OREANDA-NEWS. SoftBank Corp. announces that its Board of Directors resolved on May 11, 2015 to change corporate name of the Company as below, subject to the approval of partial changes in its Articles of Incorporation at the 35th Annual General Meeting of Shareholders scheduled to be held on June 19, 2015.

At SoftBank Mobile Corp., a subsidiary of the Company, its Board of Directors also resolved to change its corporate name on May 11, 2015.

1. Change of Corporate Name of the Company
(1) Reason for the change
The Company decided to change its corporate name to "SoftBank Group Corp." to clearly describe its position as a pure holding company in the Group in the course of further global development.
(2) New corporate name of the Company
SoftBank Group Corp.
(3) Scheduled date of the change
July 1, 2015.