Summary of Earnings
Results Briefing
for Q1 FY2026

Date	Tuesday, August 4, 2026 4:00 pm - 5:16 pm
Speakers	SoftBank Corp. Junichi Miyakawa (President & CEO) Osamu Akiyama (Board Director, Senior Vice President & CFO)

Summary

At the earnings results briefing, Mr. Junichi Miyakawa, President & CEO of SoftBank Corp., discussed the consolidated results for Q1 FY2026.

Revenue for Q1 FY2026 was ¥1,814.7 billion, up 9% year on year. Revenue increased in all segments.
Operating income was ¥302.3 billion, up 4% year on year (Excluding one-time factor^*1, operating income was up 9% year on year). Profit increased in three segments (Enterprise, Distribution, and Financial). All segments are showing steady progress toward their full-year forecasts.
Net income attributable to owners of SoftBank Corp. was ¥150.1 billion, up 3% year on year (Excluding one-time factor^*1, net income attributable to owners of SoftBank Corp. was up 7% year on year).
Reflecting steady progress toward full-year forecasts, the progress rate for Q1 was 24% for revenue, 27% for operating income, and 27% for net income attributable to owners of SoftBank Corp.

Revenue increased by 11% year on year, and segment income increased by 28% year on year.
Disclosed the revenue outlook for Cloud & AI. Revenue is expected to grow at a CAGR of 30% from FY2025 (¥255.8 billion) to FY2027.
In July 2026, expanded the availability of "Patching as a Service" to 3,000 companies and commenced its full-scale rollout. Leveraging insights from early adopters, the service supports cybersecurity measures for corporate customers responsible for critical infrastructure.

Revenue increased by 4% year on year, and segment income decreased by 1% year on year.
Segment income progressed steadily toward growth on a full-year basis, with a progress rate for Q1 of 27% against the full-year forecast.
Mobile ARPU increased by ¥60 year on year. Following the price revisions, mobile ARPU is expected to increase by approximately ¥200 year on year from Q2 of FY2026, with the impact continuing through Q4.

Revenue increased by 10% year on year, and segment income excluding one-time factor^*1 increased by 19% year on year (Including one-time factor^*1, segment income decreased by 6% year on year).

Revenue increased by 27% year on year, and segment income increased by 76% year on year.
In June 2026, PayPay announced the acquisition of shares of T&D Financial Life Insurance Company (making it a subsidiary), aiming to strengthen insurance services.
On August 3, 2026, it was announced that SP.LINKS Inc. would become a subsidiary of SB Payment Service Corp. The two companies' combined online payment transaction volume will reach approximately ¥13 trillion, making it the largest in Japan. Annual synergies of approximately ¥10 billion are targeted over the medium to long term.

Announced on July 31, 2026.
SoftBank Corp., PayPay Corporation, and Sumitomo Mitsui Card Company, Limited will each invest ¥100.0 billion.
The Company will provide cutting-edge technologies, including AI, robotics, cybersecurity, and AI-powered energy management systems.
The alliance aims to create new customer experiences and realize next-generation lifestyle infrastructure.

In July 2026, SB Neo, Inc. was established as an operating company to support the expansion of neocloud business into the U.S.
SB Neo, Inc. is a consolidated subsidiary owned 51% by SoftBank Corp. and 49% by SoftBank Group Corp.
SoftBank Corp. and SoftBank Group Corp. will jointly promote neocloud business.
Financing through non-recourse loans is under consideration^*2.
The business aims to be develop in phases while maintaining financial soundness.
In the first quarter of the fiscal year ending March 31, 2027, we invested $1.0 billion (approximately ¥160.0 billion) in SB Energy (preferred interests in Energy Global, LP) to facilitate collaboration aimed at expanding the neocloud business in the United States. An equity transfer agreement of these preferred interests was concluded in July 2026. We expect to record a gain on the sale, although the amount has yet to be determined as of this time.^*3

[Notes]

*1
Operating income:
Q1 FY2025: Remeasurement gain on step acquisition of LINE Bank Taiwan Limited (¥14.5 billion)
Net income attributable to owners of SoftBank Corp.:
Q1 FY2025: Remeasurement gain on step acquisition of LINE Bank Taiwan Limited (¥4.5 billion)
*2
This represents the current assumptions and may be subject to change based on future discussions.
*3
The base transfer price for this transaction is $1.5 billion. However, as the final transfer price will be determined by reflecting the price adjustment stipulated in the equity transfer agreement based on valuations calculated by independent third-party institutions, the amount of the gain or loss arising from the transfer is currently undetermined.