Share Split and Subsequent Partial Amendment to Articles of Incorporation, and Dividend Forecast for Fiscal Year Ending March 2026
SoftBank Group Corp. (“SBG”) announced today that its Board of Directors has approved a share split and a partial amendment to its Articles of Incorporation as follows.
1. Share Split
（1） Purpose
On November 10, 2025, SBG’s share price closed at JPY 22,255, having nearly quadrupled in just over six months from the year-to-date low of JPY 5,835 on April 7, 2025. As the amount per investment unit (one unit = 100 shares) now exceeds JPY 2 million, SBG has decided to implement a share split (the “Share Split”) to make its shares more accessible to investors and further expand its investor base.
Going forward, SBG will continue to carefully assess the need for further reductions in the investment unit, taking into account factors such as share price, trading volume, number of shareholders, and shareholder composition.
（2） Outline
a. Method
With a record date of December 31, 2025 (which falls on a non-business day for the shareholder registry administrator and will therefore be effectively December 30, 2025), SBG’s common stock held by shareholders listed or recorded as of the end of that day will be split at a ratio of four-for-one.
b. Number of shares to be increased upon the Share Split
| Number of shares issued and outstanding before the Share Split: | 1,427,962,030 |
|---|---|
| Increase in the number of shares upon the Share Split: | 4,283,886,090 |
| Number of shares issued and outstanding after the Share Split: | 5,711,848,120 |
| Number of authorized shares after the Share Split: | 14,400,000,000 |
c. Schedule
| Announcement of record date | Wednesday, December 10, 2025 (planned) |
|---|---|
| Record date | Wednesday, December 31, 2025 |
| Effective date | Thursday, January 1, 2026 |
(3) Change in the amount of common stock
No change will occur in the amount of common stock presented in SBG’s consolidated financial statements as a result of the Share Split.
(4) Adjustments to exercise prices of Stock Acquisition Rights
In conjunction with the Share Split, effective January 1, 2026, the exercise prices of shares to be issued or transferred upon exercise of stock acquisition rights will be adjusted as follows.
| Exercise price | ||
|---|---|---|
| Before adjustment | After adjustment | |
| Stock Acquisition Rights issued in November 2019 | JPY 1 | JPY 1 |
| Stock Acquisition Rights issued in August 2020 | JPY 1 | JPY 1 |
| Stock Acquisition Rights issued in August 2021 | JPY 1 | JPY 1 |
| Stock Acquisition Rights issued in August 2022 | JPY 1 | JPY 1 |
| Stock Acquisition Rights issued in August 2023 | JPY 1 | JPY 1 |
| Stock Acquisition Rights issued in July 2024 | JPY 1 | JPY 0.25 |
| Stock Acquisition Rights issued in July 2025 | JPY 1 | JPY 0.25 |
2. Partial Amendment to Articles of Incorporation Subsequent to the Share Split
(1) Reason for the amendment
Following the Share Split, the number of authorized shares stated in Article 5 of the Articles of Incorporation of SBG will be amended on January 1, 2026, the effective date of the Share Split, as provided for in Article 184 (2) of the Companies Act of Japan.
(2) Details of the amendment
Changes are underlined.
| Before amendment | After amendment |
|---|---|
| (Total number of shares authorized to be issued) Article 5 The total number of shares authorized to be issued by SBG shall be seven billion and two hundred million (7,200,000,000) shares. | (Total number of shares authorized to be issued) Article 5 The total number of shares authorized to be issued by SBG shall be fourteen billion and four hundred million (14,400,000,000) shares. |
(3) Schedule
Effective date of the amendment: January 1, 2026
3. Dividend Forecast for the Fiscal Year Ending March 2026
In line with the Share Split, the forecasted dividend per share disclosed in the “Consolidated Financial Results for the Fiscal Year Ended March 31, 2025 (IFRS)” announced on May 13, 2025, will be adjusted based on the post-split number of shares. There is no change in the effective dividend forecast, taking into account the impact of the Share Split.
| Dividend per share | |||
|---|---|---|---|
| Interim | Year-end | Total | |
| Current forecast for the fiscal year ending March 2026 (equivalent amount before the Share Split) | JPY 5.50 (JPY 22.00) | ||
| Previous forecast for the fiscal year ending March 2026 (announced on May 13, 2025) | JPY 22.00 | ||
| Actual for the fiscal year ending March 2026 | JPY 22.00* | ||
| Actual for the fiscal year ended March 2025 | JPY 22.00 | JPY 22.00 | JPY 44.00 |
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The interim dividend with a record date of September 30, 2025 is based on the number of shares before the Share Split.
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