3. Creating New Business through
open innovation- Creating New Value through the New Businesses of SoftBank Corp. Group Companies -
Develop cutting-edge technologies and innovative business models in Japan by
leveraging our relationships with global leading innovative companies.
Concurrently, promote the development of a highly-skilled workforce and the establishment of
an organization that supports the expansion and penetration of new businesses.
Sustainable development goals
SDGs value creation
(1)Develop new business models with cutting-edge technologies
We leverage cutting-edge technologies to create new businesses together with our partners, in anticipation of the era to come.
Main businesses
- Develop new businesses to promote the social implementation of digital technologies (mobility × AI: MONET Technologies Inc.; stratosphere-based
high-altitude platform station: HAPSMobile Inc.; autonomous mobility: BOLDLY Inc.)
| Representative KPI | FY2021 | FY2022 | |
|---|---|---|---|
| Target vision | Promotion of new business models and social implementation using cutting-edge technologies | ||
| 1 | KPI | Promotion of HAPS toward practical realization (FY2023) | Promote initiatives for HAPS commercialization (FY2027)Update |
| Result | Achieved international standardization of radio propagation prediction methods | - | |
| 2 | KPI | - | Promote business for solving social issues using unique electronic reference points*1 / ichimill*2 high-precision positioning service
|
| Result | - | - | |
[Note]
-
*1
Unique reference points established by SoftBank Corp. as fixed stations for receiving GNSS signals from a global
navigation satellite system (GNSS; a general term that includes quasi-zenith satellite systems, GPS, GLONASS and Galileo) -
*2
A service that enables positioning with a margin of error of only a few centimeters via RTK positioning (a method of high-precision positioning by
sending signals between a fixed station and a mobile station in real time) using signals from a GNSS, global navigation satellite system (GNSS; a general term that includes quasi-zenith satellite systems, GPS, GLONASS and Galileo), such as the Michibiki quasi-zenith satellite system
(2)Incubate and spiral-up cutting-edge businesses overseas
We strive to develop cutting-edge businesses in Japan, through partnerships including joint ventures and business alliances with companies engaged in cutting-edge businesses overseas.
Main businesses
- Roll out successful SoftBank Vision Fund projects in Japan and overseas through global partnerships (WeWork Japan, PayPay Corporation, DiDi Mobility Japan Corp., etc.)
| Representative KPI | FY2021 | FY2022 | |
|---|---|---|---|
| 1 | KPI | Promotion of business operations in Japan | |
| Result | Value up support: approx. 10 companies | Promote business start-up and development in new business areasUpdate | |
| Value up support: 5 companies New business / investment prospects considered: 8 companies |
- | ||
Related link
(3)Build systems to recruit and develop human resources to
lead growth and create new businesses
We promote the recruitment of personnel with a high level of expertise, and the formation of organizations that will be the key drivers to create new businesses, in anticipation of the era to come.
Main businesses
- Job posting system to shift human resources to new and growing businesses
- Allocate personnel to new businesses through improvements in operational efficiency
- Human resource recruitment, development, systems*1 and compensation necessary to create and promote new businesses
- Cutting-edge R&D
| Representative KPI | FY2021 | FY2022 | |
|---|---|---|---|
| 1 | KPI | Promote SoftBank InnoVenture commercialization | |
| Result | Considered commercialization of themes in line with the Beyond Carrier strategy: 4 projects (171 applications) |
- | |
Related link
[Notes]
-
*1
SoftBank Academia, SoftBank InnoVenture, SoftBank University
-
*
“Main businesses” include initiatives by SoftBank Corp. and companies in the SoftBank Corp. Group.