Investor Relations
SoftBank Group Report 2025

The SoftBank Group Report, an Annual Report published by SoftBank Group Corp., combines non-financial context with financial information.This Annual Report presents our corporate story, showing how our strategy and business model will deliver our core philosophy and vision,how we will build value, and how we will enable 300 years of sustained growth.
*For consolidated financial statements and notes, see “Financial Report 2025.”

The SoftBank Group aims to build a more connected, empowered and joyful world by accelerating human progress through technology, becoming a corporate group that powers the world's most essential technologies.
Management Message
Table of Contents
SoftBank Group Report 2025
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Who We Are(4.38MB/10 pages)
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P.02Our Unchanging 志 Kokorozashi (Mission),
Information Revolution—Happiness for Everyone -
P.04Our Vision for a Better World
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P.06A Business Model with Three Capital Inputs
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P.08Evolving Ahead of the Times Under
Our Unchanging 志 Kokorozashi -
P.10SoftBank’s Next 30-Year Vision: A Story of Value Creation
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- Message from Our CEO(3.65MB/4 pages)
- Toward the ASI Era(404KB/2 pages)
- Message from Our CFO(2.63MB/4 pages)
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Growth Assets(513KB/12 pages)
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P.22NAV (Net Asset Value) & LTV (Loan to Value)
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P.24Calculation of Equity Value of Holdings and Net Debt
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P.25Message from Arm CEO
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P.28Message from SoftBank Vision Funds CEO
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P.30SoftBank Vision Funds: In Focus
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Foundation for Our Growth(4.69MB/41 pages)
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P.34Our Sustainability
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P.40Sustainability: Environment
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P.44Sustainability: Social
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P.48Sustainability: Governance
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P.60Message from External Board Director
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P.62Message from Audit & Supervisory Board Member
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P.64Compliance
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P.66Risk Management
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P.67Message from Our Chief Risk Officer (CRO)
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P.68Risk Factors
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Financial Section(419KB/36 pages)
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P.76Graphs: Key Consolidated Financial Data
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P.77Eleven-Year Key Consolidated Financial Data
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P.79NAV & LTV
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P.80Managementʼs Discussion and Analysis of Results of Operations, Financial Position, and Cash Flows
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Corporate Information(284KB/5 pages)
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P.111Major Subsidiaries and Associates
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P.114Stock Information
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P.115Corporate Data
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Download Entire Report
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*”SoftBank Group Report 2025” was published on July 28, 2025.
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*Names of companies, products and services that appear in this Annual Report are trademarks or registered trademarks of their respective companies. “Co., Ltd.,” “Ltd.,” “Corporation” and “Inc.” have been omitted from company names except in certain circumstances.
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*Company names and abbreviations used in this Annual Report, unless otherwise stated or interpreted differently in the context, are as follows.
- SoftBank Group Corp. or SBG:
- SoftBank Group Corp. (stand-alone basis)
- The Company:
- SoftBank Group Corp. and its subsidiaries
- The Group:
- SoftBank Group Corp. and its subsidiaries and associates
- SB Northstar or asset management subsidiaries:
- SB Northstar LP
- SoftBank Vision Fund 1 or SVF1:
- SoftBank Vision Fund L.P. and its alternative investment vehicles
- SoftBank Vision Fund 2 or SVF2:
- SoftBank Vision Fund II-2 L.P.
- SoftBank Latin America Funds or LatAm Funds:
- SBLA Latin America Fund LLC
- SoftBank Vision Funds or SVF:
- SVF1, SVF2, and LatAm Funds
- SBIA:
- SB Investment Advisers (UK) Limited
- SBGA:
- SB Global Advisers Limited
- Arm:
- Arm Holdings plc
- SoftBank:
- SoftBank Corp.
- T-Mobile:
- T-Mobile US, Inc.
- Deutsche Telekom:
- Deutsche Telekom AG
- Alibaba:
- Alibaba Group Holding Limited
- SBE Global:
- SBE Global, LP
- Fortress:
- Fortress Investment Group LLC
- WeWork:
- WeWork Inc.
- OpenAI:
- OpenAI Inc. and its affiliates, including OpenAI Global, LLC
- Ampere:
- Ampere Computing Holdings LLC