OREANDA-NEWS. SoftBank Announces Consolidated Earnings Results for Q1/FY2014.

Net sales totaled JPN 1,992,216 million, for a JPN 1,111,147 million (126.1%) increase from the three-month period ended June 30, 2013 (the "same period of the previous fiscal year"). This was mainly due to the consolidation of Sprint, Brightstar Corp., Supercell, and WILLCOM, Inc. (currently Ymobile Corporation) in or after the threemonth period ended September 30, 2013 (the "second quarter of the previous fiscal year"). At SoftBank Mobile Corp., sales declined as product sales decreased on a lower number of handsets shipped,1 although service revenue continued to increase.

Cost of sales increased JPN 741,307 million (182.1%) year on year to JPN 1,148,502 million. This was primarily due to the impact of consolidating Sprint and Brightstar Corp. At SoftBank Mobile Corp., cost of sales declined due to a decrease in the cost of goods.

After deducting net income and loss attributable to non-controlling interests in subsidiaries such as Yahoo Japan Corporation and GungHo from, net income attributable to owners of the parent was JPN 77,574 million, for a JPN 166,803 million (68.3%) decrease year on year.

Comprehensive income totaled JPN 67,889 million, for a JPN 278,175 million (80.4%) year-on-year decrease. Of this, comprehensive income attributable to owners of the parent was JPN 43,778 million, for a JPN 277,847 million (86.4%) year-on-year decrease.