3. Creating New Business through
Open Innovation- Creating New Value through the New Businesses of Overseas 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)Developing new business with cutting-edge technologies
| Target vision | Promotion of new business and social implementation using 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, stratosphere-based high-altitude platform station, autonomous mobility)
- Research, develop, and promote new technologies
| FY2023 | |
|---|---|
| KPIs | Results |
Promote initiatives for HAPS commercialization
|
Implemented the following initiatives for commercialization realization:
|
| FY2024 |
|---|
| KPIs |
| Pursuing initiatives to realize the NTN concept (FY2027)Update |
| Construction of a domestically produced LLM (Large Language Model) with 390 billion parametersNew |
(2)Incubate and spiral-up cutting-edge businesses overseas
| Target vision | Promotion of business operations in Japan |
|---|
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 business
- Roll out successful SoftBank Vision Fund projects in Japan and overseas through global partnerships
| FY2023 | |
|---|---|
| KPI | Result |
| Promote business start-up and development in new business areas | 6 businesses |
| FY2024 |
|---|
| KPI |
| Strategic partnerships and business investments in new business areasUpdate |
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
| FY2023 | |
|---|---|
| KPI | Result |
| Promote SoftBank InnoVenture commercialization | Considered commercialization: 7 projects (158 applications) |
| FY2024 |
|---|
| KPI |
| Promote SoftBank InnoVenture commercialization |
Related link
[Notes]
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*1
SoftBank Academia, SoftBank InnoVenture, SoftBank University
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*
Unless otherwise specified, the KPI metrics and targets, as well as results, are for SoftBank Corp. on a non-consolidated basis.
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*
“Main businesses” include initiatives by SoftBank Corp. and companies in the SoftBank Corp. Group.