9984 JP

SoftBank Group Corp.

TMT


Presented:05/15/2019
Price:¥5,157.50
Cap:$90.81B
Current Price:¥9,470.00
Cap:$115.98B

Presented

Date05/15/2019
Price¥5,157.50
Market Cap$90.81B
Ent Value$209.14B
P/E Ratio8.13x
Book Value¥3,380.00
Div Yield0.43%
Shares O/S2,107.66M
Ave Daily Vol14,242,516
Short IntN/A

Current

Price¥9,470.00
Market Cap$115.98B
SoftBank Group Corp. operates as a holding company which engages in the management of its group companies. It operates through the following segments: Domestic Telecommunications, Sprint, Yahoo Japan, Distribution, Arm, SoftBank Vision Fund (SFV), and Others. The Domestic Telecommunications segment provides mobile communication, broadband, and telecom services in Japan. The Sprint segment provides mobile communication services in the United States. The Yahoo Japan segment engages in the business of Internet advertising, e-commerce, and membership services. The Distribution segment distributes mobile devices, and sells personal computer (PC) software, peripherals, and mobile accessories in Japan. The Arm segment designs microprocessors and develops software technologies. The SFV segment manages investment activities through the SoftBank Vision Fund. The Others segment includes robotics and the Fukuoka SoftBank HAWKS related business. The company was founded by Masayoshi Son on September 3, 1981 and is headquartered in Tokyo, Japan.

Please note, this stock split on 6/2/2019 at a ratio of 2/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of ¥10,315.00.

Publicly traded companies mentioned herein: Alibaba Group (BABA), SoftBank Corp (9984 JP), Sprint Corporation (S), Uber Technologies, Inc. (UBER), Yahoo Japan Corporation (4689 JP), 

Highlights 

The presenter is long shares of SoftBank Group, the Japanese conglomerate holding company that owns a number of assets including Alibaba, Uber, Supercell, SoftBank Corp (the Japanese telecom company), Yahoo! Japan, Sprint, Arm Holdings, and SoftBank Vision Fund. He thinks that SoftBank currently trades at a steep discount to NAV. At the same time, the company has a lot of cash and levers to drive share price, and management have also demonstrated their focus on share price. The presenter expects the company's US ADR price to rise to $95, representing 45% - 50% upside.

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Idea Discussion

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