SoftBank (9434) AGM 2025 summary

Financial performance review

• Achieved consolidated operating income of JPY 989.0 billion in FY2024, surpassing the initial forecast and meeting the Mid-term Plan target one year ahead of schedule due to strong business performance and growth investments.

• Upwardly revised FY2025 operating income target to over JPY 1 trillion, reflecting strengthened growth investments in generative AI and related areas.

• Consolidated net income for FY2024 reached JPY 526.1 billion, with an upward revision for FY2025 to JPY 540.0 billion, aiming for record-high profits.

• Total shareholder return (TSR) since the start of the current Mid-term Management Plan in FY2023 was +56%, outperforming major competitors.

Dividend announcements

• Emphasis on balancing medium- to long-term growth with high shareholder returns, aiming for record-high profit and maintaining a high level of shareholder return.

Strategic initiatives and plans

• Focused on growth through AI-driven initiatives, including development of proprietary large language models, sovereign cloud and AI, and next-generation social infrastructure.

• Launched "Cristal Intelligence," an enterprise AI platform, in collaboration with OpenAI, to optimize company-wide operations and management.

• Investing in decentralized AI computing infrastructure to enable low-latency, resilient, and regionally distributed data processing.

• Advancing stratospheric communications (HAPS) with commercial service targeted for 2026, including both heavier-than-air and lighter-than-air aircraft development.

• Building next-generation core infrastructure with logistics drones, flying cars, and inspection drones.