SFTBY - SoftBank Group Corp.

Other OTC - Other OTC Delayed Price. Currency in USD
42.94
+0.94 (+2.24%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close42.00
Open43.10
Bid0.00 x 0
Ask0.00 x 0
Day's Range42.68 - 43.40
52 Week Range34.82 - 46.56
Volume591,703
Avg. Volume287,282
Market Cap93.273B
Beta0.94
PE Ratio (TTM)10.44
EPS (TTM)4.11
Earnings DateN/A
Forward Dividend & Yield0.20 (0.53%)
Ex-Dividend Date2018-03-28
1y Target EstN/A
Trade prices are not sourced from all markets
  • SoftBank's cheap valuation draws $1 billion bet from U.S. fund Tiger Global
    Reuters3 days ago

    SoftBank's cheap valuation draws $1 billion bet from U.S. fund Tiger Global

    TOKYO/SINGAPORE (Reuters) - U.S. hedge fund Tiger Global has built a stake worth over $1 billion (757 million pounds)in SoftBank Group Corp (9984.T) as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent. The bump added nearly $6 billion to SoftBank's market capitalization, narrowing the gap between the company's limited valuation as a conglomerate and the valuation that the company says it deserves, thanks to its rich investments. The Japanese tech and telecoms firm, which holds a nearly 30 percent stake in Chinese e-commerce giant Alibaba (BABA.N), has recently started taking action to address the issue, including preparing a listing of its domestic telecoms unit.

  • SoftBank Launching App to Find Parking Spaces in Japan
    Bloomberg3 days ago

    SoftBank Launching App to Find Parking Spaces in Japan

    SoftBank Group Corp. is rolling out a new app that will let drivers find and reserve parking spaces across Japan. The new service, called BLUU Smart Parking, will let drivers find open parking spots, reserve them in advance and pay fees using smartphones. Each location will have cameras and magnetic sensors to monitor cars as they enter and leave, instead of the restraining locks that are common in Japan.

  • SoftBank Launching App for Finding Parking Spaces in Japan
    Bloomberg3 days ago

    SoftBank Launching App for Finding Parking Spaces in Japan

    SoftBank Group Corp. is rolling out a new app that will let drivers find and reserve parking spaces across Japan. The new service, called BLUU Smart Parking, will let drivers find open parking spots, reserve them in advance and pay fees using smartphones. Each location will have cameras and magnetic sensors to monitor cars as they enter and leave, instead of the restraining locks that are common in Japan.

  • Does President Trump’s Move Against China Mobile Even Matter?
    Motley Fool3 days ago

    Does President Trump’s Move Against China Mobile Even Matter?

    The Chinese telecom probably dodged a bullet.

  • The Wall Street Journal4 days ago

    [$$] SoftBank Burns Bright for a Tiger

    owns is worth more than SoftBank itself. The Japanese conglomerate jumped 6.4% Thursday after media reports of a $1 billion investment by U.S.-based Tiger Global. SoftBank’s widening conglomerate discount likely enticed the $24 billion hedge fund.

  • Reuters4 days ago

    SoftBank's cheap valuation draws $1 billion bet from U.S. fund Tiger Global

    TOKYO/SINGAPORE (Reuters) - U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm undervalued, a source with direct knowledge of the matter said, driving SoftBank shares up as much as 6.8 percent. The bump added nearly $6 billion to SoftBank's market capitalization, narrowing the gap between the company's limited valuation as a conglomerate and the valuation that the company says it deserves, thanks to its rich investments. The Japanese tech and telecoms firm, which holds a nearly 30 percent stake in Chinese e-commerce giant Alibaba, has recently started taking action to address the issue, including preparing a listing of its domestic telecoms unit.

  • Reuters4 days ago

    Nikkei ends up as weak yen offers trade fear respite; SoftBank jumps

    Japan's Nikkei rebounded on Thursday as a weaker yen offered a temporary respite to trade war fears and lifted sentiment, while index-heavyweight SoftBank soared after a source said a U.S. hedge fund took a $1 billion stake in it. The Nikkei's outperformance led the Nikkei versus Topix, the so-called NT ratio, to 12.99, the highest since March 1999. SoftBank Group, the most traded stock by turnover, jumped 6.4 percent, rising for 10 consecutive sessions after a source told Reuters that U.S. hedge fund Tiger Global has built a stake worth more than $1 billion in the company.

  • Tiger Global reportedly pours more than $1B into SoftBank, saying its shares are "undervalued"
    TechCrunch4 days ago

    Tiger Global reportedly pours more than $1B into SoftBank, saying its shares are "undervalued"

    Tiger Global has poured more than $1 billion into SoftBank Group, according to

  • Reuters4 days ago

    PRESS DIGEST- Financial Times - July 12

    The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Comcast ups Sky offer to outbid Fox https://on.ft.com/2KSkEmd ...

  • Tiger Global buys over $1 billion stake in Japan's SoftBank - FT
    Reuters4 days ago

    Tiger Global buys over $1 billion stake in Japan's SoftBank - FT

    Billionaire hedge fund manager Chase Coleman's Tiger Global said in the letter SoftBank's shares offer a buying opportunity because they have not appreciated in nearly five years, even though the value of the company's Alibaba (BABA.N) stake has increased by over $90 billion. SoftBank began investing in Alibaba in 2000.

  • Coleman's Tiger Global Is Taking $1 Billion SoftBank Stake
    Bloomberg5 days ago

    Coleman's Tiger Global Is Taking $1 Billion SoftBank Stake

    Chase Coleman’s Tiger Global Management has invested more than $1 billion in SoftBank Group Corp., according to a person with knowledge of the matter. Tiger Global told investors in a letter that the Japanese conglomerate is trading at a steep discount to its net asset value, with its share price failing to reflect the appreciation of its assets including Alibaba Group Holding Ltd., said the person. A representative for Tiger Global, which oversees about $22 billion, declined to comment.

  • MarketWatch5 days ago

    Altaba stock falls after downgrade at Gabelli

    MARKET PULSE Gabelli & Co. analyst Brett Harriss downgraded shares of Altaba Inc. (aaba) to hold from buy on Wednesday, in reaction to the company's recent announcement that it would sell about a third of its stake in Yahoo Japan to Softbank Group Corp.

  • InvestorPlace5 days ago

    The Yahoo Japan Deal Is Just One Cog in the Gear

    In an anticipated move, Japanese internet company Softbank Corp (OTCMKTS:SFTBY) recently announced that it will increase its stake in Yahoo Japan (OCTMKTS:YAHOF). The deal, which involves approximately $2 billion, and U.S. firm Altaba (NASDAQ:AABA), sets into motion Softbank’s Japanese e-commerce strategies. Altaba was once known by its more popular name Yahoo.

  • Reuters5 days ago

    SoftBank's Masayoshi Son says to carry on with deals despite trade jitters

    SoftBank Group Corp CEO Masayoshi Son said on Tuesday he was optimistic that U.S. President Donald Trump's escalation of trade disputes and heightened scrutiny of foreign investments would not affect the Japanese firm's prolific dealmaking. Trump's administration has been slapping trade tariffs on Chinese goods and blocking Chinese investments in the United States it deems a threat to U.S. national security.

  • Financial Times5 days ago

    [$$] Deutsche Bank distress

    FT premium subscribers can click here to receive Due Diligence every day by email.  the growing race to take over AC Milan, entering talks with Elliott Management over acquiring a stake in one of Europe’s most successful football clubs. Deutsche Bank rarely fails to surprise.

  • SoftBank's Son says to carry on with deals despite trade jitters
    Reuters5 days ago

    SoftBank's Son says to carry on with deals despite trade jitters

    SoftBank Group Corp CEO Masayoshi Son said on Tuesday he was optimistic that U.S. President Donald Trump's escalation of trade disputes and heightened scrutiny of foreign investments would not affect the ...

  • Financial Times5 days ago

    [$$] Tiger Global takes more than $1bn stake in SoftBank

    The stakebuilding by one of the original “Tiger Cub” hedge funds is a vote of confidence in Masayoshi Son, SoftBank’s founder, as he works to boost the stock of his conglomerate. Tiger told its investors on Wednesday that it saw his efforts bearing fruit.

  • Financial Times6 days ago

    [$$] SoftBank to spend $2bn building Yahoo Japan stake

    SoftBank’s mobile unit will spend $2bn on increasing its stake in Yahoo Japan to expand their ties in ecommerce ahead of its Tokyo listing. Under a three-way transaction, SoftBank will offer ¥360 per share, equivalent to Yahoo Japan’s closing price on Monday, to buy the shares from Altaba, the group that contains legacy assets of the Yahoo group including large stakes in Alibaba and Yahoo Japan. Once the stake is transferred to SoftBank from Altaba, Yahoo Japan will buy back $2bn of stock from SoftBank.

  • Financial Times6 days ago

    [$$] Masayoshi Son seeks to convince world of SoftBank’s true worth

    ’s annual meeting in June, Masayoshi Son readied himself to celebrate a global tech dynamo behind buccaneering mergers and acquisitions deals, a revolutionary private equity fund and visionary unicorn-hunting. People may think that this is a Masayoshi Son discount,” Mr Son said. If Mr Son is right, just how wrong the market is could become clear soon, with SoftBank on Monday filing a preliminary application for the initial public offering of its mobile phone business.

  • SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba
    Reuters6 days ago

    SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

    SoftBank Group is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with U.S. firm Altaba to deepen ties with the internet heavyweight ahead of an IPO of its telecoms unit. The transaction, with just $9 million net investment by SoftBank, allows it to boost ownership of Yahoo Japan without pressuring its already strained balance sheet. It also leaves SoftBank's domestic telecoms unit with a 12 percent stake in Yahoo Japan, highlighting for investors the two companies' ties ahead of its planned listing.

  • SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba
    Reuters6 days ago

    SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

    SoftBank Group (9984.T) is increasing its stake in Yahoo Japan through a $2 billion, three-way deal with U.S. firm Altaba (AABA.O) to deepen ties with the internet heavyweight ahead of an IPO of its telecoms unit. The transaction, with just $9 million net investment by SoftBank, allows it to boost ownership of Yahoo Japan without pressuring its already strained balance sheet. It also leaves SoftBank's domestic telecoms unit with a 12 percent stake in Yahoo Japan, highlighting for investors the two companies' ties ahead of its planned listing.

  • Son Has a Plan for Yahoo Japan. It Begins With D
    Bloomberg6 days ago

    Son Has a Plan for Yahoo Japan. It Begins With D

    A shoe just dropped for Masayoshi Son. Shares of Yahoo Japan Corp. rose as much as 13 percent Tuesday after SoftBank Group Corp. said it will buy $2 billion worth of stock in the internet portal, or an 11 percent stake, from Altaba Inc. Investors were elated because the block sale eased concerns over a messy open-market sale that could hurt minority shareholders. SoftBank’s stake will rise to about 48 percent from just under 43 percent after a concurrent buyback by Yahoo Japan. Altaba will be left with 27 percent.

  • SoftBank raises stake in Yahoo Japan in purchase from Altaba
    Associated Press6 days ago

    SoftBank raises stake in Yahoo Japan in purchase from Altaba

    TOKYO (AP) — Japanese internet company SoftBank Corp. is investing about $2 billion to raise its stake in Yahoo Japan through an acquisition from U.S. investment company Altaba Inc.

  • Reuters6 days ago

    Nikkei rises to 1-1/2-week high after Wall St rally; Yahoo Japan soars

    Japan's Nikkei share average rose to a 1-1/2-week high on Tuesday, thanks to a solid Wall Street performance, while Yahoo Japan surged on news that SoftBank Group would buy roughly $2 billion worth of ...