Earnings Results for the Nine-month Period Ended December 31, 2021 Investor Briefing February 10, 2022 SoftBank Group Corp. Disclaimers This presentation provides relevant information about SoftBank Group Corp. ("SBG") and its subsidiaries (together with SBG, the "Company") and its affiliates (together with the Company, the "Group") and does not constitute or form any solicitation of investment including any offer to buy or subscribe for any securities in any jurisdiction. This presentation contains forward ...

Financial Data and Key Metrics Changes - The company reported a significant loss of approximately ¥1 trillion in net asset value (NAV) over the last three months, indicating a downward trend in performance [21][24][22] - The NAV is considered more important than traditional accounting metrics like sales and income, emphasizing the company's focus on investment value [21][25] - The company aims to maintain a loan-to-value (LTV) ratio below 25%, currently managing to stay below this threshold [28][27] Business Line Data and Key Metrics Changes - The mobile segment revenues grew by 29% year-on-year in FY '21, driven by the rollout of the new version 9 architecture and the migration to 5G [75] - The automotive segment experienced remarkable growth of 139% year-on-year, reflecting the increasing demand for computing power in smarter and electric vehicles [76] - The infrastructure segment revenues grew by 65% year-to-date, showcasing strong momentum in this area [77] Market Data and Key Metrics Changes - The company has seen a significant shift in its portfolio, with Alibaba's share price decline impacting NAV, now accounting for only 24% of the NAV compared to 60% at its peak [23][24] - The U.S. and other markets are performing well, while the Chinese market has seen substantial losses, particularly through investments in companies like DiDi [24][32] Company Strategy and Development Direction - The company plans to prepare for the most significant IPO in the semiconductor industry, with a focus on Arm's growth and market position [19][57] - The strategy includes expanding into data centers and automotive markets, leveraging Arm's strong software ecosystem and energy efficiency [66][69] - The management emphasizes a bold strategy moving forward, aiming to establish a strong business model as they prepare for the IPO [80] Management's Comments on Operating Environment and Future Outlook - The management described the current environment as a "winter storm," with challenges from rising interest rates and stock price declines for growth companies [20][38] - Despite these challenges, the management believes in an eventual recovery and growth, particularly in the smartphone, cloud, and automotive sectors [38][57] - The management expressed confidence in Arm's potential to address future computing power demands across various industries, including electric vehicles and cloud computing [55][56] Other Important Information - The company has terminated the sale of Arm to NVIDIA due to regulatory challenges, returning to the original plan of taking Arm public [13][15] - The leadership transition at Arm is aimed at accelerating growth, with new management expected to drive the company forward [60][80] Q&A Session Summary Question: What is the outlook for Arm's growth and IPO? - The management highlighted that Arm is preparing for a significant IPO, with expectations of entering a growth stage and capitalizing on market opportunities [19][57] Question: How is the company addressing the challenges in the current market? - The management acknowledged the ongoing challenges but expressed confidence in the company's strategy and the potential for recovery in the coming years [20][38] Question: What are the key growth areas for Arm moving forward? - The focus will be on expanding in the automotive and data center markets, leveraging Arm's energy-efficient architecture and strong software ecosystem [66][69]

Financial Data and Key Metrics Changes - The company reported a net income of ¥1.8 trillion for the first half of the fiscal year, a significant decrease of ¥360 billion compared to the previous period, effectively representing a loss of ¥6 trillion in net asset value (NAV) [5][6][10] - The NAV decreased from ¥27 trillion to ¥20 trillion, with Alibaba's share dropping from 60% to 28% of the total NAV [10][11] Business Line Data and Key Metrics Changes - The Vision Fund accounted for 44% of the total NAV, showing growth from 16% in the previous year, while Alibaba's share significantly decreased [9][10] - The Vision Fund lost approximately ¥1 trillion in the last three months, but cumulatively it has gained ¥6 trillion since its inception [16][17] Market Data and Key Metrics Changes - The U.S. market showed steady growth, while the Chinese market, heavily influenced by Alibaba, faced significant declines [11][21] - The company's loan-to-value (LTV) ratio is currently at 19%, indicating a safer financial position compared to previous years when it reached 65% [13][15] Company Strategy and Development Direction - The company aims to increase investments in Japanese companies, with a focus on AI unicorns, despite currently low numbers in the pipeline [50][66] - The strategy includes a share buyback of ¥1 trillion to enhance shareholder value, taking advantage of the current discount in NAV [43][84] Management's Comments on Operating Environment and Future Outlook - The management expressed optimism despite the current challenges, referring to the situation as a "blizzard" but noting potential growth opportunities [5][41] - The management highlighted the importance of maintaining a disciplined financial approach while exploring new investment opportunities [84][88] Other Important Information - The company is focusing on diversifying its portfolio and reducing risks by investing smaller amounts in a larger number of deals [54][55] - The management acknowledged the challenges posed by the regulatory environment in China but remains committed to investing in AI-related companies [80] Q&A Session Summary Question: What is the investment policy for Japanese companies? - The company aims to increase investments in Japanese companies, with the first investment made by the Vision Fund and more expected in the future [50] Question: What is the commitment for SVF 2? - The company plans to maintain a commitment of about ¥100 million in investments annually, considering LTV and other key performance indicators [52][53] Question: How does the company view the regulatory environment in China? - The management is concerned about the regulatory environment but believes that the risk is manageable due to the reduced percentage of Chinese investments in the NAV [88] Question: What is the outlook for PayPay? - The management is confident in PayPay's growth potential and aims to turn it profitable soon, despite current losses [69] Question: What is the company's view on the market environment for Japanese startups? - The management sees challenges in Japan's startup ecosystem but believes that success stories will encourage more young entrepreneurs [94]

█ SoftBank Earnings Results for the 6-month Period ended September 30, 2021 November 8, 2021 Disclaimers This presentation provides relevant information about SoftBank Group Corp. ("SBG") and its subsidiaries (together with SBG, the "Company") and its affiliates (together with the Company, the "Group") and does not constitute or form any solicitation of investment including any offer to buy or subscribe for any securities in any jurisdiction. This presentation contains forward-looking statements, beliefs or ...

SoftBank Group Corp. (OTCPK:SFTBY) Q1 2022 Results Conference Call August 10, 2021 3:30 AM ET Company Participants Masayoshi Son - Chairman and CEO Yoshimitsu Goto - Board Director and CFO Kazuko Kimiwada - SVP and Head of Accounting Unit Conference Call Participants Reo Otsubo - Sankei Masahiro Nakagawa - Toyo Keizai Masaaki Kudo - Nikkei Eriko Wada - Nikkei Operator Thank you very much for waiting, everyone. Now we would like to start the SoftBank Group Corp. Earnings Results Announcement for the 3-month ...

█ SoftBank Earnings Results for the 3-month Period ended June 30, 2021 August 10, 2021 Disclaimers This presentation provides relevant information about SoftBank Group Corp. ("SBG") and its subsidiaries (together with SBG, the "Company") and its affiliates (together with the Company, the "Group") and does not constitute or form any solicitation of investment including any offer to buy or subscribe for any securities in any jurisdiction. This presentation contains forward-looking statements, beliefs or opini ...

SoftBank Group Corp. (OTCPK:SFTBY) Q4 2021 Earnings Conference Call May 12, 2021 3:30 AM ET Â Company Participants Masayoshi Son - Chairman and CEO Yoshimitsu Goto - Board Director, Senior Vice President and CFO Kazuko Kimiwada - Senior Vice President, Head of Accounting Unidentified Company Representative Thank you very much for waiting, everyone. We would like to now start SoftBank Group's earnings results announcement for the fiscal year ended March 31, 2021. Now I would like to introduce today's partici ...

█ SoftBank Group Earnings Results for the Fiscal Year ended March 31, 2021 May 12, 2021 Disclaimers This presentation provides relevant information about SoftBank Group Corp. ("SBG") and its subsidiaries (together with SBG, the "Company") and its affiliates (together with the Company, the "Group") and does not constitute or form any solicitation of investment including any offer to buy or subscribe for any securities in any jurisdiction. This presentation contains forward-looking statements, beliefs or opin ...

| SoftBank Earnings Results for the 9-month Period ended December 31, 2020 February 8, 2021 Disclaimers This presentation provides relevant information about SoftBank Group Corp. ("SBG") and its subsidiaries (together with SBG, the "Company") and its affiliates (together with the Company, the "Group") and does not constitute or form any solicitation of investment including any offer to buy or subscribe for any securities in any jurisdiction. This presentation contains forward-looking statements, beliefs or ...

Financial Data and Key Metrics Changes - The company achieved a net income of JPY 3 trillion for the nine-month period, which is a significant increase compared to previous periods, but the CEO expressed that this level is not satisfactory yet [10][11] - The net asset value (NAV) increased by JPY 1.2 trillion, reaching JPY 22.9 trillion, indicating a strong financial position [12] - The loan-to-value ratio was reported at 15%, which is considered a healthy status for the company [16] Business Line Data and Key Metrics Changes - Vision Fund 1 has invested in 92 companies, while Vision Fund 2 has invested in 39 companies, totaling 131 companies [31] - The Vision Fund has seen a significant turnaround, with gains of JPY 2.7 trillion reported for the fourth quarter, compared to a loss of JPY 929 billion in the previous year [33] Market Data and Key Metrics Changes - The company noted concerns regarding Alibaba and Ant Group, but highlighted that Alibaba reported a 50% increase in net income, indicating stable operations [13] - The market environment is described as challenging due to the pandemic, but the company remains optimistic about future growth opportunities [3][4] Company Strategy and Development Direction - The company is focusing on the AI revolution and aims to produce "golden eggs" through its investments, emphasizing a proactive approach rather than a passive investment strategy [67][68] - The CEO mentioned a "turbocharger strategy" to enhance the growth of portfolio companies, indicating a commitment to active management and support [68][70] Management's Comments on Operating Environment and Future Outlook - The management expressed confidence in the long-term growth potential of AI companies, viewing short-term market fluctuations as opportunities rather than threats [92] - The CEO communicated a positive outlook for the future of internet companies in China, suggesting that regulatory changes could lead to healthier business practices [96] Other Important Information - The company has monetized JPY 4.5 trillion of its assets to strengthen its financial position during the pandemic [5] - The CEO emphasized the importance of creating dedicated teams for specific industries to improve investment outcomes [86] Q&A Session Summary Question: Status of SB Northstar and Vision Fund 2 improvements - The CEO confirmed that SB Northstar is still in the testing phase but has turned positive as of February, and improvements in Vision Fund 2 are ongoing with a focus on creating dedicated teams for better analysis [82][85][86] Question: Strategy during market downturns - The CEO stated that the company is not concerned with short-term market fluctuations and aims to contribute to industrial evolution, viewing downturns as opportunities [90][92] Question: Alibaba's value and communication with Jack Ma - The CEO discussed the importance of regulations in China for internet companies and shared that communication with Jack Ma has been more personal, focusing on hobbies rather than business [93][96][97]