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孙正义48页PPT_信息革命主导新世界_软银世界大会

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Important Notice to Recipients Neither SoftBank nor any of its applicable afliates makes any representations or warranties, express or implied, as to the accuracy or completeness of the information in this presentation (this “Presentation”), other than the historical nancial performance set forth herein. The Presentation speaks as of the date hereof. SoftBank and its respective afliates, members, partners, stockholders, managers, directors, ofcers, employees and agents do not have any obligation to update any part of this Presentation. Performance and other information herein about selected past SoftBank investments is intended to illustrate SoftBank’s experience making investments. The past investments presented herein were selected by SoftBank on the basis of subjective criteria, and different persons might reach different conclusions as to individual investments’ relevance and about which investments to include in such selection. Certain information herein refers to certain trends in the technology and related industries. There can be no assurance that such trends will continue.The investments included in this Presentation are not, and do not purport to be, representative of all investments, or all types of investments, previously made by SoftBank. The performance of these selected investments is not indicative of future performance. The investment performance information included herein is as of 9 May 2017. An update of the investment performance information herein, including to reect any changes to the market value of any publicly traded securities, may produce different performance numbers. Nothing contained herein should be relied upon as a guarantee, promise, forecast or representation as to the future.Past performance is not necessarily indicative of future results. Certain information contained herein constitutes “forward-looking statements,” which can be identied by the use of terms such as “may”, “will”, “should”, “expect”, “project”, “estimate”, “intend”, “continue”, “target” or “believe” (or the negatives thereof) or other variations thereon or comparable terminology.In particular, this Presentation contains certain information regarding SoftBank’s expected organization, operations and activities in the future. This information has been set out for illustrative purposes only, and does not constitute forecasts.This Presentation has been prepared based on SoftBank’s current view in relation to future events and various assumptions, including assumptions with respect to events that have not occurred, any of which may prove incorrect.While based on assumptions that SoftBank believes are reasonable under the circumstances, they are subject to uncertainties, changes (including changes in economic, operational, political, legal, tax and other circumstances) and other risks, including, but not limited to, broad trends in business and nance, tax and other legislation affecting SoftBank, all of which are unknowable and beyond SoftBank’s control and any of which may cause SoftBank’s organization, operations or activities to be materially different from those described in this Presentation.Nothing contained in this Presentation may be relied upon as a guarantee, promise or forecast or a representation as to the future.Recipients should not rely on any forward-looking statements. General Notes on IRR Calculation IRR calculations are estimated, unaudited and subject to adjustment.The IRRs set forth herein are based in part on current valuations of unrealised investments or the unrealised portion of any partially realised investments and such valuations have not been audited on an individual basis. There can be no assurance that such investments will ultimately be realised at their current valuations. All IRR gures shown for SoftBank investments gross IRRs based on cash ows denominated in Japanese Yen. The IRR calculations treat each investment as having been made on the last day of the SoftBank scal year in which the investment was made and treat any proceeds related to a realisation event as having been received on the last day of the SoftBank scal year in which the applicable realisation event occurred. Such gross IRR gures reect actual or estimated investment-level performance (aggregated where relevant), excluding fund-level items such as management fee, carried interest, operational expenses and unconsummated deal costs. Past performance is not necessarily indicative of future results. Unrealised Investments The IRRs set forth in this Presentation are based in part on current valuations of unrealised investments or the unrealised portion of any partially realised investments and such valuations have not been audited on an individual basis. There can be no assurance that such investments will ultimately be realised at their current valuations. Composite Performance Aggregate, composite and cumulative investment performance data herein represents aggregate data of multiple SoftBank investments. However, SoftBank investments were made during different economic cycles and any such performance reects neither a specic SoftBank investment nor a group of investments managed as a single portfolio. It should not be assumed that any individual investor has received the investment performance indicated by such aggregate, composite or cumulative performance data. Subsequent Events (Post-9 May 2017 Realisations) An update of the investment performance information herein, including to reect any changes to the market value of any publicly traded securities, may produce different performance numbers and, in some cases, different selections of investments. 。。。以上简介无排版格式,详细内容请下载查看