=SoftBank

SOFTBANK MOBILE Corp.

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Financial Results

Earnings release for the FY2002 ended March 31, 2003

July 28, 2003

Consolidated financial result
for the first quarter of fiscal year 2003 ended June 30, 2003

1. Accounting policies for the quarterly operational result

Differences in accounting policies for revenue from those applied to the recent consolidated fiscal years :None

2. Consolidated operational result (from April 1, 2003 to June 30, 2003)

million yen %
Quarter from April 1, 2003 to June 30, 2003 452,834 -
Quarter from April 1, 2002 to June 30, 2002 - -
(Re.) Full year ending March 31, 2003 1,796,915 -

[Footnotes for revenue]
Revenue continues to perform solidly in line with the company's expectations.
(2) Significant events affecting the group's financial position and operating results over the quarter
None

3. Forecast of consolidated operational results for the year ending March 31, 2004 (from April 1, 2003 to March 31, 2004)

  Revenue Ordinary income Net income Earnings per share
  million yen million yen million yen yen
Half year ending September 30, 2003 - - - -
Full year ending March 31, 2004 1,865,000 213,000 62,000 19,404.00

[Qualitative information regarding operating results forecast]
Operation continues to perform in line with the company's expectations.

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