SoftBank Corp.9434東証プライム情報・通信業FY ending Mar 2026, consolidated, IFRS

SoftBank Corp. revenue and profit

Out of every ¥100 of sales, about ¥15 is left as operating profit. Revenue changed +7.6% from the prior year, operating profit +5.4%.

Five-year trend

Revenue¥7.04T
FY ending Mar 2022: ¥5.69T¥5.69TFY ending Mar 2023: ¥5.91T¥5.91TFY ending Mar 2024: ¥6.08T¥6.08TFY ending Mar 2025: ¥6.54T¥6.54TFY ending Mar 2026: ¥7.04T¥7.04TFY22FY23FY24FY25FY26
Operating income¥1.04T
FY ending Mar 2022: ¥965.6B¥965.6BFY ending Mar 2023: ¥1.06T¥1.06TFY ending Mar 2024: ¥876.1B¥876.1BFY ending Mar 2025: ¥989B¥989BFY ending Mar 2026: ¥1.04T¥1.04TFY22FY23FY24FY25FY26
Operating margin14.8%
FY ending Mar 2022: 17.0%17.0%FY ending Mar 2023: 17.9%17.9%FY ending Mar 2024: 14.4%14.4%FY ending Mar 2025: 15.1%15.1%FY ending Mar 2026: 14.8%14.8%FY22FY23FY24FY25FY26

What drives ROE

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

Net margin7.8%
Asset turnover0.41×
ROA3.2%
ROA3.2%
Financial leverage6.07×
ROE19.3%

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

Net margin7.8%
2022: 9.1%9.1%2023: 9.0%9.0%2024: 8.0%8.0%2025: 8.0%8.0%2026: 7.8%7.8%2223242526
Asset turnover0.41×
2022: 0.43×0.43×2023: 0.43×0.43×2024: 0.40×0.40×2025: 0.41×0.41×2026: 0.41×0.41×2223242526
ROA3.2%
2022: 3.9%3.9%2023: 3.8%3.8%2024: 3.2%3.2%2025: 3.3%3.3%2026: 3.2%3.2%2223242526
Financial leverage6.07×
2022: 6.68×6.68×2023: 6.64×6.64×2024: 6.56×6.56×2025: 6.18×6.18×2026: 6.07×6.07×2223242526
ROE19.3%
2022: 26.4%26.4%2023: 25.4%25.4%2024: 21.3%21.3%2025: 20.5%20.5%2026: 19.3%19.3%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20229.1%0.43×3.9%6.68×26.4%
20239.0%0.43×3.8%6.64×25.4%
20248.0%0.40×3.2%6.56×21.3%
20258.0%0.41×3.3%6.18×20.5%
20267.8%0.41×3.2%6.07×19.3%

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 ÷ revenue28.5%
2021: 24.0%24.0%2022: 26.2%26.2%2023: 28.3%28.3%2024: 29.1%29.1%2025: 30.1%30.1%2026: 28.5%28.5%212223242526
PPE ÷ total assets10.8%
2021: 9.9%9.9%2022: 11.4%11.4%2023: 11.4%11.4%2024: 11.4%11.4%2025: 12.2%12.2%2026: 10.8%10.8%212223242526
Goodwill ÷ parent equity74.0%
2021: 77.9%77.9%2022: 72.7%72.7%2023: 89.6%89.6%2024: 86.2%86.2%2025: 75.4%75.4%2026: 74.0%74.0%212223242526
Goodwill balance¥2.19T
2021: ¥1.42T¥1.42T2022: ¥1.42T¥1.42T2023: ¥1.99T¥1.99T2024: ¥2.05T¥2.05T2025: ¥2.07T¥2.07T2026: ¥2.19T¥2.19T212223242526

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¥96.8B
2021: ¥16.5B¥16.5B2022: ¥42.8B¥42.8B2023: ¥56.1B¥56.1B2024: ¥60.4B¥60.4B2025: ¥73.9B¥73.9B2026: ¥96.8B¥96.8B212223242526
R&D / revenue1.4%
2021: 0.3%0.3%2022: 0.8%0.8%2023: 0.9%0.9%2024: 1.0%1.0%2025: 1.1%1.1%2026: 1.4%1.4%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
Revenue5,690,6065,911,9996,084,0026,544,3497,038,680
Cost of revenue2,889,1163,194,0853,150,6533,384,1153,654,685
Gross profit2,801,4902,717,9142,933,3493,160,2343,383,995
SG&A1,858,7091,964,5802,081,7652,200,5912,384,078
Operating income965,5531,060,168876,068989,0161,042,576
Pretax income858,011862,868805,912880,057930,022
Income tax282,578208,743215,647224,771203,399
Net income attributable to owners517,075531,366489,074526,133550,759
Operating margin17.0%17.9%14.4%15.1%14.8%

Balance sheet (reported items)

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

Assets

8%
Property, plant and equipment 11%
Intangibles and goodwill 12%
Other assets 69%

Funding

Interest-bearing debt 35%
Other liabilities 40%
Equity 25%

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¥1.55T¥2.06T¥1.99T¥1.44T¥1.44T
Total assets¥13.1T¥14.7T¥15.5T¥16.1T¥18.5T
Net assets¥3.21T¥3.68T¥3.94T¥4.27T¥4.67T
Share capital¥204.3B¥204.3B¥214.4B¥228.2B¥244.4B
Property, plant and equipment¥1.49T¥1.67T¥1.77T¥1.97T¥2T
Goodwill¥1.42T¥1.99T¥2.05T¥2.07T¥2.19T
Current assets¥4.13T¥4.95T¥5.27T¥4.86T¥5.41T
Interest-bearing debt¥6T¥6.13T¥6.32T¥5.96T¥6.48T
Total liabilities¥9.88T¥11T¥11.6T¥11.8T¥13.8T
Equity attributable to owners of parent¥1.96T¥2.22T¥2.38T¥2.74T¥2.96T
Retained earnings¥1.13T¥1.39T¥1.48T¥1.59T¥1.73T
Treasury stock-¥106.5B-¥74.1B-¥75.8B-¥29.2B-¥27.1B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第40期(2025/04/01-2026/03/31)

    ID S100YE762026-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第39期(2024/04/01-2025/03/31)

    ID S100W3P22025-06-25Open
  • EDINET (FSA Japan)

    有価証券報告書-第38期(2023/04/01-2024/03/31)

    ID S100TP4K2024-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第37期(2022/04/01-2023/03/31)

    ID S100R04O2023-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第36期(令和3年4月1日-令和4年3月31日)

    ID S100OEL72022-06-24Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第35期(令和2年4月1日-令和3年3月31日)

    ID S100LYKP2021-07-09Open

Extracted from XBRL: 45 / Derived from other figures: 1

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