Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to Mex$681, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 14x in the Wireless Telecom industry globally. Simply Wall St's valuation model estimates the intrinsic value at Mex$326 per share. New Risk • May 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.02x net interest cover). Shares are highly illiquid. Earnings are forecast to decline by an average of 46% per year for the foreseeable future. High level of non-cash earnings (21% accrual ratio). Tillkännagivande • May 15
SoftBank Group Corp., Annual General Meeting, Jun 24, 2026 SoftBank Group Corp., Annual General Meeting, Jun 24, 2026. Tillkännagivande • Apr 03
SoftBank Group Corp. to Report Fiscal Year 2026 Results on May 13, 2026 SoftBank Group Corp. announced that they will report fiscal year 2026 results on May 13, 2026 Tillkännagivande • Feb 13
SoftBank Group Corp. Provides Earnings Guidance for the Fourth Quarter of fiscal year 2026 SoftBank Group Corp. provided earnings guidance for the fourth quarter of fiscal year 2026. For the period, the company expects Revenue of $1.4 billion or 18% year-on-year. Tillkännagivande • Jan 06
SoftBank Group Corp. to Report Q3, 2026 Results on Feb 12, 2026 SoftBank Group Corp. announced that they will report Q3, 2026 results at 3:30 PM, Tokyo Standard Time on Feb 12, 2026 Tillkännagivande • Dec 08
SoftBank Reportedly in Talks to Buy Digital Infra Firm DigitalBridge SoftBank Group Corp. (TSE:9984) is in talks to acquire digital infrastructure firm DigitalBridge Group, Inc. (NYSE:DBRG), a source familiar with the matter told Reuters on December 5, 2025, as the Japanese conglomerate seeks to tap the firm's AI-linked portfolio. The deal could be struck by the end of the year, the source said. DigitalBridge and SoftBank declined to comment. Shares of DigitalBridge surged as much as 35%, hitting over a one-month high. The stock has slipped nearly 14% this year as of last close, giving the Boca Raton, Florida-based company a market value of $1.8 billion. Bloomberg News reported the talks earlier in the day. Tillkännagivande • Dec 05
SoftBank Group Corp. (TSE:9984) made an offer to acquire remaining 8.72% stake in Balyo SA (ENXTPA:BALYO) for €8.7 million. SoftBank Group Corp. (TSE:9984) made an offer to acquire remaining 8.72% stake in Balyo SA (ENXTPA:BALYO) for €8.7 million on December 4, 2025. A cash consideration valued at €0.6 per share will be paid by SoftBank Group Corp. As part of consideration, an undisclosed value is paid towards common equity of Balyo SA. Upon completion, SoftBank Group Corp. will own 100% stake in Balyo SA. Tillkännagivande • Nov 13
Blackstone, Softbank Reportedly in Talks for Stakes in India Cloud Startup Neysa Blackstone Inc. (NYSE:BX) and SoftBank Group Corp. (TSE:9984) are in early talks to buy stakes in Neysa Networks Pvt. (Neysa Networks Private Limited), an Indian cloud infrastructure startup, according to people familiar with the matter. The US alternative asset manager is evaluating a majority holding, while SoftBank is considering a minority stake, the people said, asking not to be identified as the discussions are private. No final decisions have been made, and other investors could participate, they said. Founded in 2023 by Sharad Sanghi and Anindya Das, Neysa provides cloud-computing infrastructure to run artificial intelligence models on demand. The startup has raised about $50 million from investors including Z47 — formerly known as Matrix Partners India — and Nexus Venture Partners, according to information on its website. Blackstone declined to comment. Representatives for SoftBank and Neysa didn’t respond to requests for comment. The investment could value Neysa at less than $300 million, though any investor would likely need to commit additional capital to fund expansion, the people said. Investors worldwide are pouring billions into capital-intensive data centers to support the rapid growth of AI services. The momentum continues even as some question whether the industry is overbuilding around a technology that has yet to yield consistent profits. A SoftBank deal would mark the Japanese conglomerate’s first new investment in India in more than three years. For Blackstone, a potential transaction would bolster its digital infrastructure portfolio in the country, where it’s been expanding real estate and infrastructure bets. Tillkännagivande • Oct 08
SoftBank Group Corp. (TSE:9984) signed an agreement to acquire Robotics division from ABB Ltd (SWX:ABBN) for an enterprise value of $5.4 billion. SoftBank Group Corp. (TSE:9984) signed an agreement to acquire Robotics division from ABB Ltd (SWX:ABBN) for an enterprise value of $5.4 billion on October 8, 2025. The purchase price is subject to customary adjustments including net working capital and net debt as at the closing date. ABB to deploy divestment proceeds in line with its capital allocation principles. As a result of the signing of the agreement ABB will adjust its reporting structure and move to three business areas. As of the fourth quarter 2025, the Robotics division will be reported as Discontinued operations. At the same time, the Machine Automation division, which together with ABB Robotics currently forms the Robotics & Discrete Automation business area, will become a part of the Process Automation business area. For the Fiscal year ended Dec 2024, Robotics division of ABB reported total revenue of $2.28 billion and EBITDA of $313 million. As of December 31, 2024, Robotics division of ABB reported total common equity of $770 million. The Acquisition has been approved by SBG’s Board of Directors and remains subject to customary regulatory approvals including in the European Union, China, and the United States, and the satisfaction of other customary closing conditions. SBG expects the Acquisition to close in mid-to-late 2026. Ken Siegel, Gary Brown and Stuart Alford of Morrison & Foerster LLP of acted as legal advisor to SoftBank Group Corp. Tillkännagivande • Oct 03
SoftBank Group Corp. to Report Q2, 2026 Results on Nov 11, 2025 SoftBank Group Corp. announced that they will report Q2, 2026 results at 3:30 PM, Tokyo Standard Time on Nov 11, 2025 Tillkännagivande • Jul 06
Lenskart Founder Reportedly to Buy Back 2% from Bunch of Investors at $7 Billion Valuation Lenskart (Lenskart Solutions Private Limited) founder Peyush Bansal is looking to buy 1.5% to 2% stake in the eyewear retailer worth about $150 million from existing investors ahead of a planned initial public offering, (IPO), three people aware of the development said. Investment bank Avendus Capital is helping Bansal with the transaction. Bansal wants to make up for his equity dilution over the previous funding rounds, the people said on the condition of anonymity. "Peyush is buying small stakes from a bunch of investors. This is being negotiated at around $7 million to $8 billion valuation," one of the three people said. Investors such as TR Advisors Ltd, Chiratae Ventures India Advisors Private Limited, SoftBank Group Corp. (TSE:9984) and Kedaara Capital Investment Managers Limited are likely to sell shares as part of the deal, these people said. "Negotiations are on with these firms. In another four to six weeks, this deal will be done, after which the company will look to file its IPO documents with the markets regulator," the second person said. Queries emailed to Lenskart, Avendus and the investors remained unanswered. "The founder is buying back from some of the investors at a pre-IPO valuation," the third person said. Tillkännagivande • Jul 03
SoftBank Group Corp. to Report Q1, 2026 Results on Aug 07, 2025 SoftBank Group Corp. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Aug 07, 2025 Tillkännagivande • May 13
SoftBank Group Corp., Annual General Meeting, Jun 27, 2025 SoftBank Group Corp., Annual General Meeting, Jun 27, 2025. Tillkännagivande • Apr 25
SoftBank Group Corp. Proposes Year-End Dividend for the Fiscal Year Ended March 31, 2025 SoftBank Group Corp. (SBG) announced that its Board of Directors passed a resolution to submit the following proposal regarding dividend from surplus with a record date of March 31, 2025 to the 45th Annual General Meeting of Shareholders scheduled on June 27, 2025. This will bring the total annual dividend for the fiscal year ended March 2025, including the interim dividend (JPY 22 per share), to JPY 44 per share, the same amount as the previous fiscal year. Tillkännagivande • Apr 02
SoftBank Group Corp. to Report Fiscal Year 2025 Results on May 13, 2025 SoftBank Group Corp. announced that they will report fiscal year 2025 results at 3:30 PM, Tokyo Standard Time on May 13, 2025 Tillkännagivande • Mar 21
SoftBank Group Corp. (TSE:9984) agreed to acquire a %91.92 stake in Ampere Computing LLC in an all-cash transaction valued at $6.5 billion. SoftBank Group Corp. (TSE:9984) agreed to acquire a %91.92 stake in Ampere Computing LLC in an all-cash transaction valued at $6.5 billion on March 19, 2025. The consideration payable in the Transaction is expected to be financed through borrowings from Mizuho Bank, Ltd., among other financial institutions. As of December 31, 2024, $16.46 million in net revenues, approximately $0.34 million in total assets, approximately $-0.51 million in EBIT, $-1.51 million in total common equity and approximately $-0.59 million in Net Income. The Transaction has been approved by SBG’s Board of Directors but remains subject to customary regulatory approvals including United States antitrust clearance and approval by the Committee on Foreign Investment in the United States (CFIUS), as well as the satisfaction or waiver of other closing conditions, such as the compliance in all material respects with covenants, failure of a material adverse effect on Ampere to occur and certain employment related matters. The transaction is expected to close in the second half of 2025. The Raine Group is acting as the financial adviser and fairness opinion provider to SBG. Morrison & Foerster LLP is retained as the legal adviser to SBG. Evercore acted as the financial advisor to Ampere. Tillkännagivande • Feb 07
SoftBank Reportedly in Talks to Buy Ampere in Deal Valuing At $6.5 Billion SoftBank Group Corp. (TSE:9984) is in advanced talks to acquire Ampere Computing LLC, people familiar with the matter said. The Japanese company is discussing a deal that could value the Oracle Corp.-backed chip designer at about $6.5 billion, including debt, according to the people. A transaction may be announced in the coming weeks, they said. Tillkännagivande • Jan 31
SoftBank in Talks to Invest as Much as $25 Billion in OpenAI SoftBank Group Corp. (TSE:9984) is in talks to invest $15 billion to $25 billion in OpenAI (OpenAI, L.L.C.), potentially deepening the relationship between the two companies that are already planning a significant artificial-intelligence infrastructure initiative. Some of that equity investment could be used for OpenAI’s commitment to Stargate, a joint venture with SoftBank and others it announced last week at the White House, according to a person familiar with the matter. Stargate, which also includes Oracle and the United Arab Emirates investment fund MGX, intends to invest as much as $500 billion in AI data centers for use by OpenAI over the next four years. Tillkännagivande • Jan 17
SoftBank Group Corp. to Report Q3, 2025 Results on Feb 12, 2025 SoftBank Group Corp. announced that they will report Q3, 2025 results on Feb 12, 2025 Tillkännagivande • Jan 10
SoftBank Group's Arm Reportedly Explores Potential Deal for Ampere SoftBank Group Corp. (TSE:9984) and its majority-owned Arm Holdings plc (NasdaqGS:ARM) are exploring a deal for Ampere Computing LLC, according to people familiar with the matter. Ampere has drawn takeover interest from Arm while exploring its strategic options, said the people, who asked not to be identified because the discussions were private. Talks could still fall apart, the people cautioned. It’s also possible Ampere could end up being bought by another suitor. Representatives for Arm and Ampere declined to comment. Spokespeople for SoftBank and Oracle didn’t immediately respond to requests for comment. Ampere has been working with a financial adviser to help field takeover interest, Bloomberg News reported in September. The Santa Clara, California-based company’s interest in a deal with a larger player in the industry suggests that it didn’t see an easy path to an initial public offering. Tillkännagivande • Nov 30
SoftBank Reportedly Mulls Additional Investment in OpenAI SoftBank Group Corp. (TSE:9984) is considering additional investment in generative artificial intelligence developer OpenAI (OpenAI, L.L.C.), U.S. media reported on 27 November 2024. The Japanese technology investor's SoftBank Vision Fund (SoftBank Vision Fund L.P.) plans to acquire up to $1.5 billion in shares of OpenAI from its employees. The ChatGPT creator raised $500 million from SoftBank in its $6.6 billion funding round in October. The additional investment is part of efforts by SoftBank Chairman and Chief Executive Officer Masayoshi Son to propel AI revolution. Tillkännagivande • Oct 22
SoftBank Group Corp. Announces Interim Distribution for the Fiscal Year Ended March 31, 2024, Payable on December 3, 2024 The Board of Directors of SoftBank Group Corp. resolved the distribution of interim dividend from surplus with a record date of September 30, 2024 as follows. The amount of dividend per share is in line with the forecast of dividend announced in Consolidated Financial Report for the Fiscal Year Ended March 31, 2024, dated May 13, 2024. The company announced dividend of JPY 22.00 per share. Record date: September 30, 2024. Total cash dividend: JPY 31,835 million. Payable date: December 3, 2024. Dividend resource: Retained earnings. Tillkännagivande • Oct 03
SoftBank Group Corp. to Report Q2, 2025 Results on Nov 12, 2024 SoftBank Group Corp. announced that they will report Q2, 2025 results on Nov 12, 2024 Tillkännagivande • Aug 07
SoftBank Group Corp. (TSE:9984) announces an Equity Buyback for 100,000,000 shares, representing 6.8% for ¥500,000 million. SoftBank Group Corp. (TSE:9984) announces a share repurchase program. Under the program, the company will repurchase up to 100,000,000 shares, representing 6.80% of its issued share capital for a total purchase price of ¥500,000 million. The purpose of the program is to enhance shareholder returns and to realize fair shareholder value. The purchased treasury stock will be cancelled. The program will expire on August 7, 2025. As of July 31, 2024, the company had 1,469,995,230 issued shares (excluding treasury stock) and 4,001,279 treasury shares. Tillkännagivande • Jul 12
SoftBank Group Corp. (TSE:9984) acquired Graphcore Limited. SoftBank Group Corp. (TSE:9984) acquired Graphcore Limited on July 11, 2024. Graphcore becomes a wholly owned subsidiary of SoftBank and will continue to operate under the Graphcore name. SoftBank Group Corp. (TSE:9984) completed the acquisition of Graphcore Limited on July 11, 2024. Tillkännagivande • Jun 08
Elliott Investment Management Calls for SoftBank Group Corp Share Buyback On June 5, 2024, Elliott Investment Management announced that it has called the SoftBank Group Corp for a $15 billion share buyback, and expects a buyback to deliver an immediate boost to the share price and act as a sign of the Company CEO Masayoshi Son's confidence in his strategy. Tillkännagivande • May 10
SoftBank Group Corp. Reportedly in Talks to Buy Graphcore SoftBank Group Corp. (TSE:9984) is in talks to acquire Graphcore Limited, a struggling British semiconductor startup once valued at $2.8 billion, according to people familiar with the deals. The two companies have held discussions over several months but entered into more advanced deal talks recently, said the people, who asked not to be identified discussing private matters. Financial terms haven’t yet been decided and the talks could still unravel, they said. A final agreement isn’t imminent, one person said. The talks come amid a surge in sales for SoftBank, thanks largely to its majority stake in another UK-based chip designer, Arm Holdings Plc. On Feb. 7, Arm reported a strong outlook for its expansion beyond smartphones into more artificial intelligence applications. Arm shares have soared by about 40% since. SoftBank didn’t immediately respond to requests for comment. A representative for Graphcore declined to comment. Tillkännagivande • Apr 30
South Korea to Consult Naver, After Report Firm Faces Japan Pressure to Divest Stake South Korea said on April 27, 2024 it will consult with NAVER Corporation (KOSE:A035420) after media reported that the domestic internet company was under pressure from Japan to divest from a venture, adding that its companies should not face discrimination. The South Korean foreign ministry was asked to respond to a Kyodo news agency report earlier this week that Japan's SoftBank Group Corp. (TSE:9984) was in talks to buy shares of LY Corporation (TSE:4689) from Naver after administrative guidance from Japan's internal affairs and communications ministry over a data leak last year. "The Korean government is firmly in the position that there should be no discriminatory measures against our companies. We will check Naver's position on the case and communicate with Japan's side if necessary," the ministry said in a statement. LY Corp. is majority owned by A Holdings, a joint venture between SoftBank and Naver, and operates Line, a messaging app popular in Japan and elsewhere in Asia. The media report prompted concerns in South Korea over possible political interference, with two incoming lawmakers from the Rebuilding Korea Party urging the South Korean government to take "strong action". Japan's internal affairs and communications ministry and SoftBank Group did not immediately reply to Reuters' requests for comment. Tillkännagivande • Apr 20
SoftBank Group Corp., Annual General Meeting, Jun 21, 2024 SoftBank Group Corp., Annual General Meeting, Jun 21, 2024, at 10:00 Tokyo Standard Time. Location: Tokyo Garden Theater, 2-1-6 Ariake, Koto-ku Tokyo Japan Agenda: To consider nominated candidates for the positions of Board Directors. Tillkännagivande • Apr 05
SoftBank Group Corp. to Report Fiscal Year 2024 Results on May 13, 2024 SoftBank Group Corp. announced that they will report fiscal year 2024 results on May 13, 2024 Tillkännagivande • Feb 08
Softbank Group Corp. Provides Dividend Guidance for the Fiscal Year Ending March 2024 Softbank Group Corp. provided dividend guidance for the fiscal year ending March 2024. For the year, the company expects dividend of JPY 22.00 against JPY 22.00 per share paid for the same period a year ago. Tillkännagivande • Jan 10
SoftBank Group Corp. to Report Q3, 2024 Results on Feb 08, 2024 SoftBank Group Corp. announced that they will report Q3, 2024 results on Feb 08, 2024 Board Change • Dec 28
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Keiko Erikawa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Tillkännagivande • Dec 07
Softbank May Offload $135-Million Worth Stake in Zomato Via Block Deal SoftBank Group Corp. (TSE:9984) is likely to sell $135 million worth of stake in the food delivery company through a block deal, according to news reports. The transaction will be done at INR 120.5 apiece, which is at a marginal discount to current levels. Softbank has been gradually paring stake in Zomato Limited (NSEI:ZOMATO) post the lock-in for Blinkit deal ended in August. As of June end, the Japanese investor, through its affiliate, held 3.35%, which came down to 2.17% in September. In August this year, it had sold about 1.17% in Zomato, which was valued at INR 9,470 million. Earlier in October, the Japanese tech giant had offloaded a 1.09% stake in the company. Marquee funds including Citigroup, Axis MF, Bandhan MF, ADIA, Fidelity, Goldman Sachs, Morgan Stanley, and Motilal Oswal, among others bought stakes through the deal. Zomato issued fresh equity shares to all the selling shareholders of Blinkit as consideration for the M&A last year. Following the transaction, Zomato had negotiated a 12-month lock-in for these shares, compared to the statutory lock-in requirement of six months. A majority of these shares are owned by just three venture capital investors, namely, Softbank, Sequoia, and Tiger Global. Tillkännagivande • Nov 17
Softbank Reportedly Set to Sell Delhivery Stake Worth $150 Million in Fresh Block Deal Masayoshi Son-led Japanese tech giant SoftBank Group Corp. (TSE:9984) is planning to sell part stake in leading logistics service provider Delhivery Limited (NSEI:DELHIVERY) and mop up around $150 million, multiple industry sources in the know told Moneycontrol. Moneycontrol was the first to report the story earlier on November 16. "Softbank is looking to sell around 4% stake in Delhivery via the block deal route. The deal size is around $150 million," said one of the persons above. Two other persons confirmed the block deal plans and added that Kotak Mahindra Capital Company Limited was the advisor to the proposed transaction. The three persons above spoke to Moneycontrol on the condition of anonymity. Softbank, Delhivery and Kotak Mahindra Capital could not be reached immediately for a comment. Softbank entity SVF Doorbell (Cayman) Ltd. currently holds 14.46% stake in Delhivery. Tillkännagivande • Oct 27
Softbank Group Corp. Announces Interim Distribution for the Fiscal Year Ending March 2024, Payable on December 8, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 2024 SoftBank Group Corp. announced interim distribution for the Fiscal Year Ending March 2024, payable on December 8, 2023. Dividend per share is JPY 22.00. Record date: September 30, 2023.The company provided dividend guidance for the fiscal year ending March 2024. For the year, the company expects dividend of JPY JPY 22.00 against JPY 22.00 per share paid for the same period a year ago. Tillkännagivande • Oct 20
SoftBank Reportedly to Offload 1.1% Stake in Zomato worth INR 10.24 Billion via Bulk Deal Japanese tech giant SoftBank Group Corp. (TSE:9984), through its affiliate SVF Growth (Singapore) Pte. Ltd., is likely to sell a 1.1% stake in food delivery company Zomato through block deals on October 20, 2023. According to reports, the offer price is set around INR 109.4-INR 111.6 per share and the transaction is valued at INR 10.24 billion. SoftBank holds a 2.17% stake in the company, at the end of September quarter. Tillkännagivande • Oct 05
SoftBank Group Corp. to Report Q2, 2024 Results on Nov 09, 2023 SoftBank Group Corp. announced that they will report Q2, 2024 results on Nov 09, 2023 Tillkännagivande • Sep 07
Kroger, Albertsons Reportedly in Talks to Sell Stores to C&S, Softbank C&S Wholesale Grocers, Inc. —with backing from SoftBank Group Corp. (TSE:9984)—is in talks to buy grocery stores that The Kroger Co. (NYSE:KR) and Albertsons Companies, Inc. (NYSE:ACI) are selling to win regulatory approval for their $25 billion merger, according to people familiar with the matter. C&S, which has partnered with SoftBank for the transaction, could announce a deal as soon as this week to acquire most or all of the stores they are unloading for antitrust reasons, said the people, asking not to be identified because the matter isn’t public. The companies said in October that they would spin off 100 to 375 stores if they couldn’t find buyers for them. Tillkännagivande • Aug 30
SoftBank Reportedly to Sell 1.17% Stake in Zomato Via Block Deal Japanese tech giant SoftBank Group Corp. (TSE:9984) is likely to sell about 100 million shares or 1.17% equity in food delivery platform Zomato Limited (NSEI:ZOMATO) via block deal on August 30, 2023, according to dealers. The deal price is said to be INR 94 per share, which will take the transaction value to about INR 9.40 billion. SoftBank, through its fund SVF Growth Pte Ltd, holds about 3.35% in the company, at the end of June quarter. The stake sale comes as the lock-in ended for the post- Blink Commerce Private Limited deal. Kotak Securities Limited will act as the broker to the deal. Zomato issued fresh equity shares to all the selling shareholders of Blinkit as consideration for the M&A last year. Following the transaction, Zomato had negotiated a 12-month lock-in for these shares, compared to the statutory lock-in requirement of six months. A majority of these shares are owned by just three venture capital investors, namely, Softbank, Sequoia and Tiger Global. On August 28, 2023, Tiger Global, through its affiliate Internet Fund III Pte, has exited Zomato by selling its entire stake. Marquee funds including Axis Mutual Fund, Goldman Sachs, Citigroup, Morgan Stanley Asia, Societe Generale picked up stake in the transaction. Tillkännagivande • Aug 10
Amazon Reportedly in Talks to Become Anchor Investor in ARM Ahead of IPO Amazon.com, Inc. (NasdaqGS:AMZN) is in talks about joining other technology companies as a cornerstone investor in SoftBank Group Corp.'s (TSE:9984) ARM Limited ahead of its initial public offering (IPO), people familiar with the matter said on August 8, 2023. Amazon's potential involvement in the IPO, which has not previously been reported, underscores Arm's significance in cloud computing. Amazon Web Services, the internet giant's cloud business, makes its own processing chip called Graviton, using Arm's design. Arm plans to list on the Nasdaq in early September, according to one of the people. The company is seeking to raise $8 billion to $10 billion, Reuters has reported. Arm and Amazon declined to comment. Arm has been in talks with about 10 technology companies, including Intel (INTC.O), Alphabet (GOOGL.O) and Nvidia (NVDA.O), about an investment ahead of its IPO, Reuters has reported. These investors would not gain any board seat or control, according to the sources. Arm is hoping that bringing cornerstone investors onboard will strengthen its ties with top customers and boost the IPO's appeal, one of the sources said. The IPO is expected to be a much-needed boon for SoftBank, which is battling to turn around its massive Vision Fund, after many of its bets on technology startups soured. Tillkännagivande • Jul 29
SoftBank Group Corp. to Report Fiscal Year 2023 Final Results on Jul 27, 2023 SoftBank Group Corp. announced that they will report fiscal year 2023 final results on Jul 27, 2023 Tillkännagivande • Jul 06
SoftBank Group Corp. to Report Q1, 2024 Results on Aug 08, 2023 SoftBank Group Corp. announced that they will report Q1, 2024 results on Aug 08, 2023 Tillkännagivande • Jun 17
SoftBank Looking To Book Profits by Selling Shares in Zomato, Paytm SoftBank Group Corp. (TSE:9984) is looking to book profits by selling small stakes in Paytm’s parent One97 Communications and Zomato Limited (NSEI:ZOMATO) as the new-age stocks rally, finally turning into profitable bets for the Japanese investment conglomerate. SoftBank may sell shares in the two companies in smaller tranches in the open market, rather than through block deals, sources told Moneycontrol. The investment bank paid around INR 65- INR 70 apiece for Zomato and INR 830- INR 840 for Paytm. On June 15, Paytm closed at INR 900 and Zomato at INR 74.95. Paytm has surged nearly 70% this year, while Zomato has gained 24%, due to a significant improvement in their financials. Moneycontrol’s queries to SoftBank did not elicit a response. Tillkännagivande • Jun 14
Intel in Talks to Be Anchor Investor in Arm IPO Intel Corporation (NasdaqGS:INTC) is in talks with SoftBank Group Corp.'s (TSE:9984) ARM Limited to be an anchor investor in the chip maker's initial public offering (IPO), a source familiar with the matter told Reuters on June 12, 2023. Arm plans to sell its shares on Nasdaq later this year, seeking to raise between $8 billion and $10 billion, Reuters reported earlier in April. It was not immediately clear what impact any IPO investment by one or more of those companies would have on Arm's commercial relationships. The chipmaker had filed with regulators confidentially for a U.S. stock market listing in April, setting the stage for this year's largest IPO. Arm and Intel did not immediately respond to a Reuters request for comment. Tillkännagivande • Jun 08
Link-U Inc. (TSE:4446) agreed to acquire 49% stake in Viewn Corp. from SoftBank Group Corp. (TSE:9984) and Zenpukuji Co., Ltd. Link-U Inc. (TSE:4446) agreed to acquire 49% stake in Viewn Corp. from SoftBank Group Corp. (TSE:9984) and Zenpukuji Co., Ltd. on June 6, 2023. As on March 31, 2023, Viewn Corp. generated net worth of ¥317 million, total assets of ¥560 million, sales of ¥1 billion and net income of ¥55 million. As per the transaction, Link-U Inc. will acquire 8,624 shares of Viewn Corp. The transaction is expected to close in August 2023. Tillkännagivande • May 24
Mubadala Capital along with Fortress management entered into definitive agreements to acquire 90.01% stake in Fortress Investment Group LLC from SoftBank Group Corp. (TSE:9984). Mubadala Capital along with Fortress management entered into definitive agreements to acquire 90.01% stake in Fortress Investment Group LLC from SoftBank Group Corp. (TSE:9984) on May 22, 2023. After transaction close, Fortress management is expected to own a 30% equity interest in the company and will hold a class of equity entitling Fortress management to appoint a majority of seats on the board. Mubadala Capital (which currently holds a 9.99% stake in Fortress through its Private Equity Funds II and III), will own 70% of Fortress equity. After the closing, Fortress will continue to operate as an independent investment manager under the Fortress brand, with full autonomy over investment processes and decision making, personnel and operations. Drew McKnight and Joshua Pack will be appointed co-Chief Executives of Fortress and Pete Briger will be appointed Chairman. Mubadala Capital’s Chief Executive Officer and Managing Director, Hani Barhoush, who has served on Fortress’ board since 2019, will continue to serve on the board. Dean Dakolias will continue in his role as Managing Partner and Tom Pulley will continue in his role as the Chief Executive Officer of the global Fortress Real Estate business. Jack Neumark has been appointed a Managing Partner and will continue to lead the Legal Assets business and co-head the Specialty Finance business, and Marc Furstein will continue in his role as President. Fortress co-Founders Wes Edens and Randy Nardone will continue to oversee the PCV business and remaining PE investments, including Brightline.
The deal is subject to customary closing conditions and regulatory approvals. The transaction is expected to close in the first quarter of 2024. Ardea Partners served as financial advisors and Shearman & Sterling served as legal counsel to Mubadala. Goldman, Sachs & Co. LLC served as financial advisor and Daniel Lavon-Krein, Christopher Gandia, Carlo Zenkner, Mark Schwed, Florence Zhang, Christopher Urruela Stauss, Scott Price, Sally Ye, Jocelyn Hirsch, Thomas Dobleman and Josh Korff of Kirkland & Ellis served as legal counsel to Fortress senior management in the transaction. Skadden, Arps, Slate, Meagher & Flom LLP represented Fortress in the transaction. The Raine Group served as exclusive financial advisor and Lauren Bellerjeau and Ken Siegel of Morrison Foerster served as legal counsel to SoftBank. Tillkännagivande • May 12
SoftBank Group Corp. Announces Dividend for the Fourth Quarter Ended March 31, 2023; Provides Dividend Guidance for the Second Quarter and Fourth Quarter of Fiscal Year Ending March 31, 2024 SoftBank Group Corp. announced dividend of JPY 22.00 per share for the fourth quarter ended March 31, 2023. The company provided dividend guidance for the second quarter and fourth quarter of fiscal year ending March 31, 2024. The company expects to pay dividend of JPY 22.00 per share for the second quarter of fiscal year ending March 31, 2024 compared to JPY 22.00 per share paid a year ago. The company expects to pay dividend of JPY 22.00 per share for the fourth quarter of fiscal year ending March 31, 2024 compared to JPY 22.00 per share paid a year ago. Tillkännagivande • May 11
SoftBank Nears Deal to Sell Fortress to Mubadala for Up to $3 Billion SoftBank Group Corp. (TSE:9984) is in late-stage talks to sell asset manager Fortress Investment Group LLC to Abu Dhabi-based sovereign wealth fund Mubadala Investment Company PJSC for as much as $3 billion, the Financial Times reported on May 10, 2023. The talks have been going on since last year and a deal, which will help Softbank pay down its debt, could be announced later this month, the report said, citing three people briefed on the matter. Son has championed the deal, hoping to get a price close to what the company paid for Fortress, the FT said. Softbank acquired Fortress in 2017 for $3.3 billion. Softbank, Fortress, and Mubadala did not immediately respond to Reuters' requests for comment. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥22.00 per share at 0.9% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Mexican dividend payers (5.9%). Lower than average of industry peers (2.7%). Tillkännagivande • Feb 09
Toyota Tsusho Corporation (TSE:8015) entered into an agreement to acquire 85% stake in SB Energy Corp. from SoftBank Group Corp. (TSE:9984). Toyota Tsusho Corporation (TSE:8015) entered into an agreement to acquire 85% stake in SB Energy Corp. from SoftBank Group Corp. (TSE:9984) on February 9, 2023. Upon completion of the Transaction, SB Energy will become a subsidiary of Toyota Tsusho with 85% stock ownership ratio and an affiliate of SoftBank Group with 15% stock ownership ratio. Reported Earnings • Feb 07
Third quarter 2023 earnings released: JP¥527 loss per share (vs JP¥12.07 profit in 3Q 2022) Third quarter 2023 results: JP¥527 loss per share (down from JP¥12.07 profit in 3Q 2022). Revenue: JP¥1.69t (up 6.0% from 3Q 2022). Net loss: JP¥783.4b (down JP¥812.5b from profit in 3Q 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Global Wireless Telecom industry. Tillkännagivande • Jan 07
SoftBank Group Corp. to Report Q3, 2023 Results on Feb 07, 2023 SoftBank Group Corp. announced that they will report Q3, 2023 results on Feb 07, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released: EPS: JP¥1,916 (vs JP¥237 loss in 2Q 2022) Second quarter 2023 results: EPS: JP¥1,916 (up from JP¥237 loss in 2Q 2022). Revenue: JP¥1.61t (up 7.1% from 2Q 2022). Net income: JP¥3.03t (up JP¥3.43t from 2Q 2022). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Global Wireless Telecom industry. Board Change • Nov 17
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Keiko Erikawa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 08 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Mexican dividend payers (6.4%). Lower than average of industry peers (4.8%). Reported Earnings • Aug 08
First quarter 2023 earnings released: JP¥1,943 loss per share (vs JP¥442 profit in 1Q 2022) First quarter 2023 results: JP¥1,943 loss per share (down from JP¥442 profit in 1Q 2022). Revenue: JP¥1.57t (up 6.3% from 1Q 2022). Net loss: JP¥3.16t (down JP¥3.92t from profit in 1Q 2022). Over the next year, revenue is forecast to grow 2.8%, compared to a 4.8% growth forecast for the industry in Mexico. Board Change • Jul 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent External Director Keiko Erikawa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • May 31
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. Founder, Chairman of the Board & CEO Masa Son is the most experienced director on the board, commencing their role in 1981. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 