SoftBank Group (9984) investor relations material

Opening remarks and agenda

• The meeting was opened by the chairperson, confirming quorum and explaining the online attendance and voting system.

• Outlined a long-term vision centered on Artificial Super Intelligence (ASI) and the ambition to become the No.1 ASI platform provider, guided by a 50-year life plan for leadership succession and innovation.

• The agenda included reporting matters, business strategy presentation, Q&A, and voting on three proposals: appropriation of surplus, amendment of articles, and election of board members.

• Emphasized the realization of ASI in the next decade as the core challenge and opportunity.

Financial performance review

• Net asset value reached JPY 74 trillion as of June 23, 2026, a 25x increase over 16 years, with NAV per share at JPY 13,000.

• Market capitalization stood at JPY 37 trillion, with Arm's equity value at JPY 61 trillion and Arm equity holdings valued at JPY 55 trillion.

• Debt is about 10-11% of assets, maintaining a strict financial policy.

• Dividend payment of JPY 30 billion was announced, described as modest compared to future growth expectations.

• NAV growth attributed to strategic investments and value creation, not just asset accumulation.

Strategic initiatives and plans

• Vision to become the global leader in ASI and AI infrastructure, with a new target NAV of JPY 1 quadrillion by 2042, aiming for a 14x increase over the next 16 years.

• Four focus areas: AI models (in partnership with OpenAI), semiconductors (Arm), AI infrastructure (data centers in US, France, and planned for Japan), and robotics (including ABB Robotics).

• Major investments in AI infrastructure, including a 10GW data center project in Ohio and a 5GW project in France, to support ASI ambitions.

• Expansion into physical ASI, smart factories, and robotics for high-risk work and disaster response.

• Commitment to long-term growth, with a 30-year vision and focus on nurturing group companies as "golden eggs."