Business Expansion from the Telecommunications Foundation through Beyond Carrier

「The Beyond Carrier growth strategy seeks to maximize corporate value by pursuing sustainable growth in the core communications business while expanding beyond the framework of a communications carrier into various information and technology fields. By strengthening collaboration between the communications business and other Group businesses, the Group is working to improve the competitiveness of the communications business and create synergies, including by expanding the number of service users and increasing user engagement.」

「Going forward, under the “Beyond Carrier” growth strategy, the Group aims to maximize corporate value by pursuing sustainable growth in its core communications business while expanding its businesses actively into various information and technology fields beyond the framework of a communications carrier.」

「In August 2020, amid major changes in the business environment caused by the spread of COVID-19, the Group announced a medium-term target of achieving operating profit of ¥1 trillion in the fiscal year ending March 2023. Despite the impact of lower communications charges, the Group achieved this target, partly due to the recognition of a gain on a step acquisition associated with making PayPay㈱ a subsidiary.」

「SoftBank株式会社 (the “Company”) made PayPay㈱ a subsidiary effective 1 October 2022. The resulting changes in the principal business activities and movements in major affiliated companies are as follows. Starting with the 3-month period ended 31 December 2022, “Financial” was added to the reportable segments, resulting in 5 reportable segments: “Consumer,” “Enterprise,” “Distribution,” “Yahoo! & LINE” and “Financial.”」

「Effective 1 October 2022, to maximize the corporate value of the Group, the Company and Zホールディングス㈱ made PayPay㈱ their respective subsidiaries. By jointly managing Bホールディングス㈱, the parent company of PayPay㈱, the Company and Zホールディングス㈱ aim to expand PayPay㈱’s earnings opportunities and the “PayPay economic zone” and strengthen synergies within the Group.」

「1 October 2022 Scheduled payment date for this investment 1 October 2022 Effective date of this class change and share delivery, completing the transaction」

「The “Beyond Carrier” strategy moved into its second phase from fiscal 2021 and will create new value by connecting the Group’s powerful range of platforms through advanced technologies, leveraging the customer touchpoints it has cultivated. The Group aims to achieve operating profit of ¥1 trillion in fiscal 2022 by implementing the “Beyond Carrier” growth strategy and unremitting structural reforms simultaneously.」

「From fiscal 2021, the “Beyond Carrier” strategy will move into its second phase, evolving into a “comprehensive digital platform provider” that creates new value by connecting the Group’s powerful range of platforms through advanced technologies, leveraging the customer touchpoints it has cultivated. The Group will continue to aim for operating profit of ¥1 trillion in fiscal 2022 by implementing the “Beyond Carrier” growth strategy and unremitting structural reforms simultaneously.」

「Going forward, the Group aims to become a “comprehensive digital platform provider” that responds to the accelerating digitalization of society following the spread of COVID-19, uses these customer touchpoints and cutting-edge technologies, and further evolves the “Beyond Carrier” strategy as its second phase.」

「Since its listing, the Group has pursued its “Beyond Carrier” strategy to use digital technologies to resolve these socially important issues and achieve sustainable growth.」

「The Group aims to achieve operating profit of ¥1 trillion in fiscal 2022 by implementing the “Beyond Carrier” growth strategy and unremitting structural reforms simultaneously.」

「The Group is pursuing its “Beyond Carrier” strategy to resolve these socially important issues and achieve sustainable growth. The “Beyond Carrier” strategy goes beyond the traditional framework of a communications carrier by strengthening its earnings base through expansion of the customer base of its communications business and growth in the three areas of communications, Yahoo and new areas. The Group aims to achieve sustainable growth by implementing the “Beyond Carrier” growth strategy and unremitting structural reforms simultaneously.」

「The Group aims to strengthen its earnings base and achieve sustainable growth by expanding three areas, namely the communications business, Yahoo and new areas, beyond the traditional framework of a communications carrier.」

「In December 2019, Zホールディングス㈱ and LINE㈱ entered into an integration agreement among 4 parties, including the Company and NAVER Corporation, regarding the management integration of the two companies (the “Business Integration”), as well as a capital alliance agreement between the two companies. The Company regards this transaction as important to enhancing its corporate value through the further growth of Zホールディングス㈱, which plays an important role in the “Beyond Carrier” strategy, and the creation of new business opportunities in the 5G era.」

「Even in the 5G era, under the “Beyond Carrier” strategy, the Group aims to create new businesses using cutting-edge technologies such as IoT, AI, big data and robotics, either independently or through “co-creation” with partners, while expanding the customer base cultivated through its communications business, and to help resolve the various social issues facing Japan.」

「Even in the 5G era, under the “Beyond Carrier” strategy, the Group aims to create new businesses using cutting-edge technologies such as IoT, AI, big data and robotics, either independently or through “co-creation” with partners, while expanding the customer base cultivated through its communications business, and to help resolve the various social issues facing Japan.」

「The Group is pursuing its “Beyond Carrier” strategy to anticipate needs arising from changes in the times, continue to pursue further innovation and challenges, and steadily achieve profit growth and stable cash flow generation. While seeking further growth in its communications business by expanding its customer base, the Group will maximize the insights into cutting-edge technologies worldwide available through the SoftBank Group to expand into new areas and strengthen and establish its earnings base.」

「The Group is pursuing its “Beyond Carrier” strategy to achieve sustainable growth over the medium to long term. The strategy involves expanding the customer base of its communications business while leveraging that base to enhance its services and content and expand into new business areas.」