SoftBank extended Asia's technology rout on Friday, sliding 9.7% by Tokyo's midday break as investors continued pulling money from the region's most crowded artificial-intelligence trades. The fall followed a brutal Thursday in Seoul, where SK Hynix tumbled 13%, Samsung Electronics lost 8.8% and the Kospi sank 6.4%.
Japanese AI-linked stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia. The declines followed another weak session for U.S. technology stocks.
The development of AI will require investment of $5 trillion each year by 2040, and any talk of a bubble forming around the technology is "absurd", SoftBank Group CEO Masayoshi Son said on Tuesday.
| Diversified Telecommunication Services Industry | Communication Services Sector | Junichi Miyakawa CEO | OTC PINK Exchange | 83405K102 CUSIP |
| JP Country | 58,432 Employees | 30 Mar 2026 Last Dividend | - Last Split | - IPO Date |
SoftBank Corp., headquartered in Tokyo, Japan, encompasses a wide range of activities in the telecommunication and information technology sectors across Japan, with its operations expanding through various business segments including Consumer, Broadband, Electricity, Yahoo/LINE Business, Financial, and Other Business. Originally founded in 1984, the company underwent a name change from SoftBank Mobile Corp. to SoftBank Corp. in May 2015, reflecting its broadened focus beyond mobile services. As a conglomerate, SoftBank Corp. participates in a diversified array of services from mobile communication, broadband, and energy sales to internet services, offering innovative solutions tailored to both individual consumers and enterprise clients.
Consumer Services: SoftBank Corp. is a prominent player in the consumer telecommunications space, offering an array of mobile services under well-known brands such as SoftBank, Y!mobile, LINE MOBILE, and LINEMO. They also market a variety of mobile devices including smartphones and tablets. Beyond mobile, SoftBank provides high-speed Internet broadband services branded as SoftBank Hikari, alongside the sale and rental of customer-premises equipment necessary for these services. Additionally, the company is involved in the electric power distribution, buying and selling electricity to consumers.
Enterprise Services: Catering to businesses, SoftBank offers comprehensive solutions encompassing mobile, voice, fixed-line communication, and data transmission services. This includes telecommunications consulting, construction services for telecommunication infrastructure, as well as rental and maintenance of telecommunications facilities. Their offerings also extend to the sale and rental of telecommunications equipment suited for a variety of business needs, including data centers and housing.
Distribution Services: This segment focuses on providing information and communication technology hardware, software, and services. It caters to enterprise customers with a portfolio including cloud services and Internet of Things (IoT) products. For individual customers, it offers PC software, IoT devices, and mobile accessories, coupled with online business solutions and service planning for small and medium-sized businesses as well as government clientele.
Yahoo/LINE Business: The Yahoo segment of SoftBank plays a critical role in internet-based services, specializing in advertising, information listing, and corporate services. It also handles settlement and finance-related services, tailoring its offerings to both small, medium-sized businesses, and individuals. The integration of LINE services enhances SoftBank's ability to plan and sell internet services effectively, broadening its reach and strengthening its market presence in the digital realm.