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 15 members as of June 1, 2025, 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
| FY2022 | FY2023 | FY2024 |
|---|---|---|
| 661 | 762 | 825 |
Major dialogue subjects and topics of interest for shareholders (as of June 30, 2025)
1. Investment strategy
- Follow-on investments in OpenAI, the Stargate Project, and Cristal intelligence, including their future developments and our associated capital expenditures
- OpenAI’s competitiveness and future growth potential
- Outlook for the semiconductor and robotics businesses
2. Financial strategy
- Funding methods for executing large-scale investments and the approach to LTV (Loan-to-Value) management
- Policy and timing regarding the monetization and/or sale of assets
- Balance and priorities among (1) growth investment, (2) shareholder returns, and (3) financial improvement
3. NAV discount
- Perspective on the NAV discount and specific plans to narrow or resolve it
4. Arm
- Holding policy on Arm shares and considerations regarding further sell-down
- Views on Arm’s stock price and current liquidity
- Future growth strategies
5. SoftBank Vision Funds
- Outlook for improvement in investment performance
- Promising investments within the private portfolio and the IPO pipeline
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.
