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    9434   JP3732000009

SOFTBANK CORP.

(9434)
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SoftBank : Russian diplomat suspected in stolen SoftBank info case leaves Japan

02/10/2020 | 08:13am EDT

A Russian diplomat suspected of illegally obtaining proprietary information belonging to SoftBank Corp. left Japan for Russia on Monday, investigative sources said.

Anton Kalnin, 52, the second highest official at the Trade Representation of the Russian Federation in Japan, allegedly received the information from Yutaka Araki, a former employee of the major mobile carrier, in February last year. Araki, 48, was arrested in late January.

Kalnin left on a flight from Narita airport near Tokyo in the afternoon, the sources said. Police are considering referring his case to Japanese prosecutors for violation of the unfair competition prevention law.

The police had requested through the Foreign Ministry that the Russian Embassy present Kalnin and another Russian official thought to be involved in the theft who returned to Russia in 2017. The official in his 40s is believed to have first contacted Araki before passing on the connection to Kalnin.

The embassy did not respond, according to the sources.

SoftBank, a unit of SoftBank Group Corp., has said that the leaked information was related to manuals for mobile phone base stations and other communications facilities.

Araki, who was fired in mid-December, has admitted he received money for providing the information kept in data storage devices to the Russian side, investigators have said.

==Kyodo

© Kyodo News International, Inc., source Newswire

Stocks mentioned in the article
ChangeLast1st jan.
SOFTBANK CORP. -0.18% 1410 End-of-day quote.9.05%
SOFTBANK GROUP CORP. -0.80% 7834 End-of-day quote.-2.78%
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Financials
Sales 2021 5 136 B 46 633 M 46 633 M
Net income 2021 511 B 4 639 M 4 639 M
Net Debt 2021 4 136 B 37 555 M 37 555 M
P/E ratio 2021 13,4x
Yield 2021 6,10%
Capitalization 6 594 B 59 804 M 59 872 M
EV / Sales 2021 2,09x
EV / Sales 2022 1,98x
Nbr of Employees 37 821
Free-Float 57,9%
Chart SOFTBANK CORP.
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Technical analysis trends SOFTBANK CORP.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 1 648,89 JPY
Last Close Price 1 410,00 JPY
Spread / Highest target 56,0%
Spread / Average Target 16,9%
Spread / Lowest Target -17,0%
EPS Revisions
Managers and Directors
NameTitle
Junichi Miyakawa President, CEO & Representative Director
Kazuhiko Fujihara Chief Financial Officer & Director
Ken Miyauchi Chairman
Takashi Tsutsui Chief Scientist & Managing Executive Officer
Keiichi Makizono Chief Information Officer
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