Management Policy and Strategy

Management policy

Guided by its corporate philosophy of “Information Revolution — Happiness for everyone,” SoftBank Corp. (the “Company” or “SoftBank” or “we”) and its subsidiaries (the “Group”) has been aiming to become a corporate group needed most by people around the world. We are developing a variety of businesses in the information and technology field while enhancing our telecommunications business and are working to maximize our corporate value by using the power of technology to solve social issues.

Growth strategy

SoftBank Corp.'s “Beyond Carrier” growth strategy aims at sustainable growth in our core telecommunications business, while at the same time going beyond just being a telecommunications carrier to actively roll out new businesses in the information and technology field, with the aim of maximizing corporate value. In addition, by further strengthening ties between telecommunications business and those group businesses, we are promoting the creation of synergies, such as increasing the number of service users and enhance user engagement in the group businesses, while strengthening the competitiveness of the telecommunications business.

In May 2023, we announced our medium-term management plan ending in FY2025.
Please refer to the presentation material for details.

Financial targets

Net income attributable to owners of the Company in FY2025:
Pursue record-high profit (¥535.0 billion)

The targets for FY2025 are as follows.

Shareholder returns

Focus on Both Medium- and Long-term Growth
and Shareholder Returns

We consider the return of profits to shareholders to be an important goal for our management along with increasing medium- to long-term corporate value.

Our dividend policy is to pay attention to the stability and sustainability of dividends while considering factors such as performance trends, financial condition and cash flow position on a comprehensive basis. Guided by this policy, for the fiscal year ending March 31, 2025 (FY2024), the annual dividend per share is planned to be ¥86 (of which, interim dividend of ¥43 and year-end dividend of ¥43^*1) for common shares, and a prescribed amount of dividend is planned for the Series 1 Bond-Type Class Shares.

Meanwhile, in order to increase our corporate value, we will make capital investments efficiently to further raise the sophistication of 5G, as well as continuing investments in new businesses.

[Note]

1. *1
   Subject to approval of the proposal on the amendment to the Articles of Incorporation by the Company's 38th Annual General Meeting of Shareholders scheduled to be held on June 20, 2024, the Company plans to conduct a stock split whereby each share of the Company's common shares will be split into 10 shares, with the effective date being October 1, 2024. The above year-end dividend per share for the fiscal year ending March 31, 2025 does not take into account this stock split. If the stock split is taken into account, the figure would be ¥4.30