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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  SoftBank Corp.    9434   JP3732000009

SOFTBANK CORP.

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SoftBank : Ex-SoftBank employee indicted over alleged info leakage to Russia

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02/14/2020 | 04:23am EDT

A former employee of SoftBank Corp. was indicted Friday on a charge of illegally acquiring company secrets, prosecutors said, in violation of Japan's unfair competition prevention law.

Yutaka Araki, 48, is alleged to have obtained the information from a computer server at SoftBank on Feb. 18 last year, and provided the major mobile carrier's proprietary information to a Russian diplomat in Japan.

Araki, who was arrested in January, has admitted to receiving money in exchange for the information he kept on data storage devices, investigators have said.

The police had requested through the Foreign Ministry that the Russian Embassy present Anton Kalnin, the second-highest official at the Trade Representation of the Russian Federation in Japan, and another official whom they suspect of having been involved in the theft.

However, Kalnin left for Russia on Monday, while the other official had returned to Russia in 2017.

SoftBank, a unit of SoftBank Group Corp., has said the leaked information was "low in confidentiality" and related to manuals for mobile phone base stations and other communications facilities. The company fired Araki in December.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SOFTBANK CORP. 1.48% 1374.5 End-of-day quote.0.37%
SOFTBANK GROUP CORP. 2.57% 3788 End-of-day quote.1.34%
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Financials (JPY)
Sales 2020 4 872 B
EBIT 2020 911 B
Net income 2020 502 B
Debt 2020 3 865 B
Yield 2020 6,64%
P/E ratio 2020 12,4x
P/E ratio 2021 11,9x
EV / Sales2020 2,07x
EV / Sales2021 1,87x
Capitalization 6 201 B
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Technical analysis trends SOFTBANK CORP.
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TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 1 611,43  JPY
Last Close Price 1 308,00  JPY
Spread / Highest target 51,0%
Spread / Average Target 23,2%
Spread / Lowest Target -9,79%
EPS Revisions
Managers
NameTitle
Ken Miyauchi Executive President, CEO & Representative Director
Masayoshi Son Chairman
Yasuyuki Imai Co-COO, Representative Director & Executive VP
Jun Shimba Co-COO, Representative Director & Executive VP
Kazuhiko Fujihara Chief Financial Officer & Director
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