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Japanese conglomerate company

SoftBank Group Corp.

Native name

 ソフトバンクグループ株式会社

Romanized proper name

 SofutoBanku Gurūpu Kabushiki gaisha
Type Public KK

Traded every bit
  • TYO: 9984
  • TOPIX Core30 component
  • Nikkei 225 component
ISIN JP3436100006
Industry Conglomerate
Founded iii September 1981; 40 years ago  (1981-09-03)
Founder Masayoshi Son
Headquarters Tokyo PortCity Takeshiba,

Minato-ku, Tokyo

,

Japan

Cardinal people

 Masayoshi Son
(Chairman and CEO)
Products
  • Investment
  • Cyberspace
  • Cyberspace of Things
  • Artificial Intelligence
  • Robotics
  • E-commerce
Revenue Decrease US$56.832 billion (2020)[1]

Operating income

 Negative increase U.s.$−12.539 billion (2020)[1]

Net income

 Negative increase The states$−7.357 billion (2020)[1]
Total assets Increase Usa$342.34 billion (2020)[1]
Total equity Decrease U.s.a.$67.747 billion (2020)[1]
Possessor
  • Masayoshi Son (21.45%)[1]
  • Master Trust Bank (10.45%)
  • JPMorgan Chase (7.45%)
  • Japan Trustee (5.87%)

Number of employees

 Increase lxxx,909 (2020)[1]
Subsidiaries
  • SoftBank Corp. (40%)
  • SoftBank Investment Advisers
  • SB Creative
  • Alibaba Grouping (24.9%)
  • WeWork
  • Z Holdings (32.65%)
  • Coupang (37%)
  • Fortress Investment Group
  • Aldebaran Robotics (95%)
  • SoftBank C&S
  • SoftBank Payment Service Corp.
  • Fukuoka SoftBank Hawks
Website group.softbank

SoftBank Group Corp. ( ソフトバンクグループ株式会社 , SofutoBanku Gurūpu Kabushiki-gaisha ) [2] is a Japanese multinational conglomerate belongings company headquartered in Minato, Tokyo, and focuses on investment management.[three] The Group primarily invests in companies operating in technology, free energy, and fiscal sectors. It also runs the Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital. Fund investors include sovereign wealth funds from countries in the Middle Due east.[iv] [5] [6]

The company is known for the leadership of its founder and largest shareholder Masayoshi Son.[7] It operates in broadband, fixed-line telecommunication, e-commerce, it, finance, media and marketing, and other areas. SoftBank Corporation, its spun-out chapter and former flagship business, is the third-largest wireless carrier in Nihon, with 45.621 meg subscribers as of March 2021.[eight]

SoftBank was ranked in the 2017 Forbes Global 2000 list as the 36th largest public company in the world[9] and the second-largest publicly traded visitor in Japan after Toyota.[10]

The logo of SoftBank is based on the flag of the Kaientai, a naval trading company founded in 1865, virtually the end of the Tokugawa shogunate, by Sakamoto Ryōma.[eleven]

Although SoftBank does not chapter itself to any traditional keiretsu, it has shut ties with Mizuho Financial Grouping, its primary lender.[12]

History [edit]

Founding and early on years [edit]

SoftBank was founded in September 1981 as a SOFTBANK Corp by and then-24-twelvemonth-old Masayoshi Son, initially as a software distributor. The company entered the publishing business concern in May 1982 with the launches of the Oh! PC and Oh! MZ magazines, well-nigh NEC and Precipitous computers respectively.[thirteen] Oh!PC had a apportionment of 140,000 copies by 1989.[14] It would go on to become Japan's largest publisher of figurer and applied science magazines and trade shows.

In 1994, the company went public, valued at $3 billion.[14] In September 1995, SoftBank agreed to purchase US-based Ziff Davis publishing for $2.i billion.[xv]

1995–2009 expansion [edit]

SoftBank bought COMDEX from The Interface Group on ane April 1995 for $800 million and ZDI on 29 February 1996.[16] [17] SoftBank sold COMDEX to Key3Media, a spin-off of Ziff Davis, in 2001.[18]

In the 1990s, Son made big investments in internet services. In 1996, SoftBank formed a articulation venture with American internet company Yahoo!, creating Yahoo! Japan, which would become a dominant site in the land.[19]

In October 1999, SoftBank became a belongings visitor.[20] In 2000, SoftBank fabricated its most successful investment – $20 million to a then-fledgling Chinese Net venture called Alibaba.[21] This investment turned into $60 billion when Alibaba went public in September 2014.[22] [23]

In February 2000, SoftBank Ventures Asia was founded nether the leadership of Masayoshi Son to focus on investment in Korean-based Internet companies.[24]

On 28 Jan 2005, SoftBank became the owner of the Fukuoka SoftBank Hawks, a Nippon Professional Baseball team. On 17 March 2006, SoftBank appear its understanding to buy Vodafone Japan, giving it a stake in Japan's $78 billion mobile markets. In April 2006, SoftBank purchased a 23% stake in Betfair, an Internet betting exchange. In August 2006, SoftBank sold all its shares of SBI Group to a subsidiary of SBI's holding company, making SBI independent. On 1 Oct 2006, Vodafone Nihon changed its corporate name and service brand name to "SoftBank Mobile" and "SoftBank" respectively.[25]

On 28 Jan 2008, it was announced that SoftBank and Tiffany & Co. collaborated in making a express ten model-only phone. This phone contains more than than 400 platinum diamonds, totaling more than than 20 carats. The cost is said to be more 100,000,000 yen.[26]

2010–2016 acquisitions [edit]

On 3 February 2010, SoftBank caused 13.seven% in Ustream.[27] On 1 October 2010, Ayumi Hamasaki became the commercial spokesperson.[28]

On 3 Oct 2012, the takeover of competitor eAccess was announced.[29] On 1 July 2013, SoftBank announced that Willcom was a wholly-owned subsidiary, after the termination of rehabilitation proceedings. eAccess was merged with Willcom, which resulted in a new subsidiary and brand from Yahoo! Japan, Ymobile Corporation.[30]

On 15 October 2012, SoftBank appear plans to accept control of American Sprint Nextel by purchasing a seventy% stake for $20 billion.[31] On six July 2013, the Us Federal Communications Commission canonical SoftBank'due south conquering for $22.two billion for a 78% ownership interest in Dart.[32] On 6 August 2013, SoftBank bought 2% more shares of Sprint Corporation, increasing its ownership stake to 80%.

In October 2013, SoftBank acquired a 51% stake in Supercell for a reported $2.1 billion. Afterward on 25 October 2014, they invested $210 million in OlaCabs,[33] $627 million in Snapdeal with a thirty% stake in the company on 28 Oct 2014, and a $100 million investment in Housing.com for a thirty% pale in November 2014.[34]

In 2013, the visitor bought a controlling stake in French company Aldebaran Robotics, which was rebranded SoftBank Robotics. In 2014, teams from both companies co-designed Pepper, a humanoid robot. In 2015, SoftBank increased its stake to 95%.[35] [36]

In 2015, SoftBank acquired DramaFever.[37] In May 2015, Masayoshi Son said he would appoint Nikesh Arora, a sometime Google executive, as Representative Manager and President of SoftBank. Arora had been heading SoftBank's investment arm.[38] On 1 June 2015, SoftBank caused an additional 22.7% pale in Supercell, increasing its total stake to 73.2% and becoming the sole external shareholder of the visitor.[39] In June 2015, SoftBank announced it would invest US$1 billion in the Korean east-commerce website Coupang every bit part of its overseas expansion plans.[40]

In July 2015, SoftBank announced the renaming of the company from SoftBank Corp to SoftBank Group Corp. Meanwhile, SoftBank Mobile was renamed to SoftBank Corp, the now-former proper name of the company as a whole.[41] On 16 February 2016, SoftBank announced they would repurchase a record xiv.2% of shares, valued at $4.4bn, to boost investor conviction.[42] On 31 March 2016, they announced they would sell shares worth $7.ix billion of their pale in Alibaba Group. On 21 June 2016, SoftBank sold its 84% stake in Supercell for a reported United states$vii.3 billion to Tencent.[43] On three June 2016, Softbank agreed to sell almost of its stake in GungHo Online Amusement (approximately 23.47%) for well-nigh $685 meg, ending Softbank's majority buying.[44] [45] [46] The offer was completed by 22 June.[47] [48]

In June 2016, Nikesh Arora stepped down amongst pressure from investors. Board member Ron Fisher and Baer Majuscule Partners founder Alok Sama undertook Arora's overseas investment duties.[49] One month later,[50] Son announced the company'southward largest deal ever to buy British chip designer ARM Holdings for more than The states$32 billion.[51] [52] This acquisition was completed on 5 September 2016.[53]

On 6 December 2016, after meeting with The states President-elect Donald Trump, chief executive Masayoshi Son announced SoftBank would be investing US$50 billion in the Usa toward businesses creating 50,000 new jobs.[54] [55] [56]

2017–2018 [edit]

On 30 Jan 2017, the Wall Street Journal wrote that SoftBank Grouping was "weighing an investment of well over $1 billion in shared-office space company WeWork, in what could be among the first deals from its new $100 billion technology fund."[57] On twenty March, SoftBank bought a $300m stake in WeWork.[58] On 14 February 2017, SoftBank Grouping agreed to purchase Fortress Investment Grouping LLC for $3.3 billion.[fifty] In February 2017, information technology was announced that Social Finance Inc. was close to raising $500 meg from an investor grouping led past Silverish Lake, including Softbank.[59] On 28 March 2017, the Wall Street Journal reported that SoftBank Group Corporation had approached Didi Chuxing Engineering Co. about investing $six billion to help the ride-hailing firm expand in self-driving auto technologies, with the bulk of the coin to come up from SoftBank'southward planned $100 billion Vision Fund.[60]

On 18 May 2017, information technology was reported that Softbank had completed its single largest investment in India to engagement, investing $i.4 billion in Paytm. At the time, Softbank was also working on a takeover of Flipkart's Snapdeal.[61] On 10 August 2017, Softbank invested $2.5 billion in Flipkart.[62]

On 27 May 2017, Softbank and the Public Investment Fund of Saudi Arabia (PIF), the kingdom'southward main sovereign wealth fund, partnered to create the Softbank Vision Fund, the earth'southward largest private disinterestedness fund with a uppercase of $93 billion.[63] Softbank Grouping contributed $28 billion to the investment fund, of which $8.2 billion came from the auction of approximately 25% of British multinational Arm Holdings shares.[64] Kingdom of saudi arabia is the main investor in the fund, its Public Investment Fund (PIF) agreed to inject $45 billion into the Vision Fund over 5 years, condign its largest investor.[65] Other investors include Apple, Qualcomm, ARM, Foxconn, Sharp, Larry Ellison and Mubadala.[66] The latter agreed to invest $15 billion dollars in the fund, targeting artificial intelligence, communications infrastructure, financial technology, consumer internet, mobile computing and robotics.[67] Through Softbank Vision Fund, CEO Masayoshi Son explained his intent to invest in all companies developing technologies emphasizing global bogus intelligence, including sectors such as finance or transportation.[68] In July 2019, SoftBank announced creating of a "Vision Fund 2", excluding participation from the Saudi Arabia regime and including investors Apple, Foxconn, Microsoft and others. The fund is reported to focus on AI-based technology and invest approximately $108 billion, including $38 billion of its ain funds.[69] In February 2020, however, a report from Wall Street Periodical stated the fund would only up with less than one-half of that uppercase.[70]

On 8 June 2017, Alphabet Inc. announced the auction of Boston Dynamics (robotics companies whose products include BigDog) to SoftBank Group for an undisclosed sum.[71] On 25 August 2017, SoftBank finalized a $4.four billion investment in WeWork.[72] On 24 Oct 2017, Son announced the group would interact with Saudi arabia to develop Neom, the new high-tech business and industrial metropolis of the Saudi Kingdom.[73] On fourteen November 2017, Softbank agreed to invest $ten billion into Uber.[74] On 29 Dec 2017, it was reported that a SoftBank-led consortium had invested $nine billion into Uber. The bargain, to close in January 2018, would leave SoftBank as Uber's biggest shareholder, with a xv percentage stake.[75] The deal was secured after Uber shareholders voted to "sell their shares to the Japanese conglomerate at a discounted toll." Beyond SoftBank, consortium members included Dragoneer, Tencent, TPG and Sequoia.[76]

On 14 January 2018, Softbank's Vision Fund announced to invest $560 million in the German language used-car sales portal Auto1.[77] On ane March 2018, Softbank's Vision Fund led a $535 million investment in DoorDash.[78] In May 2018, CEO Masayoshi Son revealed during an earnings presentation that Walmart had reached a deal to buy Flipkart.[79] On 27 September 2018, Softbank announced the investment of $400 Million in Home-Selling Startup Opendoor.[fourscore]

In September 2018, Saudi authorities officials announced that a planned $200 billion project with SoftBank Group to build the globe'south biggest solar-power-generation project would be put on concur.[81] In Nov 2018, SoftBank announced it would brand an IPO with the cost of share of $13.22 (which is 1,500 yen). The offer of the shares was going to last for a month. Regarding the number of shares, the total value of SoftBank will reach $21.15 billion, which would be the second-largest IPO ever made.[82]

In December 2018, SoftBank invested in ParkJockey. The startup attempts to monetize parking lots. After the investment round, general valuation of the ParkJourney reached $1 billion.[83]

In December 2018, SoftBank appear its intention to invest $i billion on ride-hailing startup Catch. Some sources said that the total corporeality of investment could reach $ane.5 billion.[84]

2019–2021 [edit]

On 25 September 2019, Softbank Robotics launched Whiz in Singapore.[85]

In September 2019, WeWork'due south IPO was canceled.[86]

In Dec 2019, Softbank sold its interest in dog-walking startup Wag at a loss.[87] Tadashi Yanai, Fast Retailing's CEO and Nippon'southward richest homo at the fourth dimension, left the board later on 18 years.[88]

In January 2020, multiple Softbank-funded startups started cut their staff, including Getaround, Oyo, Rappi, Katerra and Zume.[89] In February 2020, Elliott Management, an activist hedge fund, bought a $2.v billion stake in Softbank and pushed for restructuring and more transparency, especially regarding its Vision Fund.[xc] Consequently, plans for a second Vision Fund were pushed dorsum.[91]

In November 2019, it was announced that Line Corp. and Z Holdings were going to be a new subsidiary under Naver Corporation and SoftBank Group, their corresponding owners.[92] The closing was delayed until March 2021 due to COVID-19.[93]

In March 2020, SoftBank appear that information technology was launching an emergency ¥iv.5tn ($41bn) asset sale to fund a share buyback and debt reduction. The attempt was initiated past Son in order to stem a collapse in the company's share price due to the pandemic, "This programme will exist the largest share buyback and will result in the largest increase in cash residue in the history of SBG [SoftBank Grouping], reflecting the firm and unwavering confidence we accept in our business concern.". After the programme was unveiled, Softbank share cost rose almost 19%. The program included a program to repurchase ¥2tn of its shares in addition to the ¥500bn buyback it promised 10 days prior. Combined, SoftBank would be repurchasing 45% of its stock.[94]

On 1 April 2020, Sprint completed its merger with T-Mobile U.s., which was majority-owned past Deutsche Telekom, leaving T-Mobile the parent company. The merger likewise led to Softbank holding 24% of the new T-Mobile'due south shares, while 43% of shares are held past Deutsche Telekom. The remaining 33% will be held by others. In May 2020, Alibaba'due south co-founder and former CEO Jack Ma resigned from the board.[95]

In July 2020, SoftBank announced that information technology is because to sell or IPO British fleck designer Arm Holdings, which has been in a feud with the Chinese over control of its local subsidiary, just it did non have the majority buying due to a decision made by Softbank to sell off the stake to the local partner.[96] [97] For Q2 of 2020, the company revenues were $12 billion. The business firm announced that it would be arranging a new fund worth $555 one thousand thousand. The fund will be used to invest in various companies, including Amazon, Apple and Facebook.[98]

In September 2020, SoftBank Vision Fund 2 led a $100 1000000 Serial C round in Biofourmis.[99] Also in September 2020, Softbank was identified every bit the Nasdaq whale where it bought stock options valued in the billions, betting on higher prices for the biggest technology companies.[100] [101] [102] [103] That month SoftBank sold Brightstar Corporation to Brightstar Capital letter Partners for an undisclosed amount.[104] [105]

American chip designing company Nvidia announced plans on 13 September 2020 to larn ARM from SoftBank, pending regulatory approval, for a value of US $40 billion in stock and greenbacks, became the largest semiconductor acquisition to engagement. SoftBank Group is to retain a 10% share in the company while ARM maintains its headquarters in Cambridge.[106] [107] [108]

In December 2020, Hyundai Motor Group caused an lxxx% pale of Boston Dynamics from SoftBank for approximately $880 million. SoftBank retains virtually 20% through an affiliate.[109]

In January 2021, SoftBank sold $2 billion in Uber Technologies shares through affiliate firm SB Cayman.[110]

In March 2021, SoftBank made a record $36.99 billion profit from its Vision Fund unit of measurement and investment gains via the public market debut of Coupang.[111] SoftBank Grouping's cyberspace profit was $45.88 billion (¥four.99 trillion).[111] It was the largest recorded annual profit past a Japanese company in history.[111] The same month, Softbank's Vision Fund 2 announced investment in the eToro SPAC merger Pipe funding of $650 million.[112]

In Apr 2021 Softbank announced plans to acquire a 40% pale in AutoStore for $2.8 billion and in July 2021 it announced it would invest $870 million in the Korean hotel booking platform Yanolja.[113]

In May 2021, Softbank stated it would sell SB Energy Republic of india, to Adani Green Energy, valuing the unit at $3.5 billion. The sale is speculated to marker a shift in the company'south trajectory, moving away from investments in solar energy towards companies dealing with artificial intelligence.[114] [115] [116] Afterward that month, Bloomberg reported, Vision Fund could go public via a $300 1000000 SPAC in 2021, list in Amsterdam.[117]

In July 2021, Softbank announced that information technology would acquire the Yahoo Japan brand from Verizon for $ane.6 billion.[118] [119]

In August 2021, Son said he would begin to make personal investments aslope Softbank Group's Vision Fund 2.[120]

In September 2021, Softbank agreed to sell most of its shares in T-Mobile US to Deutsche Telekom in exchange for a four.v% stake in the latter.[121]

Institutional buying [edit]

As of 30 September 2020, SoftBank buying is as follows:[122] [123]

  • Masayoshi Son (21.25%)
  • The Principal Trust Banking concern of Japan investment trusts (ten.25%)
  • Japan Trustee Services Bank main investment trusts (five.87%)
  • JPMorgan Chase (7.45%)
  • Citibank (i.4%)
  • The Vanguard Group (2.nineteen%)
  • Capital Group Companies (ii.4%)
  • Baillie Gifford (1.36%)

Concern units [edit]

SoftBank's corporate profile includes various other companies such as Japanese broadband visitor SoftBank BB, data center company IDC Borderland, gaming company GungHo Online Amusement, and the publishing visitor SB Creative. SBI Grouping is a Japanese financial services company that began in 1999 as a branch of SoftBank.[124] Ymobile Corporation is another telecommunications subsidiary of SoftBank, established in 2014. In 2010, SoftBank founded Wireless City Planning (WCP), a subsidiary that planned the development of TD-LTE networks throughout Nippon.[125] SoftBank also operates SoftBank Capital, a US-based venture capital company. SoftBank owns the Fukuoka SoftBank Hawks professional baseball team. SoftBank as well operates in the eco-power industry through its SB Free energy subsidiary.

It has various partnerships in Japanese subsidiaries of foreign companies such as Yahoo! (which has resulted in Yahoo! Japan), E-Merchandise, Ustream.tv, EF Education Showtime and Morningstar. It also has stakes in Alibaba Group and Sprint Corporation.[58]

Other holdings include Softbank Corp. [ja], Softbank Vision Fund [ja], Arm Holdings, Fortress Investment Grouping, Boston Dynamics, T-Mobile Usa (3.3%), Alibaba (29.5%), Yahoo Japan (48.17%), Brightstar (87.one%), Uber (fifteen%), Didi Chuxing (c. 20%), Ola (c. 30%), Renren (42.ix%), InMobi (45%), Hike (25.viii%), Snapdeal (c. 30%), Fanatics (c. 22%), Improbable Worlds (c. 50%), Paytm (c. 20%), OYO (42%), Ping An Insurance (vii.41%),[126] Slack Technologies (c. five%), WeWork (c. 80%), ZhongAn Online P&C Insurance (v%), Compass (c. 22%), AUTO1 Group (c. twenty%), Wag (45%), Katerra (c. 28%), Prowl Automation (c. nineteen.6%), ParkJockey,[127] Tokopedia (Republic of indonesia),[128] and many more companies.

SoftBank Corp. [edit]

SoftBank Corp. ( ソフトバンク株式会社 , SofutoBanku Kabushikigaisha ) is SoftBank'southward telecommunications subsidiary, providing both mobile and stock-still-line services. Information technology was called SoftBank Mobile until July 2015, when the Group merged SoftBank BB Corp., SoftBank Telecom Corp. and Ymobile Corporation to reflect its stock-still-line and Isp operations.[129]

J-Telephone [edit]

Sony TH291 cellular phone for the Digital Tu-Ka operator

J-Phone store in Nagoya in 2003

SoftBank'south mobile communications arm began with the formation of Nihon Telecom in 1984. The Digital Phone Grouping (デジタルホン, DPG, iii local companies) mobile phone division was formed in 1994, and J-PHONE Co., Ltd. (J-フォン) was formed in 1999 by the DGP/ Digital TU-KA Group merger (DTG, six local companies, not to be confused with TU-KA). Japan Telecom owned a pale of 45.1%.

J-PHONE grew steadily for a decade by introducing new services and enhancements such as SkyWalker for PDC, SkyMelody ringtone download, the Sha-Mail picture mail introduced following camera phones adult by SHARP, the mobile multimedia information service J-Sky modeled afterwards NTT DoCoMo'south i-way, and advanced Java services based on JSCL, modeled after NTT DoCoMo'southward DoJa based i-appli.

Vodafone [edit]

In October 2001, the British mobile phone grouping Vodafone increased its share to 66.7% of Japan Telecom and 69.seven% of J-Phone. On 1 October 2003, the visitor's proper noun and the service brand changed to Vodafone, while the division was called Vodafone K.Grand. or Vodafone Japan.[130]

However, in January 2005, Vodafone Japan lost 58,700 customers and in Feb 2005 lost 53,200 customers, while competitors NTT DoCoMo gained 184,400 customers, while Au past KDDI gained 163,700, and Willcom gained 35,000. While as of February 2005, DoCoMo's FOMA 3G service had attracted 10 million subscribers and KDDI's 3G service had attracted over 17 million subscribers, Vodafone's 3G service only attracted 527,300 subscribers. Vodafone 3G failed to attract subscribers considering Vodafone reduced investments in 3G services in Japan in 2002/3; handsets did not fully friction match the needs and preferences of Japanese customers. At the end of February 2005, Vodafone Japan had 15.one 1000000 customers. By the end of Oct 2005, the number of subscribers had fallen below 15M. During the same menstruation, NTT DoCoMo gained ane.65 million customers, and KDDI/AU gained ane.82 million customers. Vodafone-Japan had but 4.8% of Japan's 3G market place.

Vodafone changed the proper name of its multimedia information services from J-Sky to Vodafone alive! and used J-Sky's principles, technologies, and business models to introduce the WAP-based Vodafone live! in Vodafone'southward other markets. At the terminate of February 2005, Vodafone live! had 12.907 1000000 subscribers in Japan. By the end of Oct 2005, the number of Vodafone alive! subscribers had fallen past 138,000.

In March 2006, Vodafone began discussing the sale of the Vodafone Japan unit of measurement to SoftBank. Vodafone was unable to satisfy customers. Handsets had user interfaces that differed too much from the Japanese interface and lacked competitive features.

SoftBank Mobile [edit]

Television circulate on a 2007 Sharp phone on SoftBank

On 17 March 2006, Vodafone Group announced it had agreed to sell Vodafone Nihon to SoftBank for about US$15.1 billion. On 18 May 2006, the unit was renamed "SoftBank Mobile Corp.", effective 1 October 2006.

On 4 June 2008, SoftBank Mobile appear a partnership with Apple and brought the iPhone (3G) to Nippon later in 2008.[131] SoftBank Mobile was the but official carrier of the iPhone in Nippon until the release of iPhone 4S in 2011, when au past KDDI began to offering information technology.[132]

Technology [edit]

SoftBank Corp.'s mobile network operates W-CDMA (UMTS 3G) network ("SoftBank 3G"). SoftBank's 3G network is compatible with UMTS and supports transparent global roaming for UMTS subscribers from other countries.

Timeline [edit]

  • 1981: SoftBank Corp. (currently SoftBank Group Corp.) Nippon (Yombancho, Chiyoda-ku, Tokyo) established. Commenced operations every bit a benefactor of packaged software
  • 1984: Nihon Telecom was founded.
  • 1986: Nippon Telecom launches leased excursion services.
  • 1986: Railway Telecommunications established.
  • 1989: Railway Telecommunication merges with Japan Telecom.
  • 1991: Tokyo Digital Telephone established.
  • 1994: J-Phone starts PDC cellular service in the 1.5 GHz ring, 10 MHz bandwidth.
  • 1997: J-Phone launches SkyWalker SMS service designed by Aldiscon and Ericsson for PDC
  • 1998: J-Phone launches SkyMelody ringtone download service
  • 1999: J-Phone launches J-Sky wireless Internet service ten months after NTT DoCoMo'south i-mode, which was launched in February 1999.
  • 2000: J-Phone launches Sha-Mail service (写メール) picture messaging service using the globe'south first photographic camera phones developed by SHARP
  • 2001: J-Phone launches Java service with JSCL library
  • 2002: J-Phone launches W-CDMA 3G service for the first time
  • 2002: Company name was changed to Nihon Telecom Holdings. The fixed-line telecommunication concern was also separated to found a new Nihon Telecom.
  • 2003: J-Phone visitor proper name is changed to Vodafone K.K., and J-Heaven proper name is changed to Vodafone live!. Vodafone launches a Japan-nationwide Beckham campaign
  • 2003: Visitor proper noun was changed to Vodafone Holdings K.Grand.
  • 2004: Vodafone Chiliad.K. merges with Vodafone Holdings K.K. and the company proper noun is changed to Vodafone Thou.G.
  • 2004: Vodafone relaunches the 3G services in Japan a 2d time offer mobile phone handsets designed primarily for the European markets
  • 2005: Vodafone changes management and relaunches 3G services in Japan a third fourth dimension
  • 2006: Vodafone officially announced it had agreed to sell Vodafone Japan (Vodafone K.K.) to SoftBank for a total of 1.75 trillion Japanese yen (approx US$xv.1 billion) in 1 of the largest Yard&A transactions in Japan to appointment
  • 2006: SoftBank and Vodafone One thousand.K. jointly announced, that the name of the company volition exist changed to a "new, like shooting fish in a barrel-to-understand and familiar" visitor name and brand. Masayoshi Son became CEO and Representative Director of Vodafone Grand.1000.
  • 2006: Headquarters moved from Atago Hills to Shiodome to integrate operations with other SoftBank grouping companies.
  • 2006: SoftBank announced that the proper name of the company will be changed to "SoftBank Mobile Corp." effective ane October 2006
  • 2006: SoftBank started rebranding "Vodafone" to "SoftBank."
  • 2006: Vodafone Japan visitor name is changed to "SoftBank Mobile Corp."
  • 2008: SoftBank Mobile releases iPhone in Japan beating NTT DoCoMo
  • 2008: SoftBank Mobile joins Open up Handset Alliance[133]
  • 2010: Softbank purchased 100% of the PHS mobile operator Willcom.
  • 2012: SoftBank Mobile unveils the Pantone 5 107SH, a mobile phone with a built-in geiger counter.[134]
  • 2015: Investment in US-based Social Finance, Inc (SoFi) announced
  • 2015: SoftBank Mobile was merged with SoftBank BB Corp., SoftBank Telecom Corp., and Ymobile Corporation to form a new subsidiary, SoftBank Corp., to reflect its new condition of providing fixed-line and Isp operations.[129]
  • 2018: SoftBank Corp. (TSE: 9434) listed on the First Section of the Tokyo Stock Exchange On nineteen Dec 2018.

Gallery [edit]

  • SoftBank 821SH PG

  • SoftBank A202F past ARROWS

  • SoftBank 930CA by EXLIM

  • SoftBank 003SH

  • J-Phone J-SH07 past Sharp (2001)

  • An development of J-PHONE and Vodafone cell phones, 1997–2004

  • View of Taitō, Tokyo, with a large Vodafone sign in the background (2004)

  • Mobile Blazer (2008)

Marketing [edit]

Since May 2006, SoftBank's telecommunications marketing and commercials have principally revolved around "Otosan sujan karki", the canine patriarch of the otherwise human "Shirason, Kaito" family unit.[135] "Otosan" translates to father, and the grapheme, a Hokkaido dog, indeed acts as the father of the family unit, along with the son "Kojiro" (starred by Dante Carver), mom "Masako" (Kanako Higuchi), and daughter "Aya" (Aya Ueto).[136] The advertising series proved to be popular: CM Research Center ranked the Otousan adverts as the most pop in Japan betwixt 2007 and 2012, based on monthly surveys of 3,000 randomly selected adults.[137] [138]

SoftBank partnered with the Ingress augmented reality game, supporting the branded "SoftBank Ultra Link" in-game particular.[139]

[edit]

SoftBank bought a "team" for the America's Cup. The squad was named SoftBank Team Japan, and Yanmar came on board. SoftBank Squad Japan raced in the 2017 races held in Bermuda. The team members come up from various backgrounds, nigh of whom were not Japanese.[140]

The company was the official jersey sponsor of the Japanese national basketball team at the official 2017 Asian Basketball Championship in Lebanese republic[141] too as the 2019 FIBA World Loving cup.

SoftBank sponsor and is owner of the Fukuoka SoftBank Hawks, a Japanese professional baseball team. The SoftBank logo appears on the jersey.

Baby bonus [edit]

In 2015, SoftBank, forth with another companies in Japan,[142] offered a infant bonus for employees who have children. The payments range from US$400 for a beginning child to Usa$40,000 for a 5th child.[143] [144] [145]

Vision fund investments [edit]

SoftBank Investment Advisers oversees SoftBank'due south Vision Fund which invests in emerging technologies like bogus intelligence, robotics and the internet of things.[146] It intends to develop a portfolio 125 AI companies.[147] Information technology also invests in companies to revolutionize real estate, transportation, and retail. Son makes personal connections with the CEOs of all companies funded by Vision Fund.[148] Son plans to heighten $100 billion for a new fund every few years, investing nigh $50 billion a year in startups.[149]

SoftBank Ventures Asia [edit]

SoftBank Ventures Asia (SBVA) is the global early-stage venture capital arm of the SoftBank Group[150] The house focuses on early-stage ICT investments – including Artificial Intelligence (AI), the internet of things (IoT), and smart robotics.[151] By October 2021, SBVA has backed more than 250 companies in 10 countries with U.s.$i.3 billion fund nether management.[152]

SoftBank Ventures Asia (SBVA) was founded in 2000 as SoftBank Ventures Korea[151] and began its focus on South Korean market[151] and its early-stage ventures.[150] SBVA's one of the early investments in South korea includes Nexon Co, now a Korean-Japanese gaming publisher that was the largest IPO in Japan for 2011.[150]

SoftBank Ventures Asia (SBVA) expanded its focus across Republic of korea since 2011 and made several notable investments in Southeast Asia,[153] such every bit Tokopedia,[154] an Indonesian e-commerce platform, and Carro, Singapore's used-motorcar platform.[155] In 2018, SBVA launched a $300m venture fund 'Cathay Venture Fund I',[151] targeting Chinese start-ups,[156] so immediately trailed by 'SoftBank Acceleration Fund' with $300M the following year.[150] With continuous investment across Asia and beyond, the company renamed itself as SoftBank Ventures Asia to reflect its broadened focus on startups in the Asia-Pacific region beyond South Korea, and opened offices in Seoul,[157] Singapore, and Beijing.

With the company's extended expertise in ICT investment, SBVA is aiming towards two investment themes, which are 'technology innovation' in AI,[151] Robotics, Semiconductor, Mobility, and AR/VR, and 'market innovation' in consumer, enterprise, shared economic system, healthcare, etc.[152] SBVA created $160M 'time to come innovation fund' in March 2021, focusing on AI start-ups[158] and made investment in AI sector including VoyagerX, AI software programmer,[159] Upstage AI, AI solution provider,[159] and MarqVision, AI-powered intellectual property (IP) protection platform.[160]

Come across also [edit]

  • List of conglomerates

References [edit]

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Boosted sources [edit]

  • Annual Report (PDF), JP: SoftBank, 2008, archived from the original (PDF) on 19 April 2009 .

External links [edit]

  • Official website (SoftBank Group)
  • Official website (SoftBank)

atkinscallynnusers.blogspot.com

Source: https://en.wikipedia.org/wiki/SoftBank_Group

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