Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. SoftBank Corp.
  6. News
  7. Summary
    9434   JP3732000009

SOFTBANK CORP.

(9434)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Mubadala has invested $100 billion in U.S., eyes China: deputy CEO

12/10/2019 | 02:53am EDT

Abu Dhabi state investor Mubadala Investment Co has invested $100 billion in the United States, more than 40% of its roughly $240 billion portfolio, Deputy CEO Waleed al-Muhairi said on Tuesday.

"What that tells you is that from our perspective the risk reward equation works in the United States," he said at the SALT conference in Abu Dhabi, adding that the bulk of the investments are direct, with a small portion indirectly invested through funds.

He said the remaining part of the portfolio is almost equally split between three regions - the United Arab Emirates, Europe and Asia.

Muhairi said Mubadala has invested $2 billion in China in 15-16 sectors from its $10 billion UAE China fund and could step up investments in the mainland.

"China is the UAE's largest trading partner, it is an important economic relationship for us," he said.

Mubadala would want to participate in some "shape, way or form" in the growth of China, which could become the largest economy in the world, Muhairi said.

Technology is a focus for Mubadala, he added.

Mubadala has invested $15 billion in Softbank's Vision Fund I and recently announced plans to invest $250 million through two funds in technology firms in the Middle East and North Africa.

(Reporting by Saeed Azhar and Stanley Carvalho, editing by Louise Heavens)


ę Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
ALDAR PROPERTIES PJSC 0.52% 3.86 End-of-day quote.22.54%
DOW JONES AFRICA TITANS 50 INDEX 0.24% 514.22 Delayed Quote.-2.46%
EURO / DIRHAM (EUR/AED) -0.13% 4.3349 Delayed Quote.-3.37%
S&P AFRICA 40 INDEX 0.29% 166.3 Delayed Quote.-3.49%
SOFTBANK CORP. 0.14% 1469.5 End-of-day quote.13.65%
SOFTBANK GROUP CORP. -0.25% 7088 End-of-day quote.-12.04%
THE CARLYLE GROUP INC. -0.11% 46.86 Delayed Quote.49.05%
US DOLLAR / DIRHAM (USD/AED) 0.00% 3.6728 Delayed Quote.0.00%
VISION INC. 2.54% 1130 End-of-day quote.9.07%
All news about SOFTBANK CORP.
07/23SOFTBANK : Getaround car sharing company settles with Washington, D.C. for $950,..
RE
07/15Revolut Valued at $33 Billion After SoftBank Injection as UK's Most Valuable ..
DJ
07/14TOYOTA MOTOR : buys U.S. mapping, road data firm to bulk up driverless tech
RE
07/09Softbank Reportedly in Early Talks to Invest in PharmEasy
CI
07/07SOFTBANK : Japan's SoftBank hires NBCUniversal exec as global communications hea..
RE
06/30SOFTBANK CORP. : and Smart Africa Secretariat Agree to Collaborate on Providing ..
BU
06/25Third of SoftBank shareholders oppose lawyer's appointment to board
RE
06/23Ericsson sets up Japan's first multi-operator RAN with KDDI and SoftBank
AQ
06/23MASAYOSHI SON : SoftBank CEO Son says share buybacks remain an option for firm
RE
06/23SOFTBANK : CEO Son says share buybacks remain an option for firm
RE
More news
Financials
Sales 2022 5 544 B 50 423 M 50 423 M
Net income 2022 516 B 4 692 M 4 692 M
Net Debt 2022 4 154 B 37 776 M 37 776 M
P/E ratio 2022 13,5x
Yield 2022 5,87%
Capitalization 6 887 B 62 804 M 62 635 M
EV / Sales 2022 1,99x
EV / Sales 2023 1,89x
Nbr of Employees 37 821
Free-Float 57,9%
Chart SOFTBANK CORP.
Duration : Period :
SoftBank Corp. Technical Analysis Chart | 9434 | JP3732000009 | MarketScreener
Technical analysis trends SOFTBANK CORP.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 1 469,50 JPY
Average target price 1 648,89 JPY
Spread / Average Target 12,2%
EPS Revisions
Managers and Directors
Junichi Miyakawa President, CEO & Representative Director
Kazuhiko Fujihara Chief Financial Officer & Director
Ken Miyauchi Chairman
Takashi Tsutsui Chief Scientist & Managing Executive Officer
Keiichi Makizono Chief Information Officer
Sector and Competitors
1st jan.Capi. (M$)
SOFTBANK CORP.13.65%62 804
CELLNEX TELECOM, S.A.26.84%43 555
BHARTI AIRTEL LIMITED6.12%39 819
SAFARICOM PLC22.04%15 421
MTN GROUP LIMITED75.91%12 863
TELE2 AB16.76%10 146