SoftBank (9434) Investor presentation summary

Business environment and strategic vision

• Transitioning from AI build-out to social implementation and monetization, focusing on next-generation social infrastructure for a digital society.

• Emphasizing AI's central role in future business, with inference and real-world applications such as autonomous vehicles and robotics.

• Long-term vision targets completion of next-generation social infrastructure by 2030, with phased digital transformation and technology commercialization.

• Corporate philosophy centers on solving social issues through digital and AI transformation, sustainable networks, and resilient management.

• Revised materiality aims to enhance corporate value and realize a sustainable society.

Financial targets and capital allocation

• FY2030 targets: operating income of JPY 1.7 tn and net income of JPY 700 bn, aiming for record-high results.

• Dividend per share to increase steadily, targeting JPY 10 by FY2030, with additional returns if profits exceed expectations.

• Capital allocation prioritizes operating cash flow exceeding telecom CAPEX, continuous dividend increases, and strategic AI-related investments.

• Financial soundness maintained with adjusted net leverage ratio in mid-2x range and ROE around 20%.

• FY2026 forecast: revenue JPY 7.5 tn, operating income JPY 1.1 tn, net income JPY 560 bn.

Segment strategies and business growth

• Enterprise segment aims to double Cloud & AI revenue and operating income by FY2030, driven by AI data centers, sovereign cloud, and homegrown LLMs.

• Consumer segment targets continuous growth in mobile service revenue and operating income, leveraging new pricing plans and ecosystem synergies.

• Financial segment focuses on PayPay ecosystem expansion, U.S. Nasdaq listing, and strategic partnerships (e.g., Visa) to drive payment and financial services growth.

• Media & EC segment seeks to evolve customer experience with AI agents and recover from one-off impacts such as system outages.

• Innovative battery business to achieve over JPY 100 bn revenue by FY2030, with domestic manufacturing and phased deployment in AI data centers and grid-scale use.