Financials

SoftBank Corp.: FYE Mar 2026 and ten years of results (47 metrics)

FYE Mar 2026 · Revenue¥7.04tnYoY +7.6%

FYE Mar 2026 · Operating profit¥1.04tnYoY +5.4%

FYE Mar 2026 · Net profit¥551bnYoY +4.7%

FYE Mar 2026 · Equity ratio6.7%YoY −0.8pp

FYE Mar 2026 · Group employees58,432YoY +3,362

Fiscal year	Revenue	YoY	Operating profit	YoY	Margin	Net profit	Chief executive	That year
FYE Mar 2017Consolidated	¥3.48tn	n/a	n/a	n/a	n/a	¥441bn	Miyauchi Ken	—
FYE Mar 2018Consolidated	¥3.58tn	+2.9%	¥638bn	n/a	17.8%	¥401bn	Miyauchi Ken	—
FYE Mar 2019Consolidated	¥4.66tn	+30.0%	¥818bn	+28.3%	17.6%	¥462bn	Miyauchi Ken	Relisted on the first section of the Tokyo Stock Exchange
FYE Mar 2020Consolidated	¥4.86tn	+4.4%	¥912bn	+11.4%	18.8%	¥473bn	Miyauchi Ken	Yahoo made a subsidiary
FYE Mar 2021Consolidated	¥5.21tn	+7.1%	¥971bn	+6.5%	18.6%	¥491bn	Miyauchi Ken	—
FYE Mar 2022Consolidated	¥5.69tn	+9.3%	¥966bn	−0.5%	17.0%	¥517bn	Miyauchi Ken	LINE made a subsidiary
FYE Mar 2023Consolidated	¥5.91tn	+3.9%	¥1.06tn	+9.8%	17.9%	¥531bn	Miyakawa Junichi	PayPay made a subsidiary
FYE Mar 2024Consolidated	¥6.08tn	+2.9%	¥876bn	−17.4%	14.4%	¥489bn	Miyakawa Junichi	Z Holdings, LINE and Yahoo merge to form LINE Yahoo
FYE Mar 2025Consolidated	¥6.54tn	+7.6%	¥989bn	+12.9%	15.1%	¥526bn	Miyakawa Junichi	Cubic Telecom Ltd. made a subsidiary
FYE Mar 2026Consolidated	¥7.04tn	+7.6%	¥1.04tn	+5.4%	14.8%	¥551bn	Miyakawa Junichi	—

How it compares

NTT¥14.4tnFY2025Operating margin 11.8%

SoftBank Corp.¥7.04tnFY2025Operating margin 14.8%

KDDI¥6.07tnFY2025Operating margin 18.1%NTT DOCOMODelisted 2020

DDI CORPORATIONDissolved 2000

KDD CorporationDelisted 2000

SKY Perfect JSAT¥128bnFY2025Operating margin 27.6%

OKINAWA CELLULAR TELEPHONE COMPANY¥86bnFY2025Operating margin 21.6%

Income statement Revenue, costs, each level of profit and the margins they leave

Where the revenue goes

¥ bn

Cost of sales SG&A Other operating costs Operating profit

Margins

Gross margin Operating margin Net margin

Revenue net sales, operating revenue

FYE Mar 2026 ¥7.04tn

CAGR · 10 yrs +8.1%

Fiscal year	Revenue ¥ bn	YoY	Basis
FYE Mar 2017	3,483	n/a	Cons. · IFRS
FYE Mar 2018	3,583	+2.9%	Cons. · IFRS
FYE Mar 2019	4,657	+30.0%	Cons. · IFRS
FYE Mar 2020	4,861	+4.4%	Cons. · IFRS
FYE Mar 2021	5,206	+7.1%	Cons. · IFRS
FYE Mar 2022	5,691	+9.3%	Cons. · IFRS
FYE Mar 2023	5,912	+3.9%	Cons. · IFRS
FYE Mar 2024	6,084	+2.9%	Cons. · IFRS
FYE Mar 2025	6,544	+7.6%	Cons. · IFRS
FYE Mar 2026	7,039	+7.6%	Cons. · IFRS

Definition: Everything the company took in from its own business
Formula: Revenue line of the income statement
Source: Securities report (XBRL)

Cost of sales

FYE Mar 2026 ¥3.65tn

CAGR · 9 yrs +7.6%

Fiscal year	Cost of sales ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	2,041	n/a	Cons. · IFRS
FYE Mar 2019	2,496	+22.3%	Cons. · IFRS
FYE Mar 2020	2,537	+1.6%	Cons. · IFRS
FYE Mar 2021	2,702	+6.5%	Cons. · IFRS
FYE Mar 2022	2,889	+6.9%	Cons. · IFRS
FYE Mar 2023	3,194	+10.6%	Cons. · IFRS
FYE Mar 2024	3,151	−1.4%	Cons. · IFRS
FYE Mar 2025	3,384	+7.4%	Cons. · IFRS
FYE Mar 2026	3,655	+8.0%	Cons. · IFRS

Definition: The cost of what was sold
Formula: Cost of sales line of the income statement
Source: Securities report (XBRL)

Gross profit

FYE Mar 2026 ¥3.38tn

CAGR · 9 yrs +10.3%

Fiscal year	Gross profit ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	1,542	n/a	Cons. · IFRS
FYE Mar 2019	2,161	+40.1%	Cons. · IFRS
FYE Mar 2020	2,324	+7.6%	Cons. · IFRS
FYE Mar 2021	2,504	+7.7%	Cons. · IFRS
FYE Mar 2022	2,801	+11.9%	Cons. · IFRS
FYE Mar 2023	2,718	−3.0%	Cons. · IFRS
FYE Mar 2024	2,933	+7.9%	Cons. · IFRS
FYE Mar 2025	3,160	+7.7%	Cons. · IFRS
FYE Mar 2026	3,384	+7.1%	Cons. · IFRS

Definition: What the product or service itself earns
Formula: Revenue − cost of sales
Source: Securities report (XBRL)

SG&A selling, general and administrative expenses

FYE Mar 2026 ¥2.38tn

CAGR · 9 yrs +13.1%

Fiscal year	SG&A ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	894	n/a	Cons. · IFRS
FYE Mar 2019	1,340	+49.9%	Cons. · IFRS
FYE Mar 2020	1,419	+5.9%	Cons. · IFRS
FYE Mar 2021	1,523	+7.3%	Cons. · IFRS
FYE Mar 2022	1,859	+22.0%	Cons. · IFRS
FYE Mar 2023	1,965	+5.7%	Cons. · IFRS
FYE Mar 2024	2,082	+6.0%	Cons. · IFRS
FYE Mar 2025	2,201	+5.7%	Cons. · IFRS
FYE Mar 2026	2,384	+8.3%	Cons. · IFRS

Definition: The cost of selling and of running the company
Formula: SG&A line of the income statement
Source: Securities report (XBRL)

Operating profit

FYE Mar 2026 ¥1.04tn

CAGR · 9 yrs +6.3%

Fiscal year	Operating profit ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	638	n/a	Cons. · IFRS
FYE Mar 2019	818	+28.3%	Cons. · IFRS
FYE Mar 2020	912	+11.4%	Cons. · IFRS
FYE Mar 2021	971	+6.5%	Cons. · IFRS
FYE Mar 2022	966	−0.5%	Cons. · IFRS
FYE Mar 2023	1,060	+9.8%	Cons. · IFRS
FYE Mar 2024	876	−17.4%	Cons. · IFRS
FYE Mar 2025	989	+12.9%	Cons. · IFRS
FYE Mar 2026	1,043	+5.4%	Cons. · IFRS

Definition: What the core business earns
Formula: Gross profit − SG&A
Source: Securities report (XBRL)

Non-operating income

FYE Mar 2026 ¥15bn

CAGR · 9 yrs +26.6%

Fiscal year	Non-operating income ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	2.2	n/a	Cons. · IFRS
FYE Mar 2019	2.2	+1.9%	Cons. · IFRS
FYE Mar 2020	2.7	+22.2%	Cons. · IFRS
FYE Mar 2021	5.8	+111.5%	Cons. · IFRS
FYE Mar 2022	39.5	+579.8%	Cons. · IFRS
FYE Mar 2023	11.9	−69.8%	Cons. · IFRS
FYE Mar 2024	12.9	+8.5%	Cons. · IFRS
FYE Mar 2025	11.7	−9.6%	Cons. · IFRS
FYE Mar 2026	14.5	+24.4%	Cons. · IFRS

Definition: Income from outside the core business
Formula: Non-operating income line of the income statement
Source: Securities report (XBRL)

Non-operating expenses

FYE Mar 2026 ¥110bn

CAGR · 9 yrs +13.9%

Fiscal year	Non-operating expenses ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	38.8	n/a	Cons. · IFRS
FYE Mar 2019	58.0	+49.5%	Cons. · IFRS
FYE Mar 2020	60.9	+5.0%	Cons. · IFRS
FYE Mar 2021	73.4	+20.4%	Cons. · IFRS
FYE Mar 2022	66.4	−9.4%	Cons. · IFRS
FYE Mar 2023	117	+76.4%	Cons. · IFRS
FYE Mar 2024	61.4	−47.6%	Cons. · IFRS
FYE Mar 2025	117	+91.1%	Cons. · IFRS
FYE Mar 2026	110	−6.6%	Cons. · IFRS

Definition: Costs arising outside the core business
Formula: Non-operating expenses line of the income statement
Source: Securities report (XBRL)

Net profit profit attributable to owners of the parent

FYE Mar 2026 ¥551bn

CAGR · 10 yrs +2.5%

Fiscal year	Net profit ¥ bn	YoY	Basis
FYE Mar 2017	441	n/a	Cons. · IFRS
FYE Mar 2018	401	−9.2%	Cons. · IFRS
FYE Mar 2019	462	+15.4%	Cons. · IFRS
FYE Mar 2020	473	+2.3%	Cons. · IFRS
FYE Mar 2021	491	+3.8%	Cons. · IFRS
FYE Mar 2022	517	+5.2%	Cons. · IFRS
FYE Mar 2023	531	+2.8%	Cons. · IFRS
FYE Mar 2024	489	−8.0%	Cons. · IFRS
FYE Mar 2025	526	+7.6%	Cons. · IFRS
FYE Mar 2026	551	+4.7%	Cons. · IFRS

Definition: What is left after tax
Formula: Pre-tax profit − income taxes
Source: Securities report (XBRL)

Gross margin

FYE Mar 2026 48.1%

Average · 9 yrs 47.2%

Fiscal year	Gross margin %	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	43.0	n/a	Cons. · IFRS
FYE Mar 2019	46.4	+3.4pp	Cons. · IFRS
FYE Mar 2020	47.8	+1.4pp	Cons. · IFRS
FYE Mar 2021	48.1	+0.3pp	Cons. · IFRS
FYE Mar 2022	49.2	+1.1pp	Cons. · IFRS
FYE Mar 2023	46.0	−3.3pp	Cons. · IFRS
FYE Mar 2024	48.2	+2.2pp	Cons. · IFRS
FYE Mar 2025	48.3	+0.1pp	Cons. · IFRS
FYE Mar 2026	48.1	−0.2pp	Cons. · IFRS

Definition: The share of revenue left after the cost of sales
Formula: Gross profit ÷ revenue
Source: Securities report (XBRL)

Operating margin

FYE Mar 2026 14.8%

Average · 9 yrs 16.9%

Fiscal year	Operating margin %	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	17.8	n/a	Cons. · IFRS
FYE Mar 2019	17.6	−0.2pp	Cons. · IFRS
FYE Mar 2020	18.8	+1.2pp	Cons. · IFRS
FYE Mar 2021	18.6	−0.1pp	Cons. · IFRS
FYE Mar 2022	17.0	−1.7pp	Cons. · IFRS
FYE Mar 2023	17.9	+1.0pp	Cons. · IFRS
FYE Mar 2024	14.4	−3.5pp	Cons. · IFRS
FYE Mar 2025	15.1	+0.7pp	Cons. · IFRS
FYE Mar 2026	14.8	−0.3pp	Cons. · IFRS

Definition: The share of revenue the core business keeps
Formula: Operating profit ÷ revenue
Source: Securities report (XBRL)

Net margin

FYE Mar 2026 7.8%

Average · 10 yrs 9.5%

Fiscal year	Net margin %	YoY	Basis
FYE Mar 2017	12.7	n/a	Cons. · IFRS
FYE Mar 2018	11.2	−1.5pp	Cons. · IFRS
FYE Mar 2019	9.9	−1.3pp	Cons. · IFRS
FYE Mar 2020	9.7	−0.2pp	Cons. · IFRS
FYE Mar 2021	9.4	−0.3pp	Cons. · IFRS
FYE Mar 2022	9.1	−0.4pp	Cons. · IFRS
FYE Mar 2023	9.0	−0.1pp	Cons. · IFRS
FYE Mar 2024	8.0	−0.9pp	Cons. · IFRS
FYE Mar 2025	8.0	−0.0pp	Cons. · IFRS
FYE Mar 2026	7.8	−0.2pp	Cons. · IFRS

Definition: The share of revenue left after everything
Formula: Net profit ÷ revenue
Source: Securities report (XBRL)

Cost-of-sales ratio

FYE Mar 2026 51.9%

Average · 9 yrs 52.8%

Fiscal year	Cost-of-sales ratio %	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	57.0	n/a	Cons. · IFRS
FYE Mar 2019	53.6	−3.4pp	Cons. · IFRS
FYE Mar 2020	52.2	−1.4pp	Cons. · IFRS
FYE Mar 2021	51.9	−0.3pp	Cons. · IFRS
FYE Mar 2022	50.8	−1.1pp	Cons. · IFRS
FYE Mar 2023	54.0	+3.3pp	Cons. · IFRS
FYE Mar 2024	51.8	−2.2pp	Cons. · IFRS
FYE Mar 2025	51.7	−0.1pp	Cons. · IFRS
FYE Mar 2026	51.9	+0.2pp	Cons. · IFRS

Definition: The share of revenue taken by the cost of sales
Formula: Cost of sales ÷ revenue
Source: Securities report (XBRL)

SG&A ratio

FYE Mar 2026 33.9%

Average · 9 yrs 31.1%

Fiscal year	SG&A ratio %	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	24.9	n/a	Cons. · IFRS
FYE Mar 2019	28.8	+3.8pp	Cons. · IFRS
FYE Mar 2020	29.2	+0.4pp	Cons. · IFRS
FYE Mar 2021	29.3	+0.1pp	Cons. · IFRS
FYE Mar 2022	32.7	+3.4pp	Cons. · IFRS
FYE Mar 2023	33.2	+0.6pp	Cons. · IFRS
FYE Mar 2024	34.2	+1.0pp	Cons. · IFRS
FYE Mar 2025	33.6	−0.6pp	Cons. · IFRS
FYE Mar 2026	33.9	+0.2pp	Cons. · IFRS

Definition: The share of revenue taken by selling and administrative costs
Formula: SG&A ÷ revenue
Source: Securities report (XBRL)

Balance sheet Assets, debt and equity, and what they say about financial strength

What the balance sheet is made of

¥ bn

Equity Liabilities and non-controlling interests

Financial strength

Equity ratio Debt-to-equity

Total assets

FYE Mar 2026 ¥18.5tn

CAGR · 10 yrs +16.5%

Fiscal year	Total assets ¥ bn	YoY	Basis
FYE Mar 2017	4,691	n/a	Cons. · IFRS
FYE Mar 2018	5,306	+13.1%	Cons. · IFRS
FYE Mar 2019	8,036	+51.5%	Cons. · IFRS
FYE Mar 2020	9,792	+21.8%	Cons. · IFRS
FYE Mar 2021	12,208	+24.7%	Cons. · IFRS
FYE Mar 2022	13,097	+7.3%	Cons. · IFRS
FYE Mar 2023	14,682	+12.1%	Cons. · IFRS
FYE Mar 2024	15,522	+5.7%	Cons. · IFRS
FYE Mar 2025	16,102	+3.7%	Cons. · IFRS
FYE Mar 2026	18,502	+14.9%	Cons. · IFRS

Definition: Everything the company holds
Formula: Total assets line of the balance sheet
Source: Securities report (XBRL)

Equity net assets, shareholders' equity

FYE Mar 2026 ¥1.25tn

CAGR · 10 yrs −2.3%

Fiscal year	Equity ¥ bn	YoY	Basis
FYE Mar 2017	1,539	n/a	Cons. · IFRS
FYE Mar 2018	848	−44.9%	Cons. · IFRS
FYE Mar 2019	974	+14.8%	Cons. · IFRS
FYE Mar 2020	294	−69.9%	Cons. · IFRS
FYE Mar 2021	334	+13.9%	Cons. · IFRS
FYE Mar 2022	709	+111.9%	Cons. · IFRS
FYE Mar 2023	767	+8.2%	Cons. · IFRS
FYE Mar 2024	819	+6.7%	Cons. · IFRS
FYE Mar 2025	1,222	+49.3%	Cons. · IFRS
FYE Mar 2026	1,247	+2.1%	Cons. · IFRS

Definition: The part of the funding that never has to be repaid
Formula: Net assets line of the balance sheet
Source: Securities report (XBRL)

Interest-bearing debt

FYE Mar 2026 ¥6.48tn

CAGR · 9 yrs +9.1%

Fiscal year	Interest-bearing debt ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	3,227	n/a	Cons. · IFRS
FYE Mar 2019	3,492	+8.2%	Cons. · IFRS
FYE Mar 2020	5,082	+45.6%	Cons. · IFRS
FYE Mar 2021	5,693	+12.0%	Cons. · IFRS
FYE Mar 2022	6,000	+5.4%	Cons. · IFRS
FYE Mar 2023	6,135	+2.2%	Cons. · IFRS
FYE Mar 2024	6,321	+3.0%	Cons. · IFRS
FYE Mar 2025	5,962	−5.7%	Cons. · IFRS
FYE Mar 2026	6,485	+8.8%	Cons. · IFRS

Definition: Borrowings the company pays interest on
Formula: Loans + bonds + lease obligations
Source: Securities report (XBRL)

Short-term borrowings

FYE Mar 2026 ¥1.96tn

CAGR · 9 yrs −1.8%

Fiscal year	Short-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	2,260	n/a	Cons. · IFRS
FYE Mar 2019	910	−59.7%	Cons. · IFRS
FYE Mar 2020	1,811	+99.1%	Cons. · IFRS
FYE Mar 2021	2,000	+10.4%	Cons. · IFRS
FYE Mar 2022	2,037	+1.8%	Cons. · IFRS
FYE Mar 2023	2,064	+1.4%	Cons. · IFRS
FYE Mar 2024	2,382	+15.4%	Cons. · IFRS
FYE Mar 2025	1,647	−30.9%	Cons. · IFRS
FYE Mar 2026	1,956	+18.8%	Cons. · IFRS

Definition: Borrowings repayable within a year
Formula: Short-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Long-term borrowings

FYE Mar 2026 ¥4.53tn

CAGR · 9 yrs +21.3%

Fiscal year	Long-term borrowings ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	966	n/a	Cons. · IFRS
FYE Mar 2019	2,379	+146.3%	Cons. · IFRS
FYE Mar 2020	3,271	+37.5%	Cons. · IFRS
FYE Mar 2021	3,692	+12.9%	Cons. · IFRS
FYE Mar 2022	3,963	+7.3%	Cons. · IFRS
FYE Mar 2023	4,070	+2.7%	Cons. · IFRS
FYE Mar 2024	3,939	−3.2%	Cons. · IFRS
FYE Mar 2025	4,316	+9.6%	Cons. · IFRS
FYE Mar 2026	4,528	+4.9%	Cons. · IFRS

Definition: Borrowings repayable in more than a year
Formula: Long-term borrowings line of the balance sheet
Source: Securities report (XBRL)

Intangible assets

FYE Mar 2026 ¥2.58tn

CAGR · 9 yrs +11.9%

Fiscal year	Intangible assets ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	1,051	n/a	Cons. · IFRS
FYE Mar 2019	1,212	+15.3%	Cons. · IFRS
FYE Mar 2020	1,710	+41.0%	Cons. · IFRS
FYE Mar 2021	2,096	+22.6%	Cons. · IFRS
FYE Mar 2022	2,477	+18.1%	Cons. · IFRS
FYE Mar 2023	2,529	+2.1%	Cons. · IFRS
FYE Mar 2024	2,506	−0.9%	Cons. · IFRS
FYE Mar 2025	2,531	+1.0%	Cons. · IFRS
FYE Mar 2026	2,577	+1.8%	Cons. · IFRS

Definition: Assets with no physical form
Formula: Intangible assets line of the balance sheet
Source: Securities report (XBRL)

Goodwill

FYE Mar 2026 ¥2.19tn

CAGR · 9 yrs +36.0%

Fiscal year	Goodwill ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	187	n/a	Cons. · IFRS
FYE Mar 2019	393	+109.8%	Cons. · IFRS
FYE Mar 2020	619	+57.3%	Cons. · IFRS
FYE Mar 2021	1,255	+102.8%	Cons. · IFRS
FYE Mar 2022	1,425	+13.5%	Cons. · IFRS
FYE Mar 2023	1,994	+40.0%	Cons. · IFRS
FYE Mar 2024	2,049	+2.8%	Cons. · IFRS
FYE Mar 2025	2,068	+0.9%	Cons. · IFRS
FYE Mar 2026	2,189	+5.8%	Cons. · IFRS

Definition: What an acquisition cost above the net assets it brought
Formula: Goodwill line of the balance sheet
Source: Securities report (XBRL)

Equity ratio

FYE Mar 2026 6.7%

Average · 10 yrs 9.7%

Fiscal year	Equity ratio %	YoY	Basis
FYE Mar 2017	32.8	n/a	Cons. · IFRS
FYE Mar 2018	16.0	−16.8pp	Cons. · IFRS
FYE Mar 2019	12.1	−3.9pp	Cons. · IFRS
FYE Mar 2020	3.0	−9.1pp	Cons. · IFRS
FYE Mar 2021	2.7	−0.3pp	Cons. · IFRS
FYE Mar 2022	5.4	+2.7pp	Cons. · IFRS
FYE Mar 2023	5.2	−0.2pp	Cons. · IFRS
FYE Mar 2024	5.3	+0.1pp	Cons. · IFRS
FYE Mar 2025	7.6	+2.3pp	Cons. · IFRS
FYE Mar 2026	6.7	−0.8pp	Cons. · IFRS

Definition: How much of the balance sheet is funded without debt
Formula: Equity ÷ total assets
Source: Securities report (XBRL)

Debt-to-equity ratio D/E ratio

FYE Mar 2026 519.9%

Average · 9 yrs 844.5%

Fiscal year	Debt-to-equity ratio %	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	380.5	n/a	Cons. · IFRS
FYE Mar 2019	358.6	−22.0pp	Cons. · IFRS
FYE Mar 2020	1,731.4	+1372.9pp	Cons. · IFRS
FYE Mar 2021	1,702.7	−28.8pp	Cons. · IFRS
FYE Mar 2022	846.8	−855.9pp	Cons. · IFRS
FYE Mar 2023	800.0	−46.8pp	Cons. · IFRS
FYE Mar 2024	772.3	−27.7pp	Cons. · IFRS
FYE Mar 2025	487.9	−284.3pp	Cons. · IFRS
FYE Mar 2026	519.9	+32.0pp	Cons. · IFRS

Definition: Borrowings measured against the company's own capital
Formula: Interest-bearing debt ÷ equity
Source: Securities report (XBRL)

ROE return on equity

FYE Mar 2026 44.2%

Average · 10 yrs 72.1%

Fiscal year	ROE %	YoY	Basis
FYE Mar 2017	28.7	n/a	Cons. · IFRS
FYE Mar 2018	47.3	+18.6pp	Cons. · IFRS
FYE Mar 2019	47.5	+0.2pp	Cons. · IFRS
FYE Mar 2020	161.2	+113.7pp	Cons. · IFRS
FYE Mar 2021	146.9	−14.2pp	Cons. · IFRS
FYE Mar 2022	73.0	−74.0pp	Cons. · IFRS
FYE Mar 2023	69.3	−3.7pp	Cons. · IFRS
FYE Mar 2024	59.8	−9.5pp	Cons. · IFRS
FYE Mar 2025	43.1	−16.7pp	Cons. · IFRS
FYE Mar 2026	44.2	+1.1pp	Cons. · IFRS

Definition: What the shareholders' capital earns
Formula: Net profit ÷ equity
Source: Securities report (XBRL)

ROA return on assets

FYE Mar 2026 3.0%

Average · 10 yrs 4.9%

Fiscal year	ROA %	YoY	Basis
FYE Mar 2017	9.4	n/a	Cons. · IFRS
FYE Mar 2018	7.6	−1.9pp	Cons. · IFRS
FYE Mar 2019	5.8	−1.8pp	Cons. · IFRS
FYE Mar 2020	4.8	−0.9pp	Cons. · IFRS
FYE Mar 2021	4.0	−0.8pp	Cons. · IFRS
FYE Mar 2022	3.9	−0.1pp	Cons. · IFRS
FYE Mar 2023	3.6	−0.3pp	Cons. · IFRS
FYE Mar 2024	3.2	−0.5pp	Cons. · IFRS
FYE Mar 2025	3.3	+0.1pp	Cons. · IFRS
FYE Mar 2026	3.0	−0.3pp	Cons. · IFRS

Definition: What the whole balance sheet earns
Formula: Net profit ÷ total assets
Source: Securities report (XBRL)

Asset turnover

FYE Mar 2026 0.38×

CAGR · 10 yrs −7.2%

Fiscal year	Asset turnover ×	YoY	Basis
FYE Mar 2017	0.74	n/a	Cons. · IFRS
FYE Mar 2018	0.68	−9.1%	Cons. · IFRS
FYE Mar 2019	0.58	−14.2%	Cons. · IFRS
FYE Mar 2020	0.50	−14.3%	Cons. · IFRS
FYE Mar 2021	0.43	−14.1%	Cons. · IFRS
FYE Mar 2022	0.43	+1.9%	Cons. · IFRS
FYE Mar 2023	0.40	−7.3%	Cons. · IFRS
FYE Mar 2024	0.39	−2.7%	Cons. · IFRS
FYE Mar 2025	0.41	+3.7%	Cons. · IFRS
FYE Mar 2026	0.38	−6.4%	Cons. · IFRS

Definition: How much revenue each yen of assets produces
Formula: Revenue ÷ total assets
Source: Securities report (XBRL)

Cash flow statement Cash from operations, investment and financing, and what is left on hand

The three cash flows

¥ bn

Operating CF Investing CF Financing CF

Cash against debt

¥ bn

Cash and equivalents Interest-bearing debt Net cash

Operating cash flow

FYE Mar 2026 ¥1.39tn

CAGR · 10 yrs +5.1%

Fiscal year	Operating cash flow ¥ bn	YoY	Basis
FYE Mar 2017	891	n/a	Cons. · IFRS
FYE Mar 2018	727	−18.4%	Cons. · IFRS
FYE Mar 2019	966	+32.9%	Cons. · IFRS
FYE Mar 2020	1,250	+29.4%	Cons. · IFRS
FYE Mar 2021	1,339	+7.2%	Cons. · IFRS
FYE Mar 2022	1,216	−9.2%	Cons. · IFRS
FYE Mar 2023	1,156	−4.9%	Cons. · IFRS
FYE Mar 2024	1,240	+7.3%	Cons. · IFRS
FYE Mar 2025	1,368	+10.3%	Cons. · IFRS
FYE Mar 2026	1,394	+1.9%	Cons. · IFRS

Definition: Cash the business itself generated
Formula: Cash flow from operating activities
Source: Securities report (XBRL)

Investing cash flow

FYE Mar 2026 -¥1.27tn

Average · 10 yrs -¥737bn

Fiscal year	Investing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-440	n/a	Cons. · IFRS
FYE Mar 2018	-621	n/a	Cons. · IFRS
FYE Mar 2019	-586	n/a	Cons. · IFRS
FYE Mar 2020	-900	n/a	Cons. · IFRS
FYE Mar 2021	-511	n/a	Cons. · IFRS
FYE Mar 2022	-958	n/a	Cons. · IFRS
FYE Mar 2023	-155	n/a	Cons. · IFRS
FYE Mar 2024	-928	n/a	Cons. · IFRS
FYE Mar 2025	-995	n/a	Cons. · IFRS
FYE Mar 2026	-1,271	n/a	Cons. · IFRS

Definition: Cash spent on, or released by, investment
Formula: Cash flow from investing activities
Source: Securities report (XBRL)

Financing cash flow

FYE Mar 2026 -¥137bn

Average · 10 yrs -¥380bn

Fiscal year	Financing cash flow ¥ bn	YoY	Basis
FYE Mar 2017	-533	n/a	Cons. · IFRS
FYE Mar 2018	-55.1	n/a	Cons. · IFRS
FYE Mar 2019	-429	n/a	Cons. · IFRS
FYE Mar 2020	-144	n/a	Cons. · IFRS
FYE Mar 2021	-388	n/a	Cons. · IFRS
FYE Mar 2022	-305	n/a	Cons. · IFRS
FYE Mar 2023	-495	n/a	Cons. · IFRS
FYE Mar 2024	-357	n/a	Cons. · IFRS
FYE Mar 2025	-956	n/a	Cons. · IFRS
FYE Mar 2026	-137	n/a	Cons. · IFRS

Definition: Cash raised from, or returned to, lenders and shareholders
Formula: Cash flow from financing activities
Source: Securities report (XBRL)

Cash and equivalents

FYE Mar 2026 ¥1.44tn

CAGR · 10 yrs +45.3%

Fiscal year	Cash and equivalents ¥ bn	YoY	Basis
FYE Mar 2017	49.7	n/a	Cons. · IFRS
FYE Mar 2018	121	+143.4%	Cons. · IFRS
FYE Mar 2019	938	+675.3%	Cons. · IFRS
FYE Mar 2020	1,144	+21.9%	Cons. · IFRS
FYE Mar 2021	1,585	+38.6%	Cons. · IFRS
FYE Mar 2022	1,547	−2.4%	Cons. · IFRS
FYE Mar 2023	2,059	+33.1%	Cons. · IFRS
FYE Mar 2024	1,993	−3.2%	Cons. · IFRS
FYE Mar 2025	1,436	−28.0%	Cons. · IFRS
FYE Mar 2026	1,439	+0.2%	Cons. · IFRS

Definition: Cash on hand at the year end
Formula: Closing balance in the cash flow statement
Source: Securities report (XBRL)

Free cash flow

FYE Mar 2026 ¥123bn

CAGR · 10 yrs −13.4%

Fiscal year	FCF ¥ bn	YoY	Basis
FYE Mar 2017	451	n/a	Cons. · IFRS
FYE Mar 2018	105	−76.7%	Cons. · IFRS
FYE Mar 2019	379	+260.5%	Cons. · IFRS
FYE Mar 2020	349	−7.9%	Cons. · IFRS
FYE Mar 2021	828	+136.9%	Cons. · IFRS
FYE Mar 2022	258	−68.8%	Cons. · IFRS
FYE Mar 2023	1,001	+287.6%	Cons. · IFRS
FYE Mar 2024	312	−68.8%	Cons. · IFRS
FYE Mar 2025	373	+19.4%	Cons. · IFRS
FYE Mar 2026	123	−67.0%	Cons. · IFRS

Definition: What is left once the business has paid for its own investment
Formula: Operating cash flow + investing cash flow
Source: Securities report (XBRL)

Operating cash flow margin

FYE Mar 2026 19.8%

Average · 10 yrs 22.0%

Fiscal year	OCF margin %	YoY	Basis
FYE Mar 2017	25.6	n/a	Cons. · IFRS
FYE Mar 2018	20.3	−5.3pp	Cons. · IFRS
FYE Mar 2019	20.7	+0.5pp	Cons. · IFRS
FYE Mar 2020	25.7	+5.0pp	Cons. · IFRS
FYE Mar 2021	25.7	−0.0pp	Cons. · IFRS
FYE Mar 2022	21.4	−4.4pp	Cons. · IFRS
FYE Mar 2023	19.5	−1.8pp	Cons. · IFRS
FYE Mar 2024	20.4	+0.8pp	Cons. · IFRS
FYE Mar 2025	20.9	+0.5pp	Cons. · IFRS
FYE Mar 2026	19.8	−1.1pp	Cons. · IFRS

Definition: How much of the revenue turned into cash
Formula: Operating cash flow ÷ revenue
Source: Securities report (XBRL)

Net cash

FYE Mar 2026 -¥5.05tn

Average · 9 yrs -¥4.01tn

Fiscal year	Net cash ¥ bn	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons. · IFRS
FYE Mar 2018	-3,105	n/a	Cons. · IFRS
FYE Mar 2019	-2,553	n/a	Cons. · IFRS
FYE Mar 2020	-3,938	n/a	Cons. · IFRS
FYE Mar 2021	-4,108	n/a	Cons. · IFRS
FYE Mar 2022	-4,453	n/a	Cons. · IFRS
FYE Mar 2023	-4,075	n/a	Cons. · IFRS
FYE Mar 2024	-4,328	n/a	Cons. · IFRS
FYE Mar 2025	-4,527	n/a	Cons. · IFRS
FYE Mar 2026	-5,046	n/a	Cons. · IFRS

Definition: Cash on hand once the borrowings are paid off
Formula: Cash and equivalents − interest-bearing debt
Source: Securities report (XBRL)

Shares and share price Shares outstanding, price, market capitalisation and the valuation multiples

Market capitalisation

FYE Mar 2026 ¥10.1tn

Change · 8 yrs +¥4.16tn

Fiscal year	Market capitalisation ¥ bn	Basis
FYE Mar 2017	n/a	n/a
FYE Mar 2018	n/a	n/a
FYE Mar 2019	5,965	n/a
FYE Mar 2020	6,558	n/a
FYE Mar 2021	6,907	n/a
FYE Mar 2022	6,846	n/a
FYE Mar 2023	7,324	n/a
FYE Mar 2024	9,277	n/a
FYE Mar 2025	9,919	n/a
FYE Mar 2026	10,127	n/a

Definition: What the market says the company is worth
Formula: Year-end share price × shares outstanding
Source: Securities report (XBRL)

Share price year-end close

FYE Mar 2026 211¥

Change · 8 yrs −1,035¥

Fiscal year	Share price ¥	Basis
FYE Mar 2017	n/a	n/a
FYE Mar 2018	n/a	n/a
FYE Mar 2019	1,246	n/a
FYE Mar 2020	1,370	n/a
FYE Mar 2021	1,443	n/a
FYE Mar 2022	1,430	n/a
FYE Mar 2023	1,530	n/a
FYE Mar 2024	1,950	n/a
FYE Mar 2025	208	n/a
FYE Mar 2026	211	n/a

Definition: The closing price on the last day of the fiscal year
Formula: Year-end closing price
Source: Securities report (XBRL)

Shares outstanding

FYE Mar 2026 47,971,989,700shares

Change · 10 yrs +47,966,128,311 shares

Fiscal year	Shares outstanding shares	Basis
FYE Mar 2017	5,861,389	Parent
FYE Mar 2018	4,610,948,240	Parent
FYE Mar 2019	4,787,145,170	Parent
FYE Mar 2020	4,787,145,170	Parent
FYE Mar 2021	4,787,145,170	Parent
FYE Mar 2022	4,787,145,170	Parent
FYE Mar 2023	4,787,145,170	Parent
FYE Mar 2024	4,756,200,770	Parent
FYE Mar 2025	47,751,490,700	Parent
FYE Mar 2026	47,971,989,700	Parent

Definition: How many shares exist
Formula: Shares issued, from the key figures of the filing
Source: Securities report (XBRL)

EPS earnings per share

FYE Mar 2026 11.35¥

Change · 10 yrs −96.18¥

Fiscal year	EPS ¥	Basis
FYE Mar 2017	107.53	Cons.
FYE Mar 2018	97.64	Cons.
FYE Mar 2019	96.60	Cons.
FYE Mar 2020	99.27	Cons.
FYE Mar 2021	10.38	Cons.
FYE Mar 2022	11.00	Cons.
FYE Mar 2023	11.25	Cons.
FYE Mar 2024	10.32	Cons.
FYE Mar 2025	10.99	Cons.
FYE Mar 2026	11.35	Cons.

Definition: Net profit for each share
Formula: Net profit ÷ average shares outstanding
Source: Securities report (XBRL)

BPS book value per share

FYE Mar 2026 26.00¥

Change · 10 yrs −262,508.02¥

Fiscal year	BPS ¥	Basis
FYE Mar 2017	262,534.02	Cons. · IFRS
FYE Mar 2018	183.89	Cons. · IFRS
FYE Mar 2019	203.41	Cons. · IFRS
FYE Mar 2020	61.32	Cons. · IFRS
FYE Mar 2021	69.84	Cons. · IFRS
FYE Mar 2022	148.00	Cons. · IFRS
FYE Mar 2023	160.18	Cons. · IFRS
FYE Mar 2024	172.09	Cons. · IFRS
FYE Mar 2025	25.59	Cons. · IFRS
FYE Mar 2026	26.00	Cons. · IFRS

Definition: Equity behind each share
Formula: Equity ÷ shares outstanding
Source: Securities report (XBRL)

PER price-to-earnings ratio

FYE Mar 2026 18.60×

Average · 8 yrs 15.45×

Fiscal year	PER ×	Basis
FYE Mar 2017	n/a	Cons.
FYE Mar 2018	n/a	Cons.
FYE Mar 2019	12.90	Cons.
FYE Mar 2020	13.80	Cons.
FYE Mar 2021	13.90	Cons.
FYE Mar 2022	13.00	Cons.
FYE Mar 2023	13.60	Cons.
FYE Mar 2024	18.90	Cons.
FYE Mar 2025	18.90	Cons.
FYE Mar 2026	18.60	Cons.

Definition: How many years of earnings the price stands for
Formula: Year-end price ÷ EPS
Source: Securities report (XBRL)

PBR price-to-book ratio

FYE Mar 2026 3.83×

Average · 8 yrs 4.19×

Fiscal year	PBR ×	Basis
FYE Mar 2017	n/a	Cons.
FYE Mar 2018	n/a	Cons.
FYE Mar 2019	3.98	Cons.
FYE Mar 2020	6.49	Cons.
FYE Mar 2021	4.40	Cons.
FYE Mar 2022	3.43	Cons.
FYE Mar 2023	3.25	Cons.
FYE Mar 2024	4.07	Cons.
FYE Mar 2025	4.08	Cons.
FYE Mar 2026	3.83	Cons.

Definition: The price measured against the book value behind it
Formula: Year-end price ÷ BPS
Source: Securities report (XBRL)

Workforce and productivity Headcount, pay and what each employee accounts for

Group employees

FYE Mar 2026 58,432people

Change · 10 yrs +38,399 people

Fiscal year	Group employees people	YoY	Basis
FYE Mar 2017	20,033	n/a	Cons.
FYE Mar 2018	20,220	+0.9%	Cons.
FYE Mar 2019	23,059	+14.0%	Cons.
FYE Mar 2020	37,821	+64.0%	Cons.
FYE Mar 2021	47,313	+25.1%	Cons.
FYE Mar 2022	49,581	+4.8%	Cons.
FYE Mar 2023	54,986	+10.9%	Cons.
FYE Mar 2024	55,400	+0.8%	Cons.
FYE Mar 2025	55,070	−0.6%	Cons.
FYE Mar 2026	58,432	+6.1%	Cons.

Definition: Everyone employed across the group
Formula: Consolidated headcount, from the employee section of the filing
Source: Securities report (XBRL)

Parent-company employees

FYE Mar 2026 19,150people

Change · 10 yrs +1,974 people

Fiscal year	Parent-company employees people	YoY	Basis
FYE Mar 2017	17,176	n/a	Parent
FYE Mar 2018	17,148	−0.2%	Parent
FYE Mar 2019	17,115	−0.2%	Parent
FYE Mar 2020	17,299	+1.1%	Parent
FYE Mar 2021	18,173	+5.1%	Parent
FYE Mar 2022	18,929	+4.2%	Parent
FYE Mar 2023	19,045	+0.6%	Parent
FYE Mar 2024	18,889	−0.8%	Parent
FYE Mar 2025	18,895	−0.0%	Parent
FYE Mar 2026	19,150	+1.3%	Parent

Definition: Employees of the filing company itself
Formula: Parent-only headcount, from the employee section of the filing
Source: Securities report (XBRL)

Average annual pay parent company

FYE Mar 2026 871万円

Change · 8 yrs +138万円

Fiscal year	Average annual pay 万円	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	733	n/a	Parent
FYE Mar 2020	782	+6.7%	Parent
FYE Mar 2021	821	+4.9%	Parent
FYE Mar 2022	808	−1.5%	Parent
FYE Mar 2023	805	−0.4%	Parent
FYE Mar 2024	811	+0.7%	Parent
FYE Mar 2025	849	+4.8%	Parent
FYE Mar 2026	871	+2.6%	Parent

Definition: Average total annual compensation, bonuses included
Formula: Average annual pay, from the employee section of the filing
Source: Securities report (XBRL)

Average age

FYE Mar 2026 42.0years

Change · 8 yrs +2.7 years

Fiscal year	Average age years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	39.3	n/a	Parent
FYE Mar 2020	39.7	+1.0%	Parent
FYE Mar 2021	40.1	+1.0%	Parent
FYE Mar 2022	40.5	+1.0%	Parent
FYE Mar 2023	40.8	+0.7%	Parent
FYE Mar 2024	41.3	+1.2%	Parent
FYE Mar 2025	41.7	+1.0%	Parent
FYE Mar 2026	42.0	+0.7%	Parent

Definition: Average age of the parent company's employees
Formula: Average age, from the employee section of the filing
Source: Securities report (XBRL)

Average length of service

FYE Mar 2026 14.8years

Change · 8 yrs +2.7 years

Fiscal year	Average length of service years	YoY	Basis
FYE Mar 2017	n/a	n/a	Parent
FYE Mar 2018	n/a	n/a	Parent
FYE Mar 2019	12.1	n/a	Parent
FYE Mar 2020	12.4	+2.5%	Parent
FYE Mar 2021	12.7	+2.4%	Parent
FYE Mar 2022	13.1	+3.1%	Parent
FYE Mar 2023	13.5	+3.1%	Parent
FYE Mar 2024	14.1	+4.4%	Parent
FYE Mar 2025	14.5	+2.8%	Parent
FYE Mar 2026	14.8	+2.1%	Parent

Definition: How long the average employee has been with the company
Formula: Average years of service, from the employee section of the filing
Source: Securities report (XBRL)

Temporary employees

FYE Mar 2026 22,906people

Change · 9 yrs +17,237 people

Fiscal year	Temporary employees people	YoY	Basis
FYE Mar 2017	n/a	n/a	n/a
FYE Mar 2018	5,669	n/a	n/a
FYE Mar 2019	6,550	+15.5%	n/a
FYE Mar 2020	13,129	+100.4%	n/a
FYE Mar 2021	18,607	+41.7%	n/a
FYE Mar 2022	21,096	+13.4%	n/a
FYE Mar 2023	21,954	+4.1%	n/a
FYE Mar 2024	23,941	+9.1%	n/a
FYE Mar 2025	22,888	−4.4%	n/a
FYE Mar 2026	22,906	+0.1%	n/a

Definition: Average number of temporary and part-time staff over the year
Formula: Average temporary headcount, from the employee section of the filing
Source: Securities report (XBRL)

Revenue per employee

FYE Mar 2026 ¥120m

Change · 10 yrs −¥53.4m

Fiscal year	Revenue per employee ¥ m	YoY	Basis
FYE Mar 2017	174	n/a	Cons.
FYE Mar 2018	177	+1.9%	Cons.
FYE Mar 2019	202	+14.0%	Cons.
FYE Mar 2020	129	−36.4%	Cons.
FYE Mar 2021	110	−14.4%	Cons.
FYE Mar 2022	115	+4.3%	Cons.
FYE Mar 2023	108	−6.3%	Cons.
FYE Mar 2024	110	+2.1%	Cons.
FYE Mar 2025	119	+8.2%	Cons.
FYE Mar 2026	120	+1.4%	Cons.

Definition: What each employee accounts for in revenue
Formula: Revenue ÷ group employees
Source: Securities report (XBRL)

Operating profit per employee

FYE Mar 2026 ¥17.8m

Change · 9 yrs −¥13.7m

Fiscal year	OP per employee ¥ m	YoY	Basis
FYE Mar 2017	n/a	n/a	Cons.
FYE Mar 2018	31.5	n/a	Cons.
FYE Mar 2019	35.5	+12.5%	Cons.
FYE Mar 2020	24.1	−32.1%	Cons.
FYE Mar 2021	20.5	−14.9%	Cons.
FYE Mar 2022	19.5	−5.1%	Cons.
FYE Mar 2023	19.3	−1.0%	Cons.
FYE Mar 2024	15.8	−18.0%	Cons.
FYE Mar 2025	18.0	+13.6%	Cons.
FYE Mar 2026	17.8	−0.6%	Cons.

Definition: What each employee accounts for in operating profit
Formula: Operating profit ÷ group employees
Source: Securities report (XBRL)

Disclaimer

Figures are reproduced as filed and are not restated: a change of accounting standard or of consolidation basis moves the series without anything happening to the business. Where that happened, the table says so in place of the year-on-year figure.
Ratios and per-employee figures are computed from the filed lines rather than taken from the filing, and use year-end balances rather than averages.

Accuracy, liability, reuse and privacy — the full disclaimer →

Data API

SoftBank Corp.’s history, presidents and financials are published as static JSON — no key, plain GET. One API per public page, and one per section where a page carries several tables. Full specification →

/api/9434/company.json ·/api/9434/history.json ·/api/9434/ceo.json ·/api/9434/financials.json ·/api/9434/financials/segment.json ·/api/9434/financials/pl.json ·/api/9434/financials/cf.json ·/api/9434/financials/bs.json ·/api/9434/financials/employee.json ·/api/9434/financials/stock.json ·/api/9434/financials.csv ·/api/9434/financials_history.csv

/api/companies.json ·/api/decisions.json ·/api/api-manifest.json