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    9984   JP3436100006

SOFTBANK GROUP CORP.

(9984)
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SoftBank : Launches Third Round of 'SoftBank Innovation Program'

11/14/2017 | 01:11am EDT

New round seeks solutions in five categories, including AI as a Service, Disrupt and EdTech

SoftBank Corp. (“SoftBank”), a subsidiary of SoftBank Group Corp. (TOKYO:9984), today announced that it launched a third round for its ‘SoftBank Innovation Program’, a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization.

The SoftBank Innovation Program’s aim is to create new value by combining the innovative solutions and technologies of other companies with SoftBank’s own resources. SoftBank selects applications that it deems to be innovative and superior, and then provides funding for prototype development, environments for test marketing and other forms of assistance. Based on the test marketing results, SoftBank considers product or service commercialization. In addition, starting with this round, SoftBank may also consider investing in applicant companies.

The third round of the SoftBank Innovation Program is open to five categories—AI as a Service*1, Disrupt*2, EdTech*3, Home*4 and AR (augmented reality) / VR (virtual reality)—and applications will be accepted at the SoftBank Innovation Program official website.

*1. Artificial intelligence (AI)
*2. Innovative solutions that disrupt existing businesses and concepts
*3. Solutions that combine education and IT
*4. A variety of home-based services and solutions (including smart homes)

Outline of Third Round of SoftBank Innovation Program

  1. Entry period:
    November 14, 2017 to January 16, 2018 (JST)
  2. Categories
    AI as a Service, Disrupt, EdTech, Home, AR/VR
  3. Eligibility:
    Program submissions will be accepted from organizations of all sizes, from startups to big corporations. (Applications will be accepted from any country).

More Information on SoftBank Innovation Program / Where to apply

URL: https://www.softbank.jp/en/biz/innovation/ (SoftBank Innovation Program official website)

About SoftBank Corp.

SoftBank Corp., a subsidiary of SoftBank Group Corp. (TOKYO:9984), provides mobile communication, fixed-line communication and Internet connection services to consumers and corporate customers in Japan. Leveraging the innovative technologies of other SoftBank Group companies, SoftBank Corp. is also expanding into AI, IoT, smart robotics, FinTech, cloud security and other sectors.

  • SoftBank, the SoftBank name and logo are registered trademarks or trademarks of SoftBank Group Corp. in Japan and other countries.


ę Business Wire 2017
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Analyst Recommendations on SOFTBANK GROUP CORP.
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Financials
Sales 2022 6 040 B 54 235 M 54 235 M
Net income 2022 1 310 B 11 761 M 11 761 M
Net Debt 2022 14 983 B 135 B 135 B
P/E ratio 2022 9,10x
Yield 2022 0,66%
Capitalization 11 348 B 102 B 102 B
EV / Sales 2022 4,36x
EV / Sales 2023 4,13x
Nbr of Employees 58 786
Free-Float 69,3%
Chart SOFTBANK GROUP CORP.
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SoftBank Group Corp. Technical Analysis Chart | 9984 | JP3436100006 | MarketScreener
Technical analysis trends SOFTBANK GROUP CORP.
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 15
Last Close Price 6 624,00 JPY
Average target price 10 325,87 JPY
Spread / Average Target 55,9%
EPS Revisions
Managers and Directors
Masayoshi Son Chairman & Executive President
Yoshimitsu Goto CFO, Director & Senior Managing Executive Officer
Raul Marcelo Claure Chief Operating Officer & Executive Vice President
Tim Mackey Chief Legal Officer & Group Compliance Officer
Masami Iijima Independent Outside Director
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