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SoftBank Group Corp. (JP:9984)
TSE/TYO:9984
Holding JP:9984?
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Earnings Data
Report Date
Feb 11, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
¥23.71Last Year’s EPS
¥646.19Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 12, 2024
|% Change Since: -4.25%
|Next Earnings Date:Feb 11, 2025
Earnings Call Sentiment|Neutral
The earnings call presents a mixed sentiment. While there are significant achievements such as the successful ARM IPO and improvements in Vision Fund performance, these are overshadowed by substantial net income losses and the financial impact of WeWork's bankruptcy. The persistence of the SoftBank discount also indicates market skepticism.Company Guidance
During the SoftBank Group Corp's earnings call for the six-month period ended September 30, 2023, several key metrics were highlighted. The IPO of ARM was a major event, with a market cap of $52 billion and 10% of shares offered to the market, equating to approximately JPY 600-700 billion. The investment in ARM showed a MOIC of 3.2x. Despite a negative net income of JPY 1.4 trillion, the net asset value increased by JPY 1 trillion, reaching JPY 16.4 trillion. The company's cash position was strong at JPY 5.1 trillion, and the loan-to-value ratio remained at a safe level of 10%. Vision Fund 1 showed improvement with a negative JPY 583 billion, compared to negative JPY 4.3 trillion in the previous year. ARM's quarterly revenue guidance ranged between $2.96 trillion and $3.08 trillion, with a 92% year-on-year increase in non-GAAP operating profit. The discussion also included the impact of AI investments, with a combined total of $1.5 billion in the second quarter, reflecting a strategic focus on AI-driven companies.Successful ARM IPO
ARM's IPO was the biggest event for SoftBank Group, with a market cap of $52 billion upon listing. The share price has remained robust, exceeding the listing price, indicating a successful launch as a public company.
Improvements in Vision Fund Performance
Vision Fund recorded a positive JPY 232 million in gain and loss on investments for Q2 2023, indicating an improvement from previous losses. Vision Fund 1 has made a good investment return, with $104 billion returned on $90 billion invested.
Increase in Net Asset Value
SoftBank's net asset value increased by JPY 1 trillion, reaching JPY 16.4 trillion, demonstrating financial health and growth potential.
Strategic AI Investments
SoftBank is increasing its investments in AI, with a total of $1.5 billion invested in the second quarter, showing a strategic shift towards AI-driven companies.
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JP:9984 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JP:9984 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | ¥9513.00 | ¥9409.00 | -1.09% |
| Aug 07, 2024 | ¥7154.26 | ¥7525.34 | +5.19% |
| May 13, 2024 | ¥7857.51 | ¥7980.21 | +1.56% |
| Feb 08, 2024 | ¥6585.58 | ¥7313.99 | +11.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SoftBank Group Corp. (JP:9984) report earnings?
SoftBank Group Corp. (JP:9984) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is SoftBank Group Corp. (JP:9984) earnings time?
SoftBank Group Corp. (JP:9984) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of SoftBank Group Corp. stock?
The P/E ratio of SoftBank Group is 6.0.
What is JP:9984 EPS forecast?
JP:9984 EPS forecast for the fiscal quarter 2024 (Q3) is ¥23.71.
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