SoftBank GroupSoftBank Group Corp.9984東証プライム情報・通信業FY ending Mar 2026, consolidated, IFRS

SoftBank Group revenue and profit

Operating profit was close to zero, a slight profit per ¥100 of sales. Revenue changed +7.7% from the prior year.

Five-year trend

Revenue¥7.8T
FY ending Mar 2022: ¥6.22T¥6.22TFY ending Mar 2023: ¥6.57T¥6.57TFY ending Mar 2024: ¥6.76T¥6.76TFY ending Mar 2025: ¥7.24T¥7.24TFY ending Mar 2026: ¥7.8T¥7.8TFY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin64.1%
Asset turnover0.15×
ROA9.5%
ROA9.5%
Financial leverage3.62×
ROE34.3%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin64.1%
2025: 15.9%15.9%2026: 64.1%64.1%2223242526
Asset turnover0.15×
2025: 0.16×0.16×2026: 0.15×0.15×2223242526
ROA9.5%
2022: -3.6%-3.6%2023: -2.1%-2.1%2024: -0.5%-0.5%2025: 2.5%2.5%2026: 9.5%9.5%2223242526
Financial leverage3.62×
2025: 4.04×4.04×2026: 3.62×3.62×2223242526
ROE34.3%
2025: 10.2%10.2%2026: 34.3%34.3%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
2022——×-3.6%—×—
2023——×-2.1%—×—
2024——×-0.5%—×—
202515.9%0.16×2.5%4.04×10.2%
202664.1%0.15×9.5%3.62×34.3%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue44.2%
2021: 29.6%29.6%2022: 29.6%29.6%2023: 27.1%27.1%2024: 28.1%28.1%2025: 39.1%39.1%2026: 44.2%44.2%212223242526
PPE ÷ total assets5.7%
2021: 3.6%3.6%2022: 3.9%3.9%2023: 4.1%4.1%2024: 4.1%4.1%2025: 6.3%6.3%2026: 5.7%5.7%212223242526
Goodwill ÷ parent equity41.5%
2021: 45.9%45.9%2022: 49.1%49.1%2023: 57.6%57.6%2024: 51.2%51.2%2025: 50.0%50.0%2026: 41.5%41.5%212223242526
Goodwill balance¥7.31T
2021: ¥4.68T¥4.68T2022: ¥4.9T¥4.9T2023: ¥5.2T¥5.2T2024: ¥5.71T¥5.71T2025: ¥5.78T¥5.78T2026: ¥7.31T¥7.31T212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥975.5B
2021: ¥178.1B¥178.1B2022: ¥200.7B¥200.7B2023: ¥319.5B¥319.5B2024: ¥440B¥440B2025: ¥507.6B¥507.6B2026: ¥975.5B¥975.5B212223242526
R&D / revenue12.5%
2021: 3.2%3.2%2022: 3.2%3.2%2023: 4.9%4.9%2024: 6.5%6.5%2025: 7.0%7.0%2026: 12.5%12.5%212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue6,221,5346,570,4396,756,5007,243,7527,798,650
Cost of revenue2,955,9603,242,3973,214,1083,489,5493,782,511
Gross profit3,265,5743,328,0423,542,3923,754,2034,016,139
SG&A2,551,7222,695,3282,982,3833,024,4094,020,928
Operating income—————
Pretax income-869,562-469,12757,8011,704,7216,134,905
Income tax592,637320,674-151,416101,613502,929
Net income attributable to owners-1,708,029-970,144-227,6461,153,3325,002,271
Operating margin—————

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 9%
6%
Intangibles and goodwill 12%
Other assets 73%

Funding

Interest-bearing debt 40%
Other liabilities 26%
Equity 34%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥5.17T¥6.93T¥6.19T¥3.71T¥5.36T
Total assets¥47.5T¥43.9T¥46.7T¥45T¥60.7T
Net assets¥11.7T¥10.6T¥13.2T¥14T¥20.5T
Share capital¥238.8B¥238.8B¥238.8B¥238.8B¥238.8B
Property, plant and equipment¥1.84T¥1.78T¥1.9T¥2.83T¥3.45T
Goodwill¥4.9T¥5.2T¥5.71T¥5.78T¥7.31T
Current assets¥10T¥10.6T¥11.4T¥9.43T¥11.8T
Interest-bearing debt¥21.5T¥19.5T¥20.6T¥18T¥24.7T
Total liabilities¥35.8T¥33.3T¥33.5T¥31.1T¥40.3T
Equity attributable to owners of parent¥9.98T¥9.03T¥11.2T¥11.6T¥17.6T
Retained earnings¥4.52T¥2.01T¥1.63T¥2.7T¥7.32T
Treasury stock-¥406.4B-¥38.8B-¥22.7B-¥256.3B-¥24.8B

Sources

Show source documents (10)
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    ID S100LVY92021-06-30Open
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    有価証券報告書-第40期(平成31年4月1日-令和2年3月31日)

    ID S100IYQ12020-06-25Open
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    有価証券報告書-第39期(平成30年4月1日-平成31年3月31日)

    ID S100G1JI2019-06-19Open
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    有価証券報告書-第38期(平成29年4月1日-平成30年3月31日)

    ID S100D87G2018-06-21Open
  • EDINET (FSA Japan)

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    ID S100AHUP2017-06-21Open

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