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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

  • Realize a secure and comfortable mobility society
  • Build a high-altitude communications network in the stratosphere
  • Provide opportunities for mobility through the practical utilization of
    self-driving vehicles
Representative KPI FY2021 FY2022
Target vision HAPS service provision
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 - Promotion of business for solving social issues using SoftBank's original Electronic reference point*1 / ichimill
  • Formation of industry-academia consortium (FY2022)
  • Implementation of service release of infrastructure monitoring solution(FY2022)New
Result - -

[Note]

  • *1

    Reference points established by SoftBank in the registration system for private electronic reference points

(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

  • Create global communities by providing innovative community-style workspaces
  • Enhance the efficiency of transportation by leveraging AI and data analytics technologies to provide taxi dispatch platforms
  • Promote a cashless economy through the spread of barcode and QR code payment settlements
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 consideration :
8 companies
-

(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 that aims to shift human resources to new businesses and growth businesses
  • Allocate personnel to new businesses through improvements in operational efficiency
  • Human resources recruitment and development systems*1 necessary to create and promote new businesses
Representative KPI FY2021 FY2022
1 KPI SoftBank InnoVenture commercialization promotion
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)