February 24, 2017 12:59 AM ET

Wireless Telecommunication Services

Company Overview of SoftBank Corp.

Company Overview

SoftBank Corp. provides mobile communications services in Japan. The company offers its mobile data communication services through 3G and 4G networks. It also provides content for mobile Internet and sells mobile phone handsets. It has strategic alliances with Alibaba Group Holding Limited and Sumitomo Life Insurance Company. The company was formerly known as SoftBank Mobile Corp. and changed its name to SoftBank Corp. in May 2015. The company was founded in 1994 and is based in Tokyo, Japan. SoftBank Corp. operates as a subsidiary of SoftBank Group Corp.

1-9-1 Higashi-shimbashi

Minato-ku

Tokyo,  105-7317

Japan

Founded in 1994

6,714 Employees

Phone:

81 3 6889 6413

Fax:

81 3 6889 6622

Key Executives for SoftBank Corp.

Chief Executive Officer and President
Age: 67
Chief Financial Officer, Executive Vice President and Director
Age: 57
Executive Vice President and Director
Age: 51
Senior Vice President
Age: 54
Executive Vice President and Director
Compensation as of Fiscal Year 2016.

SoftBank Corp. Key Developments

Big Basket And Grofers Reportedly Mulls Merger Talks

Supermarket Grocery Supplies Pvt Ltd (Big Basket) and Grofers India Private Limited are reportedly exploring merger talks. Both have held merger talks, though these discussions are preliminary and have moved slowly so far, multiple people familiar with the matter said on the condition of anonymity. Sources in the know said talks between the two parties, which started in November 2016, will be brought up during BigBasket's board meeting scheduled for end of January 2017. The next steps also hinge on BigBasket's financing round, which if done successfully may scupper the proposed deal. Also, Grofer's backers SoftBank Corp. and Tiger Global Management LLC, ploughing fresh funds into the merged entity , could also be an important criterion for deciding the future course of talks. Hari Menon, co-founder of BigBasket, said, “We do not respond to speculations like these. We are in a very comfortable position on capital availability.” Albinder Dhindsa, co-founder Chief Executive Officer of Grofers, said, “We don't comment on speculation. Our business has grown 50% over the last quarter and we continue to work on building a sustainable grocery business. Currently, we are not looking at any investments or strategic options.”

SoftBank Corp. Presents at UBS 44th Annual Global Media and Communications Conference 2016, Dec-05-2016 through Dec-07-2016

SoftBank Corp. Presents at UBS 44th Annual Global Media and Communications Conference 2016, Dec-05-2016 through Dec-07-2016. Venue: Grand Hyatt, 109 East 42nd Street, New York, New York, United States. Presentation Date(s): Dec-05-2016. Dec-06-2016.

SoftBank Unveils Star Wars Smartphones in Japan

SoftBank has introduced 'Star Wars' mobile phones on the local market. Made by Sharp, the devices will be commercially available in Japan starting with 2 December. The smartphones feature 5.3-inch display, Snapdragon 820 processor, 22-megapixel camera, and 3,000mAh battery, as well as TV tuner, 3GB of RAM, and 32GB of storage.

Similar Private Companies By Industry

Company Name Region
a2network Corporation Asia
admax Co., Ltd. Asia
Bridge, Inc. Asia
Cross Concept Corporation Asia
E-TREK JAPAN Co., Ltd. Asia

Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 1, 2016
NextVR, Inc.
Buyback
June 21, 2016
GungHo Online Entertainment, Inc.
Buyback
June 4, 2016
GungHo Online Entertainment, Inc.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact SoftBank Corp., please visit www.softbank.jp/en/corp/group/sbm/. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.