Skip to Content

SoftBank Group Corp 9984 Stock Quote

| Rating as of

XTKS: 9984

Last close prices updated as of Jun 06, 2023, 2:00 AM JST | JPY
  • Last Close 6,081.00
  • Sector Communication Services
  • Industry Telecom Services
  • Investment Style Large Growth
  • Day Range 5,930.00  –  6,108.00
  • Year Range 4,708.00  –  7,180.00
  • Market Cap 8.8936 Tril
  • Volume / Avg 15.2 Mil /  12.3 Mil
  • Price / Sales 1.48
  • Price / Book 0.98
  • Forward Div Yield 0.73%
  • Trailing Div Yield 0.69%

Morningstar‘s Stock Analysis 9984

Currency in
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price


5-Star Price


Economic Moat


Capital Allocation


SoftBank Group Earnings: Continues With Defense Mode; Raising FVE to JPY 7,000 on Reduced Debt

Analyst Note

| Dan Baker |

SoftBank continued to clamp down on new investments in the fourth quarter of fiscal 2022 (quarter ended March 2023), but management indicated a willingness to selectively invest in suitable artificial intelligence opportunities in fiscal 2023. The company produced a loss on investments of JPY 835 billion in fiscal 2022, with a JPY 5.3-trillion loss from the SoftBank Vision Funds partially offset by holding company gains on sale from Alibaba transactions of JPY 4.6 trillion. Indeed, from a financing perspective, SoftBank has now effectively used or sold its entire state in Alibaba, having now monetized JPY 9.7 trillion worth of shares from a JPY 7.4-billion investment. This equates to a staggering 57% internal rate of return, or IRR, on the investment from 2000 to May 2023. A weaker Japanese yen increased SoftBank’s net asset value by JPY 1.3 trillion in fiscal 2022. We increase our SoftBank fair value estimate to JPY 7,000 from JPY 6,900 previously due to increased valuation of the T-Mobile and Deutsche Telecom stakes offsetting the reduction in Vision Fund 2 value, and the reduced net debt. This valuation includes zero value for WeWork and our 35% holding company discount on the SoftBank portfolio. Our no-moat rating is retained, as we rate SoftBank as an investment holding company rather than an operating company.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics 9984

Company Profile 9984

Business Description

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 75% of semiconductor chip designer ARM Holdings and plans an IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in Softbank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.

1-9-1 Higashi-shimbashi, Minato-ku
Tokyo, 105-7303, JPN
Industry Telecom Services
Employees 82,156

Related Articles 9984

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of 9984’s competitive advantage.

SoftBank Group Corp

XTKS: 9984


XTKS: 9433

Nippon Telegraph & Telephone Corp

XTKS: 9432

SoftBank Corp

XTKS: 9434
+$59.00 (0.98%) +$37.00 (0.84%) +$66.00 (1.62%) +$2.00 (0.13%)
Market Cap
8.89 Tril9.56 Tril14.13 Tril7.14 Tril
Telecom Services Telecom Services Telecom Services Telecom Services
Communication Services
Communication Services
Communication Services
Communication Services

* Trading data in this section is delayed by at least 15 minutes.

FAQs for SoftBank Group Corp Stock

Yes. 9984 has a forward dividend yield of 0.72%. See 9984’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

9984’s market cap is 8.89 Tril.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

9984’s stock style is Large Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

9984’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare 9984’s historical performance against its industry peers and the overall market.