SoftBank Group Corp. (SFTBY)

OTCMKTS: SFTBY · Delayed Price · USD
26.87
+0.11 (0.41%)
May 15, 2024, 3:59 PM EDT - Market closed
Market Cap 78.78B
Revenue (ttm) 43.33B
Net Income (ttm) -978.55M
Shares Out 2.93B
EPS (ttm) -1.07
PE Ratio n/a
Forward PE n/a
Dividend $0.08 (0.28%)
Ex-Dividend Date Sep 28, 2023
Volume 451,830
Open 26.86
Previous Close 26.76
Day's Range 26.49 - 27.20
52-Week Range 17.95 - 31.04
Beta 0.81
Analysts n/a
Price Target n/a
Earnings Date Aug 8, 2023

About SFTBY

SoftBank Group Corp. provides telecommunication services in Japan and internationally. It operates through Investment Business of Holding Companies, SoftBank Vision Funds, SoftBank, Arm, and Other segments. The company offers mobile communications and solutions to enterprise customers, and broadband services to retail customers; and sells mobile devices and software tools, as well as related services. It also provides internet advertising and e-commerce services; payment and financial services; ICT services products to enterprise customers; and... [Read more]

Founded 1981
Employees 63,339
Stock Exchange OTCMKTS
Ticker Symbol SFTBY
Full Company Profile

Financial Performance

In 2022, SoftBank Group's revenue was 6.57 trillion, an increase of 5.61% compared to the previous year's 6.22 trillion. Losses were -789.80 billion, -45.99% less than in 2021.

Financial numbers in JPY Financial Statements

News

SoftBank has made a 'significant turnaround' from 2020, research firm says

Neil Shah, research vice president of Counterpoint Research, discusses SoftBank's quarterly results.

1 day ago - CNBC International TV

Jefferies shares its outlook for SoftBank's stock

Atul Goyal, managing director at Jefferies, discusses SoftBank's results.

1 day ago - CNBC International TV

SoftBank Posts Profit, Plans Aggressive AI Strategy

SoftBank Group Corp. announced plans to get more aggressive in artificial intelligence and other fields after the Japanese technology-conglomerate posted better-than-expected profit for the second qua...

2 days ago - Bloomberg Markets and Finance

SoftBank has almost fully pulled out of Alibaba stock

SoftBank says it has almost entirely pulled out of Alibaba Group Holding Ltd (NYSE: BABA). Shares of the Chinese tech titan are still up some 4.0% on Monday.

Other symbols: BABA
2 days ago - Invezz

SoftBank's $184 billion portfolio key to beating AI rivals, says Vision Fund CFO

Japanese technology investor Softbank Group believes it has an advantage over smaller rivals because it can leverage its entire $183.6 billion portfolio to help it build an ecosystem of firms that can...

2 days ago - Reuters

SoftBank Commits $5 Billion to AI After Three Years of Losses

The Japanese investment company said its net asset value nearly doubled thanks to the rising share price of its U.K. chip-design unit, Arm.

2 days ago - WSJ

SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion

SoftBank posted a 7.24 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.

2 days ago - CNBC

SoftBank swings to Q4 profit of $2.1 bln

Japanese technology giant SoftBank Group swung to a quarterly profit on Monday, reporting a net profit of 328.9 billion yen ($2.11 billion) for the January-March period.

2 days ago - Reuters

SoftBank's Arm to reportedly launch AI chips by 2025 to capture explosive demand

The U.K.-based chip designer, in which SoftBank has a 90% stake, will set up an AI chip unit to build a prototype by spring 2025, according to the report.

Other symbols: ARM
3 days ago - CNBC

SoftBank seen returning to loss in Q4 despite tech stock strength

Japanese technology investor SoftBank Group is expected to slip back into the red when it reports earnings on Monday despite technology stocks including Arm Holdings , , its core asset, performing wel...

5 days ago - Reuters

SoftBank in talks with Naver over control of Line operator LY

SoftBank CEO Junichi Miyakawa said on Thursday that the Japanese telecommunications firm is in talks with South Korea's Naver over control of LY Corp , which operates the popular messaging app Line.

6 days ago - Reuters

SoftBank, Microsoft, Nvidia just invested a record $1 billion in UK-based AI firm Wayve, but why?

A UK-based firm, Wayve, specializing in artificial intelligence (AI) technology for self-driving cars, has raised a groundbreaking $1.05 billion (£840 million) in what marks the largest investment in ...

Other symbols: MSFTNVDA
7 days ago - Invezz

SoftBank in talks to buy AI chipmaker Graphcore, Bloomberg reports

Japan's SoftBank Group is in talks to buy artificial intelligence (AI) chipmaker Graphcore, Bloomberg News reported on Wednesday, citing people familiar with the matter.

7 days ago - Reuters

Self-driving startup Wayve just raised $1 billion from Nvidia, SoftBank, Microsoft and more

British self-driving car technology startup Wayve on Tuesday said it had raised $1.05 billion in an investment led by Japan's SoftBank.

Other symbols: MSFTNVDA
8 days ago - CNBC

SoftBank leads $1 billion funding for UK self-driving startup Wayve

British self-driving technology startup Wayve said on Tuesday it has raised $1.05 billion in a funding round led by SoftBank Group to accelerate the development and launch in production-model vehicles...

9 days ago - Reuters

Wayve raises $1 billion to take its Tesla-like technology for self-driving to many carmakers

Wayve, a UK-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed a $1.05 billion in Series C funding led by SoftBank Group. This is the UK's largest...

9 days ago - TechCrunch

Softbank reportedly planning to spend $960 million to develop its own AI model

CNBC's Deirdre Bosa joins 'Power lunch' to discuss Softbank's generative AI push.

22 days ago - CNBC Television

SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia's chips

SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.

Other symbols: NVDA
22 days ago - CNBC

Report: Softbank Considers Investing in Mistral AI

Japan's SoftBank is reportedly weighing an investment in French artificial intelligence (AI) startup Mistral AI. The tech giant has shown interest in backing Mistral the next time it does fundraising,...

2 months ago - PYMNTS

Even a small sale by Softbank could lead to a huge decline in Arm shares, says Ben Harburg

Ben Harburg, Managing Partner at MSA Capital, discusses Arm's post-IPO lockup period expiration.

Other symbols: ARM
2 months ago - CNBC Television

Japan's SoftBank cuts stake in India's Paytm

SoftBank Group Corp has sold a stake of 2.17% in beleaguered Indian payments firm Paytm , an exchange filing showed on Thursday.

2 months ago - Reuters

Saudi tech firm Alat to partner with SoftBank, others

Saudi Arabian tech company Alat, owned by the country's Public Investment Fund, on Tuesday announced partnerships with four companies including Softbank Group and Carrier Corp , as it seeks to create ...

3 months ago - Reuters

Portfolio manager says Softbank's Arm is still in its early stages of growth

Richard Kaye, a portfolio manager at Comgest, says Arm's share price, which has "moved dramatically" since its listing, has "started to understand that."

3 months ago - CNBC International TV

SoftBank's $118 Billion Arm Problem

The Japanese firm may have limited time to solve the challenge presented by its stake in the thriving British chip designer.

3 months ago - WSJ

SoftBank's Son is seeking about $100 Bln for AI chip venture - Bloomberg News

SoftBank Group Chief Executive Officer Masayoshi Son is looking to raise up to $100 billion for a chip venture that will rival Nvidia Corp , Bloomberg News reported on Friday, citing people with knowl...

3 months ago - Reuters