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SoftBank Group Corp.
TYO: 9984
Minato, Tokyo, Japan
Current Stock Price
¥ 2,450
+1.2% (¥29)
Today
Company Overview
SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo. SoftBank owns stakes in many technology, energy, and financial companies. It operates the Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital.
Company Details
- Founded
- 1981
- Industry
- Telecommunications, Technology Investment
- Employees
- 79,057 (2023)
Key Products/Services
- Telecommunications services
- Vision Fund investments
- Arm Holdings (semiconductor technology)
Recent Developments
SoftBank has been restructuring its investment strategy following significant losses in its Vision Fund. The company is focusing on AI investments and preparing for the IPO of Arm Holdings, which could be one of the largest semiconductor IPOs in history. SoftBank is also reducing its stake in Alibaba to improve its financial position.