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  5. 3. Creating New Business through Open Innovation

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

3 GOOD HEALTH AND WELL-BEING 4 QUALITY EDUCATION 8 DECENT WORK AND ECONOMIC GROWTH 9 INDUSTRY,INNOVATION AND INFRASTRUCTURE 11 SUSTAINABLE CITIES AND COMMUNITIES 17 PERTNERSHIPS FOR THE GOALS

(1)Develop new business models with cutting-edge technologies

Develop new business models with cutting-edge technologies 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
  • Formindustry-academia consortium (FY2022)
  • Release infrastructure monitoring solution service(FY2022)New
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

SoftBank's Non-Terrestrial Network (NTN)
SoftBank's Non-Terrestrial Network (NTN)

(2)Incubate and spiral-up cutting-edge businesses overseas

Incubate and spiral-up cutting-edge businesses overseas 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

Build systems to recruit and develop human resources to lead growth and create new businesses 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)
-

[Notes]

  • *1

    SoftBank Academia, SoftBank InnoVenture, SoftBank University

  • *

    “Main businesses” include initiatives by SoftBank Corp. and companies in the SoftBank Corp. Group.

Six materialities (priority issues)