Frequent Asked Questions

About SoftBank Corp.

About stock

About shareholder returns

About general meeting of shareholders

About earnings and financials

About SoftBank Corp.

  • What is your relationship with SoftBank Group Corp?

    SoftBank Corp. (the “Company”), consolidated to SoftBank Group Corp. is a primary operating company in the group of SoftBank Group Corp.

    SoftBank Corp. structure (Japanese)

  • When was SoftBank Corp. established?

    The Company was originally established on December 9, 1986 as Railway Telecommunication Co., Ltd. In 2006, it became a subsidiary of SoftBank Group. In 2015, it is merged with SoftBank BB Corp., SoftBank Telecom Corp. and Ymobile Corporation and its trade name was changed to SoftBank Corp.

    History

  • What kind of business do you do?

    SoftBank Corp. group is one of the leading platform companies in Japan, holding a nationwide telecommunications network, the internet media platform Yahoo! JAPAN, the payment platform PayPay, and the social media application LINE.
    In Consumer business, we provide mobile communications services, including sales of mobile devices and broadband services to consumers. In Enterprise business, we provide enterprise customers with mobile communication services, handset rentals, fixed-line phones, and network construction as telecommunication services, as well as a wide range of services and solutions, including cloud computing, security, IoT products and services, and digital marketing. In addition, we are developing the Distribution business, which is the founding business of the SoftBank Group, and other businesses such as settlement agency services.
    In June 2019, we made Z Holdings Corporation (formerly Yahoo Japan Corporation), one of Japan's largest internet companies, a consolidated subsidiary to develop Yahoo business. In March 2021, Z Holdings Corporation and LINE Corporation conducted business integration, thereby services including content and financial services based on messaging application LINE were added to the Yahoo business. Moreover, under our Beyond Carrier strategy, while we work to further grow the telecommunications business, we are introducing and deploying world-leading business models and technologies in Japan, leveraging our customer base, telecommunications networks, sales channels, payment platforms and other resources, through collaboration or establishment of joint ventures with Z Holdings Corporation, SoftBank Group portfolio companies, and various other business partners inside and outside of Japan.

  • What are SoftBank Corp's ESG initiatives?

    In April 2020, based on the concept of “A world where all things, information, and minds are connected”, we have identified six priority issues (materiality): “Building society and industry through DX”, “Connecting people and information to create new excitement”, “Creating new business through open innovation”, “Contributing to the global environment with the power of technology”, “Building high-quality social communication networks”, and “Developing a resilient management foundation”. We aim to enhance our corporate value and realize a sustainable society by addressing these issues through our Beyond Carrier strategy. We have also established the SDGs Promotion Committee, chaired by the CEO, as an advisory body to the Board of Directors to promote an integrated approach to our growth strategy and sustainability.

    For more information on our initiatives, please see Sustainability.

  • What kind of CSR activities do you do?

    We have decided on five areas of focus for CSR: “Promotion of an Information-Oriented Society,” “Development of the Next Generation,” “Consideration of the Needs of the Elderly,” “Conservation of the Environment and Precious Resources,” and “Disaster Response and Reconstruction Support.” We will work with group companies to bring about a society that enriches the lives of people throughout the world. We have CSR offices in the Tohoku, Tokai, Kansai and Kyushu areas in order to work closely with communities and help them find solutions to social issues. We also enable users to make donations when paying their monthly smartphone bills through optional services such as Charity Smile Donation, TsunagaruBokin, Charity White, etc. and to solve social issues through our business activities such as using ICT to support extracurricular activities.

    CSR

  • Please let me know your approach for disasters.

    We recognize that information is a lifeline and we make emergency preparations daily and work to ensure that our telecommunications facilities can recover as quickly as possible in the unlikely event of a disaster. In order to offer telecommunications services that can act as lifelines by continuing to function in the wake of a disaster, we are building a robust network and are setting up systems capable of responding rapidly when disaster strikes.
    Also, in preparation for emergency accidents, disasters, etc., we have concluded a Disaster Response Agreement with the Ministry of Defense and the Maritime Safety Agency to develop an action protocol for smooth cooperation, and set up a scheme to make sure the actions will be taken to rapidly restore telecommunications networks.
    We are deploying mobile power supply vehicles, mobile base station vehicles across Japan to retain uninterrupted communication services even during a power outage. In case the base station is unable to operate, we have developed a moored-balloon wireless relay system throughout Japan, that can relay the mobile base stations on the ground, moving with ships or vehicles.

    Disaster and Reconstruction Support

  • What is your view on parent company SoftBank Group Corp. and SoftBank Corp. as its subsidiary both listed on the stock exchange?

    SoftBank Corp. (the “Company”) listed its shares on the First Section of the Tokyo Stock Exchange in December 2018. Prior to that, the Company was a primary operating company in the telecommunications business field in Japan, as a subsidiary of SoftBank Group Corp.
    There are two main reasons why we became a public company.
    First, through the listing of our shares, we expect the respective roles and values of SoftBank Group Corp. and the Company to be clearly defined. SoftBank Group Corp. is a strategic holding company that aims to maximize the corporate value of the entire SoftBank group through global investment activities including the SoftBank Vision Fund. The Company is responsible for business operations in Japan. The two companies also have different business nature. SoftBank Group Corp. focuses on the effect of AI on the creation of new industries and invests in companies around the world that have superior AI business models and services, while the Company operates a relatively stable telecommunications-based various business mainly in Japan. Therefore, the investment results expected to be obtained by investing in each are also different. The Company believes that listing the Company's shares and making it independent will provide investment opportunities that combine stable and high shareholder returns with growth as an operating company that takes advantage of being a member of the SoftBank group. In addition, the Company believes that the possibility of a conflict of interest between the two companies is low, since SoftBank Group Corp. is an investment company and does not have business operation, while the Company is a business operation company.
    Second, due to the difference in business nature between SoftBank Group Corp. and the Company, the two companies need different management resources (people, goods, money, and information), and have different management decision points. Through the listing of our shares, we are able to speed up our decision-making process and maximize our corporate value through greater autonomous and transparent management, while receiving direct market evaluation.
    With these reasons, the Company believes that aiming to realize our corporate philosophy and maximize our corporate value while listing our shares on the stock exchange contribute to the interest of many of our stakeholders. On the other hand, we recognize that since our parent company SoftBank Group Corp. and the Company as its subsidiary are both listed on the stock exchange, it is vital to establish an effective corporate governance system, taking “Corporate Governance Code” into account, to maintain the Company's independence from SoftBank Group Corp., and to protect the minority shareholders of the Company.

    Please refer to Corporate Governance System for our corporate governance system.

  • What is your view on holding listed subsidiaries such as Z Holdings Corporation?

    As of March 31, 2020, the Company has 202 subsidiaries, including several listed subsidiaries. SoftBank Corp. and its subsidiaries (the “Group”) is engaged in a variety of businesses in the information and technology fields under the shared corporate philosophy of “Information Revolution — Happiness for everyone.” The Group respects the autonomy of its subsidiaries, and believes that each listed subsidiary should engage in business while being evaluated in the stock market, and that autonomous management that takes into consideration the interests of minority shareholders will contribute to the growth of each company. While ensuring the independence of its subsidiaries, the Company aims to create synergies and continue to evolve and grow together with them, with a view to maximizing the corporate value of the Group.
    The Group originally started as a small venture company, and even today we have an internal entrepreneurship system (“SB Innoventure”) that encourages employees to actively propose new businesses and actively create a venture-like corporate culture that challenges new businesses. We believe that such a culture of encouraging venture spirit is effective in motivating our subsidiaries to grow their businesses to the maximum possible extent. Therefore, we respect the independence of each of our listed subsidiaries and will not take any action that is contrary to the principle of shareholder equality.
    In principle, the Company dispatches directors and corporate auditors to each subsidiary (including listed subsidiaries) to establish a group risk management system that includes subsidiaries.
    In particular, given the risk of conflicts of interest between the Company and the general shareholders of the relevant listed subsidiary in management decision-making and transactions that fall under the category of transactions with the controlling shareholder, the Company encourages the relevant listed subsidiary to establish an effective governance system that effectively utilizes independent external directors in order to ensure independent decision-making by the relevant listed subsidiary.
    The Company has established the Subsidiaries and Affiliates Management Regulations for the purpose of managing the companies in which the Company invests, and requires prior approval of or reporting to the Company regarding important decision-making at subsidiaries. With respect to listed subsidiaries, from the perspective of their independence, the Company limits the items that require such prior approval only to the conclusion of contracts that include clauses that are binding on (including non-compete clauses) non-contracting parties, such as SoftBank Group Corp. and its subsidiaries and affiliates, so that the Company will not unfairly constrain their decision-making.
    Through our holding of the subsidiaries, common to each of the listed subsidiaries includes the improvement of name recognition and credibility, the securing of talented human resources, and the diversification of financing methods for the relevant listed subsidiary. The positioning in the Group's management strategy and the significance of ownership specific to each listed subsidiary are as follows.

    • Z Holdings Corporation
    • Z Holdings Corporation is a holding company whose subsidiaries include Yahoo Japan Corporation, one of the largest internet service providers in Japan, and became a consolidated subsidiary of the Company in June 2019. Since before the transaction, we have deepened our cooperation as we were under the same parent company SoftBank Group Corp. Specifically in addition to executing a business collaboration agreement regarding various telecommunications-related businesses beginning with “Yahoo! BB”, we have expanded our services for smartphone customers with our collaboration mainly in e-commerce, improved the comprehensive value of telecommunications and its related services through the realization of synergy effects, and differentiated ourselves from other carriers. In June 2018, we and Yahoo Japan Corporation incorporated the joint venture, PayPay Corporation, and embarked on endeavors to expand new businesses such as mobile payment service PayPay using bar codes and QR codes. Both the Company and Z Holdings Corporation believe that there are a wide range of synergies that can be created by the collaboration between our two companies, and the collaboration will be a key factor in our Beyond Carrier strategy to achieve growth in the non-telecom business fields. On the other hand, Z Holdings Corporation operates a highly neutral internet media business and has a broad customer base that is not limited to users of the Company. The Company believes that securing a certain degree of independence of Z Holdings Corporation will contribute to the enhancement of its business relationships and ultimately to the increase of its corporate value. The Company believes that maintaining the independence and autonomy of Z Holdings Corporation as a listed company, optimally allocating management resources based on an integrated strategy, and maximizing synergies, will contribute to improving the corporate value of the Group as a whole.

    • SB Technology Corp.
    • SB Technology Corp. is the core ICT services company of the Group. The Company believes that maintaining the independence and autonomy of SB Technology Corp. as a listed company, while it effectively uses its management resources such as the SoftBank brand and collaborates with other companies in the Group as a member of the Group, will contribute to improving the corporate value of the Group as a whole.

    • ITmedia Inc.
    • ITmedia Inc. specializes in media management that provides IT-related information on the internet. The Company believes that maintaining the independence and autonomy of ITmedia Inc. as a listed company and a media company, while it collaborates with other companies in the Group as a member of the Group, will contribute to improving the corporate value of the Group as a whole.

    • Vector Inc.
    • Vector Inc. is mainly engaged in the App Pass business (started the contracted operation of the Company's App Pass service in January 2019), the software sales business, and the site advertisement sales business. The Company believes that maintaining the independence and autonomy of Vector Inc. as a listed company, while it collaborates with other companies in the Group as a member of the Group, will contribute to improving the corporate value of the Group as a whole.

About stock

  • When was SoftBank Corp. listed?

    We were listed on December 19, 2018.

  • Where is SoftBank Corp. listed?

    It is listed on the Tokyo Stock Exchange First Section (TSE1).

  • What is SoftBank Corp.'s stock ticker code?

    9434.

  • What is the unit of share transactions (share unit number)?

    100 shares (share unit number).

  • How many outstanding shares of SoftBank Corp. are there?

    Please refer to General Stock Information.

  • Where can I find historical data on the share price of SoftBank Corp.?

    Please refer to Stock Price Chart.

  • Who is the administrative agent of the list of shareholders?

    Mizuho Trust & Banking Co., Ltd.

    • For inquires: Transfer Agent Division, Mizuho Trust & Banking Co., Ltd.
    • Tel:0120-288-324(toll free)
    • Business hours:Monday through Friday, 9:00 to 17:00 except national holidays
  • What is the procedure for the notification or change of name and address?

    Your securities company will be the contact for any change of registrations. If you do not have any specific securities company for the transaction, please contact the administrative agent of the list of shareholders (Mizuho Trust & Banking Co., Ltd.).

  • What is the procedure for the notification or change of registration for the shareholders who reside abroad?

    Your securities company will be the contact for any change of registrations. If you do not have any specific securities company for the transaction, please contact the administrative agent of the list of shareholders (Mizuho Trust & Banking Co., Ltd.).

  • What is the procedure for the notification or change of registration for the representative of corporation?

    Your securities company will be the contact for any change of registrations. If you do not have any specific securities company for the transaction, please contact the administrative agent of the list of shareholders (Mizuho Trust & Banking Co., Ltd.).

  • What is the procedure to specify a receiving method for dividend, or to change the bank account for transfer?

    Your securities company will be the contact for any change of registrations. If you do not have any specific securities company for the transaction, please contact the administrative agent of the list of shareholders (Mizuho Trust & Banking Co., Ltd.).

  • What is the procedure to sell fractional shares (shares less than 100)?

    Your securities company will be the contact for any purchase claim for fractional shares. If you do not have any specific securities company for the transaction, please contact the administrative agent of the list of shareholders (Mizuho Trust & Banking Co., Ltd.).

About shareholder returns

  • What is the policy for shareholder returns?

    Please refer to Shareholder Returns & Dividends for the policy.

  • What are the dividend record dates?

    The year-end dividend record date is March 31 and the interim dividend record date is September 30.

  • When are dividends paid?

    Year-end dividends are paid in June. Interim dividends are paid in December.

  • How much is dividend payment?

    Please refer to Shareholder Returns & Dividends.

About general meeting of shareholders

  • When is the general meeting of shareholders held?

    We hold an Annual General Meeting of Shareholders in late June of every year. Schedules are available at IR Calendar.

About earnings and financials

  • Where are the latest earnings results briefings online?

    Please see earnings results briefing materials at Events and Presentations on our website.

  • Where can I find the past performance online?

    Please see Financial Information on our website.

  • Where are key indices, such as ROE and interest-bearing debt balance?

    Please see Financial Highlights on our website.

  • What accounting principles are used for financial statements?

    We use International Financial Reporting Standards (IFRSs).

  • When are the earnings results announcements?

    We disclose earnings results quarterly. Earnings results announcement schedules are available at IR Calendar.

  • When is the fiscal year-end?

    Our fiscal year ends on March 31 of every year.