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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

SDGs value creation

(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 FY2022 FY2023
Target vision Promotion of new business models and social implementation using cutting-edge technologies
1 KPI Promote initiatives for HAPS -commercialization (FY2027) Promote initiatives for HAPS commercialization
  • Development of foundational technologies for realization of HAPS
  • High-performance lightweight battery commercialization (FY2025)
  • Practical application of highly efficient lightweight motors for stratosphere (FY2027)
  • Development of stratosphere-ready radio equipment for telecommunication services (FY2027)Update
Result Implemented the following initiatives for commercialization:
  • Telecommunication technology: Successful demonstration of cylinder antenna to achieve fixed footprint
  • Battery: Development of next-generation lithium metal battery cell battery packs, successful demonstration of operation in the stratosphere
  • Others: Development of a radio propagation simulator for HAPS that implements the ITU-R international standard model
 -
2 KPI Promote business for solving social issues using unique electronic reference point*1 / ichimill*2 high-precision positioning service
  • Form industry-academia consortium (FY2022)
  • Release infrastructure monitoring solution service (FY2022)
 -
Result
  • Formation of industry-academia consortium: Achieved
  • Service release of infrastructure monitoring solution: Achieved
 -

[Notes]

  • *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 Ubiquitous Network
SoftBank’s Ubiquitous Network

(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 FY2022 FY2023
Target vision Promotion of business operations in Japan
1 KPI Promote business start-up and development in new business areas
Result 9 businesses -

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 FY2022 FY2023
1 KPI Promote SoftBank InnoVenture commercialization
Result Considered commercialization: 5 projects (356 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.

Six material Issues