Investor Relations

Status of Dialogue with Shareholders

Overview of dialogue with shareholders and other investors

To promote constructive dialogue with shareholders and other investors, including equity and credit investors, we conduct investor relations activities under the supervision of our Board Director, Corporate Officer, Senior Vice President, CFO. These activities are led by our Investor Relations Department, which consisted of 17 members as of June 1, 2024, including the Global Head of Investor Relations, and in close collaboration with relevant departments, including Accounting, Finance, Corporate Legal, and General Administration. Dialogues with shareholders and other investors are handled by our management, including our Board Director, Corporate Officer, Senior Vice President, CFO, and the Investor Relations Department.

Number of dialogue sessions with shareholders and other investors

FY2021FY2022FY2023
624661762

Major dialogue subjects and topics of interest for shareholders (as of June 30, 2024)

1. Capital allocation

  • Balance and priorities among (1) growth investment, (2) shareholder returns, and (3) financial improvement
  • Utilization of abundant cash position

2. Investment strategy

  • Target sectors, investment amounts, and implementation timelines for future AI-related investments

3. NAV discount

  • Perspective on the NAV discount and specific plans to narrow or resolve it

4. Arm

  • Holding policy on Arm shares and thoughts on further sell-down
  • Views on Arm’s stock price and current liquidity
  • Future growth strategies

5. SoftBank Vision Funds

  • Promising investments within the private portfolio and the IPO pipeline
  • Promising investments in light of the emergence of generative AI
  • Differences and distinctions from the Company’s strategic investments

Status of providing feedback to management and the Board of Directors on the opinions and concerns of shareholders and other investors

We strive to create a positive cycle for a feedback loop where we promptly collect and compile opinions and concerns shared by shareholders and other investors, report this feedback to top management and relevant departments, incorporate the feedback into various measures, and use it to enhance our information disclosure and messaging. In addition, we regularly report to the Board of Directors on the opinions and concerns raised during dialogues, as well as on trends in shareholder ownership.