FMP
SoftBank Group Corp.
SFTBY
PNK
SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through five segments: Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Latin America Funds. The company offers mobile communications, broadband, and fixed-line communications services; and sells mobile devices. It is also involved in the internet advertising marketing, online advertising distribution, and e-book distribution services; planning and operation of fashion e-commerce website; mail-order sale of stationery and services; and design and development of mobile robots. In addition, the company designs microprocessor intellectual property and related technology; sells software tools; and generates, supplies, and sells electricity from renewable energy sources, as well as offers related services. Further, it provides alternative investment management, smartphone payment, PC software downloads, and banking services, as well as solutions and services for online businesses; distributes video, voice, and data content; manufactures, distributes, and sells IT-related products, as well as IT-related services; and manages funds. Additionally, the company operates a professional baseball team; and ITmedia, an IT information site, as well as manages and maintains baseball stadium and other sports facilities. It also plans and operates ZOZOTOWN, ZOZO, and ZOZOBASE websites. The company was formerly known as SoftBank Corp. and changed its name to SoftBank Group Corp. in July 2015. SoftBank Group Corp. was incorporated in 1981 and is headquartered in Tokyo, Japan.
25.4 USD
-0.17 (-0.669%)
Latest SFTBY News
Tony Dante
Feb 13, 2025
SoftBank Group Corp. Faces Financial Challenges Amid Strategic Shift Towards AI
SoftBank Group Corp., trading under the symbol SFTBY on the PNK exchange, is a Japanese multinational conglomerate known for its investments in technology, energy, and financial sectors. The company is particularly recognized for its Vision Fund, which invests in technology startups worldwide. SoftBank faces competition from other investment firms and technology giants, but it remains a significant player in the global market. On February 13, 2025, SoftBank reported an earnings per share (EPS) ...
Seeking Alpha
Aug 23, 2024
SoftBank: A Cheap Way To Buy Great Companies
SoftBank offers a high price discount over its NAV per share, providing an investment opportunity with double value. The Company serves as an instrument to buy private technological companies, offering access to high-growth potential investments. SoftBank's active share buyback program and conglomerate discount suggest a substantial premium in value over its current price, making it a compelling investment opportunity.
Reuters
Aug 22, 2024
SoftBank in talks to invest in Sharp but feasibility unclear, Kyodo reports
Japanese telecom company SoftBank Corp is in talks to invest about 100 billion yen ($684 million) in electronics maker Sharp Corp , but the feasibility of the deal remains unclear, Kyodo news agency reported on Thursday.
Proactive Investors
Aug 15, 2024
SoftBank and Intel reportedly plotted rival AI chip until discussions collapsed
Japanese conglomerate SoftBank was in talks with Intel Corp (NASDAQ:INTC, ETR:INL) to produce an artificial intelligence-focused chip to rival market-leading designs from dominant AI chipmaker Nvidia Corp. According to a Financial Times report citing “people familiar with the matter”, SoftBank planned to rope in the efforts of its portfolio companies Arm Holdings PLC (NASDAQ:ARM) and Graphcore to design the chip.
Reuters
Aug 15, 2024
SoftBank scraps AI chips tie-up plan with Intel, FT reports
Japanese technology investor SoftBank dropped plans of producing an artificial intelligence chip with Intel to compete with Nvidia, the Financial Times reported on Thursday.
Seeking Alpha
Aug 10, 2024
SoftBank Group Corp. (SFTBY) Q1 2024 Earnings Call Transcript
SoftBank Group Corp. (OTCPK:SFTBY) Q1 2024 Earnings Conference Call August 7, 2024 3:30 AM ET Company Participants Yoshimitsu Goto - Board Director & CFO Conference Call Participants Minoru Satake - Nikkei Newspaper Daisaku Masuno - Nomura Securities Operator Thank you very much for waiting, everyone. Now we would like to start SoftBank Group Corp. Earnings Results Announcement for the three-month period ended June 30, 2024.
CNBC
Aug 9, 2024
SoftBank-backed Indian EV startup Ola Electric pops 20% on debut valuing firm at $4.8 billion
Shares of Ola Electric surged 20% on their market debut on Friday, valuing the Indian electric vehicle startup at around $4.8 billion. Ola Electric priced its shares at 76 rupees ($0.91) raising the company more than $730 million via the initial public offering in Mumbai.
Proactive Investors
Aug 7, 2024
Arm-owner SoftBank wards off activists with $3.4bn buyback programme
Japanese technology conglomerate SoftBank announced a 500 billion yen ($3.42 billion) share repurchase programme in the first-quarter financial results. The announcement comes after famed activist investor Elliott Advisors built a minority stake in SoftBank, which owns British microchip giant Arm Holdings PLC (NASDAQ:ARM), in order to influence its shareholder return policy.
CNBC
Aug 7, 2024
SoftBank swings back to investment gain at Vision Fund, announces up to $3.4 billion share buyback
SoftBank Group booked a 1.9 billion yen ($12.9 million) investment gain on its Vision Fund tech investment arm in the company's fiscal first quarter ended June, swinging back into the black. The Japanese giant also announced it would buy back up to 6.8% of shares available amounting to up to 500 billion yen ($3.4 billion).
Reuters
Aug 7, 2024
SoftBank books $70.7 mln profit in Q1
Japanese technology investor SoftBank Group swung to a small net profit of 10.4 billion yen ($70.7 million) in the April-June quarter, helped by buoyant valuations of tech stocks and marking its third consecutive quarter of gains.
