SoftBank Group Corp. (SFTBY)

OTCMKTS: SFTBY · Delayed Price · USD
24.67
+0.74 (3.09%)
Apr 22, 2024, 4:00 PM EDT - Market closed
Market Cap 72.32B
Revenue (ttm) 43.27B
Net Income (ttm) -977.25M
Shares Out 2.93B
EPS (ttm) -1.07
PE Ratio n/a
Forward PE 196.08
Dividend $0.15 (0.62%)
Ex-Dividend Date Sep 28, 2023
Volume 652,312
Open 24.20
Previous Close 23.93
Day's Range 24.20 - 24.82
52-Week Range 17.95 - 31.04
Beta 0.79
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 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
3 hours 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,...

5 weeks 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
6 weeks 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.

7 weeks 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 ...

2 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."

2 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.

2 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...

2 months ago - Reuters

Arm Shares Extend Rally. SoftBank Comes Along for the Ride.

The huge run-up in Arm shares has been a windfall for SoftBank Group, the Japanese technology holding company, which had owned all of Arm before last year's stock offering.

Other symbols: ARM
2 months ago - Barrons

SoftBank sees new-found caution as secret weapon in AI arms race

For years, SoftBank Group splashed out billions on startups at near-peak valuations without batting an eye. Now founder Masayoshi Son's tech powerhouse is relying on a new weapon as it searches for th...

2 months ago - Reuters

SoftBank's Arm success is almost like a 'white swan' event, CLSA says

Oliver Matthew of CLSA discusses the surge in chip designer Arm's shares and the positive impact that its initial public offering success has had on SoftBank.

2 months ago - CNBC International TV

SoftBank shares extend their surge, pop more than 15% on earnings beat

Shares of SoftBank Group rose as much as 15.29% on Friday morning after the Japanese investment firm posted earnings that beat analysts' expectations.

2 months ago - CNBC

SoftBank Swings to Profit, Refocuses Strategy Around Arm

Japanese conglomerate SoftBank Group Corp. swung to its first profit after four quarters of losses. Min Jeong Lee reports on Bloomberg Television.

2 months ago - Bloomberg Markets and Finance

Arm's gains are SoftBank's gains

Not so long ago, things were looking bleak for SoftBank, the investment holding company headed by eclectic — and controversial — tech mogul Masayoshi Son. The Vision Fund, SoftBank's venture arm, post...

Other symbols: ARM
2 months ago - TechCrunch

SoftBank said it is shifting from 'Alibaba to AI' — here's what that means

SoftBank's Vision Fund posted its highest gain since the March quarter of 2021. The CFO talked about how the company is focusing on investments in artificial intelligence and has reduced its exposure ...

2 months ago - CNBC International TV

SoftBank Group Reports Net Profit on Improvement in Tech Investments

SoftBank Group reported its first quarterly net profit in more than a year thanks partly to an improvement in its tech investment funds business.

2 months ago - WSJ

Japan's SoftBank posts quarterly profit after four straight losses, driven by Vision Fund gains

SoftBank posted its first quarterly profit after four quarters of losses driven by massive gains at its flagship tech investment arm, the Vision Fund.

2 months ago - CNBC

SoftBank posts $6.6 bln profit, first in five quarters

SoftBank Group on Thursday posted a net profit of 985.5 billion yen ($6.6 billion) in the October-December quarter, ending a streak of four consecutive quarters in the red, as the value of publicly li...

2 months ago - Reuters

Exclusive: SoftBank-backed Cohesity in $3 bln deal for Veritas' data protection unit

SoftBank Group -backed Cohesity told Reuters on Wednesday it agreed to acquire the data protection business of information technology company Veritas, in a deal that sources said is worth about $3 bil...

2 months ago - Reuters

SoftBank shares jump after Arm's stock surges on better guidance

SoftBank Group shares rose sharply after U.S.-listed shares of chip-designer unit Arm Holdings surged overnight following a better-than anticipated outlook.

Other symbols: ARM
2 months ago - Market Watch

SoftBank nets $20 billion on Arm earnings pop, exceeding its total losses in WeWork

Chip design firm Arm reported strong earnings on Wednesday, giving Masayoshi Son's SoftBank a huge paper profit.

2 months ago - CNBC

SoftBank seen likely to log first quarterly profit in over a year

Japan's SoftBank Group is expected to post a net profit for the first time in five quarters when the tech investment giant reports earnings on Thursday, benefiting from strong gains in the value of it...

2 months ago - Reuters

SoftBank offloads another 2% in India's Paytm

SoftBank Group has sold an additional 2% in India's Paytm , the latest in a string of selldowns in the digital payments firm.

3 months ago - Reuters

SoftBank leads TravelPerk's $104 million fundraising, in a bet that AI will reshape corporate travel

Barcelona-based corporate travel startup TravelPerk said Tuesday it raised $104 million in a new equity round led by SoftBank's Vision Fund 2.

3 months ago - CNBC

TravelPerk Secures over $100m in Funding Led by SoftBank Vision Fund 2 to Expand Hyper-Growth Business Travel Platform

LONDON--(BUSINESS WIRE)--TravelPerk, the hyper-growth business travel management platform, today announces it has closed an additional $104m investment led by SoftBank Vision Fund 2 with significant p...

3 months ago - Business Wire