------------  --------------  -----------------  --------------------- 
                         Apartment                                       1,354 
--------------------  --------------  -----------------  --------------------- 
 Yahoo! BB hikari 
  with FLET'S Yahoo! 
  BB hikari FLET'S 
  Course                   Home                                          1,260 
--------------------  --------------                     --------------------- 
                         Apartment                                         997 
--------------------  --------------  -----------------  --------------------- 
 

*8 Good for one benefit per line only. Please apply to the dedicated contact.

*9 Discount maximum monthly pay-for-use charge of JPY 1,500 for 15 months on new subscription to Yahoo! BB White Plan (a) and SoftBank Broadband Step Plan (Pay-for-use charge combines variable charges including basic charge per usage volume and provider charge of JPY 490 to 1,990.)

*10 Subscription to hikari BB unit rental is required to subscribe to Yahoo! BB hikari with FLET'S and Yahoo! BB hikari FLET'S Course.

*11 OTOKU Line type is only available with Yahoo! BB ADSL.

*12 Yahoo! BB 50M Revo is not provided under Yahoo! BB ADSL OTOKU Line type.

4 Others

Please be aware of the following conditions for the use of the benefit program for the shareholders.

 
                               Benefit program            Benefit program 
                              of SOFTBANK MOBILE        of Yahoo! BB service/ 
                            service to shareholders      SoftBank broadband 
                                                       service to shareholders 
------------------------  -------------------------  ------------------------- 
 Use of the both benefit                        possible 
 programs to 
 shareholders in 
 combination 
------------------------  ---------------------------------------------------- 
 Use of the preferential           possible                 not possible 
  treatment for new and 
  existing subscription 
  in combination for the 
  same line 
------------------------  -------------------------  ------------------------- 
 Use of the preferential         not possible               not possible 
 treatment for multiple 
 new and existing 
 subscriptions in 
 combination for the 
 same shareholder 
------------------------  -------------------------  ------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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