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SoftBank

SoftBank

Softbank is a multinational conglomerate holding company that owns stakes in technology, energy, and financial companies. As well, SoftBank invests in technology-focused companies through the Vision Fund.

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SoftBank Group Corp. is a multinational conglomerate holding company that owns stakes in technology, energy, and financial companies. The company runs a technology-focused venture capital fund called Vision Fund. Softbank operates in the broadband, fixed-line telecommunications, e-commerce, information technology, finance, media, and marketing sectors, and operates several companies in other business segments, including Spring, Yahoo Japan, and Brightstar.

SoftBank's logo and name are from the 19th century Japanese naval trading company Kaientai, which is intended to harken back to the essential qualities of passion and vision that have been attributed to the leader of Kaientai, Ryoma Sakamoto.

Corporate strategy

SoftBank's corporate strategy is to prioritize solving social issues through business, including building society and industry through digital transformation, connecting people and information to create new excitement, and creating new business through open innovation. They also focus on solving social issues through corporate activities, including contributing to the global environment with technology, building social communication networks, and developing a resilient management foundation.

The growth strategy of the originating business focuses on advancing telecommunication and developing 5G, artificial intelligence, internet of things, and big data to create new businesses. The company is working towards improving cost efficiencies through structural reforms, such as the digitization of work processes through artificial intelligence and automation.

Services

In Japan, SoftBank operates a series of services in the mobile, internet, energy, robotics, and business segments.

Mobile

Through the company's mobile services, the company offers a store where users can purchase new mobile devices or upgrade existing products. They sell a catalog of popular products from Apple, Google, and others, with multilingual products available in English, Chinese, Spanish, Korean, Vientamese, and Portuguese, as well as Japan. The company also offers prepaid phone services through their mobile sector.

Internet

SoftBank offers SoftBank Air and SoftBank Hikari, both internet service offerings. SoftBank Air is a wireless internet service for use at home, which SoftBank markets as being capable of being bundled with mobile phone plans. Whereas, SoftBank Hikari is a fiber optic delivered high-speed internet service for home and with different configurations based on user need.

Energy

SoftBank offers electric power services to deliver at home, including Ouchi-Denki, which is an electrical service that is intended to reduce the cost of power for users and offers discounts when used with other SoftBank services. And SoftBank offers Shizen-Denki, which supplies power with a high ratio of renewable energy and works to contribute to forest protection.

Robotics

In the robotics segment, SoftBank offers the Pepper robots, including the Pepper for Home, Pepper for Enterprise, and Pepper for Education. The company's activity in robotics searches for segments to commercialize and develop robotic solutions to help make users lives easier, safer, and more connected. Pepper and NAO offer robotic services for applications in the fields of retail, tourism, healthcare, finance, and education.

Business

For businesses, SoftBank offers a variety of services:

  • Smartphone, mobile, and tablet devices
  • Network and VPN services
  • Cloud services
  • Voice call and landline telephone services
  • Artificial intelligence and machine learning
  • Internet of Things
  • Digital marketing
  • Security services
  • Datacenter services
  • 5G
  • Automated office operations
  • Robotics

The company offers other services and solutions for local governments and public offices intended to provide residents, businesses, and local governments with solutions to help them understand and cooperate with each other. SoftBank offers various services tailored to the specific needs of different industries and fields, such as medicine, video transmission, and the automotive industry.

Timeline

No Timeline data yet.

Further Resources

Title
Author
Link
Type
Date

Hard truths about SoftBank

The Economist

https://www.economist.com/business/2021/06/17/hard-truths-about-softbank

Web

June 17, 2021

SoftBank Vision Fund 2 leads $140M funding in Vishal Sikka's Vianai

Manish Singh

https://techcrunch.com/2021/06/16/softbank-vision-fund-2-leads-140-million-investment-in-vishal-sikkas-vianai/

Web

June 16, 2021

References

global.softbank
group.softbank
softbank.jp
Is a
Organization
Organization
Venture capital firm
Venture capital firm
Investor
Investor
Company
Company

Company attributes

Industry
‌
International Standard Industrial Classification
Internet
Internet
Banking
Banking
Technology
Technology
Information technology
Information technology
...
Location
King River Capital
King River Capital
Tokyo
Tokyo
Minato, Tokyo
Minato, Tokyo
New York
New York
Japan
Japan
B2X
B2B
B2B
CEO
Ken Miyauchi
Ken Miyauchi
Marcelo Claure
Marcelo Claure
Masayoshi Son
Masayoshi Son
Founder
Masayoshi Son
Masayoshi Son
AngelList URL
angel.co/company/softbank
Pitchbook URL
pitchbook.com/profiles.../40692-61
Legal Name
SoftBank Group Corp.
Parent Organization
JPMorgan Chase
JPMorgan Chase
The Master Trust Bank of Japan
The Master Trust Bank of Japan
Japan Trustee Services Bank
Japan Trustee Services Bank
Masayoshi Son
Masayoshi Son
Subsidiary
SoftBank Group
SoftBank Group
WeWork
WeWork
SoftBank Robotics Holding
SoftBank Robotics Holding
ValueCommerce
ValueCommerce
Uber
Uber
Supercell (video game company)
Supercell (video game company)
Better.com
Better.com
GungHo Online Entertainment
GungHo Online Entertainment
...
Legal classification
Kabushiki gaisha
Kabushiki gaisha
Date Incorporated
1981
Number of Employees (Ranges)
10,001+
Number of Employees
68,402
Full Address
1-7-1, Kaigan Minato-ku Tokyo, 105-7303 Japan
CIK Number
1,065,521
Investors
Paytm
Paytm
Opentrons
Opentrons
Insight Partners
Insight Partners
Founded Date
September 3, 1981
Email Address
pr@softbank.co.jp
Phone Number
+81368892000
Total Funding Amount (USD)
60,000,000
Latest Funding Round Date
March 22, 2022
Stock Symbol
9434
Exchange
Tokyo Stock Exchange
Tokyo Stock Exchange
Glassdoor ID
3816
CTO
‌
Hideyuki Tsukuda
CFO
Chris Cooper
Chris Cooper
Key People
Masayoshi Son
Masayoshi Son
Latest Funding Type
‌
Series C round
Patents Assigned (Count)
6
Legal Entity Identifier
5493003BZYYYCDIO0R13-1
Wellfound ID
softbank
Country
Japan
Japan

Other attributes

Company Operating Status
Active
Strategic Partnerships
West Labs
West Labs
S Net Systems
S Net Systems
nTels Co., Ltd.
nTels Co., Ltd.
Latest Funding Round Amount (USD)
60,000,000
Owner of
AutoStore
AutoStore
Alibaba Group
Alibaba Group
Book Off
Book Off
‌
Renren
InMobi
InMobi
Kahoot!
Kahoot!
Partner Organizations
DroneDeploy
DroneDeploy
-1
Wikidata ID
Q201653

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