Softbank Corp. · TSE:9434

Softbank — FY2023 Earnings Presentation

78 slides from Softbank's earnings presentation, May 9, 2024

  1. Slide 1: SoftBank FY2023 Earnings Presentation

    == ooftBank 202473A8A RE AS 202475A9H YVIRINY DRAB

  2. Slide 2: Slide 2

  3. Slide 3: FY2023 Results

    == SoftBank 2023 sSiasein

  4. Slide 4: Consolidated results summary

    -_ == SoftBank sc Lia HS 5369,12008 63684088 3% ISUN 20224E 2023E (2) RAE, MICO THICRROBUBS SHITE LET ( SHAMBICOUT, PICLAOT BARR TALOMAB—-HEMBEALTHSS, 3

  5. Slide 5: Operating income by segment

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  6. Slide 6: Consumer segment results

    eae Fz = SoftBank 136602 fs | PayPaymmea | 2,948t8 1 46 ie #8 (PayPayBWER2 SS : 17%) 2022E 202348

  7. Slide 7: Media and e-commerce segment

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  8. Slide 8: Financial segment results

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  9. Slide 9: Distribution segment results

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  10. Slide 10: FY2023 results by segment

    2023E 28% = SoftBank [Fi] 2023E mLEA | 63K84018 Se Flin fs 8.7618 (PayPayBWERSS) : PEF AS 361 fz 4,89148 (PayPayBwleeeS) (FE GE) MAE: MRHOMAH CRS SHA O

  11. Slide 11: Financial results summary

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  12. Slide 12: Financial results summary

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  13. Slide 13: FY2024 Forecast

    == SoftBank 20245 Bimminre

  14. Slide 14: FY2024 forecast

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  15. Slide 15: FY2024 forecast by segment

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  16. Slide 16: Dividend forecast

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  17. Slide 17: Strategy and investment

    == SoftBank 20245E BtxireaEU Pa SSTHORBIcCDIW\COBAZA

  18. Slide 18: Shareholder returns

    = SoftB fa = Se Pe (pee AR) oftBank [FQ] 19660218 FPA ie ee at SE RRS hc 9, 700A BREA 225 23 24 2558 [ses] La] [Be]

  19. Slide 19: Dividend per share

    ta Flee PG (20234 8M) = SoftBank [FQ] 19660218 Ayya-ve AF4PF -EC#HhdIc SED laa lc Hes 225 23H 24 2558 [ses] [see] [Be]

  20. Slide 20: Dividend per share and payout

    is = se at PAG (RRs wet) == SoftBank [FQ] 19660218 1IKFH& PM 202548 Bick RNN-AT 1IkAs8# L NIL Bi i 5 BE 9,300fa8 ii bin 8,76 11a 22% 23 24 255 [S248] [i] [¥48] [Bm]

  21. Slide 21: Capital allocation and investment

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  22. Slide 22: AI data center GPU investment

    FRAIS\ORRERE Alt MEMO HMAEN ES 7B. 19K X—F—LLM BRA = SoftBank NVIDIA NVIDIA NVIDIA A100 H100 B200 at SRF) (Git) 0.7 EFLOPS 25.7 EFLOPS RB #13018 #1,500f84 (FS9KFOFILRMBSES IR) (FJI9K FOP SLAMS AAP) woe 2023%F%k 2024% 1 LH 20245 Fi ATVA—Wb aes ey SERENE ERR 1,300f8/¢5%X—9—LLMH | ff 3,900f8/05x—4—LLMS

  23. Slide 23: NVIDIA DGX B200 supercomputer

    + MRAISAOKRRE SoftBank @I NVIDIA. SOARES HAWBAN 202311 Azo fae RT (1,200 A) S58 **1 NVIDI sah rae B200 aes eraneet FR 2 B200% #8 L et PODS EAB te fe os NVIDIA DGX™ B200 —

  24. Slide 24: AI data center investment plan

    +RAIS\OKRRRA = SoftBank + RAIS SRARICEAKO AAS < ERATOR EGA L (B%)> Esl 1.836 YVUa-Yay P77) 47 %38 0.736 PIUT-Yay 0.1396 eee! 2023 20255 20308 BREEVAA + RAIRLO Y—-Ty bh U—-Y—-eBies mL 4 ERAEHO AYHILF4 v7 - YUa—-Yavingt PITUTE SRAIY-EAORK AltHE@ORLL (ELWRR, RHAZbOMMERAC) fic (HA) ERAT BOR BABEL (AA):

  25. Slide 25: Collaboration with Microsoft

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  26. Slide 26: Investment and shareholder return outlook

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  27. Slide 27: Consumer business

    == SoftBank PHS atHlcSITS BRITS BIXY bOI

  28. Slide 28: Consumer Business

  29. Slide 29: Subscriber trends

    AyYya —VEx EIT IVDELES = SoftBank [ERB CHTS RG, MRI RIAD (x35) (20235 PHS HHARE) | 20245 ED 5i4IN | | 2023s 1966,081 fa 1 _2oaseemeie | 081 —_ 1985, 135¢8 ‘a 13568 1965,21 948 = ‘ HAL 2148 2258 2358 2458 2558 2198 2268 2378 2458 2558 Cee] (R (S480) (seet] (i)

  30. Slide 30: Churn and subscriber trends

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  31. Slide 31: Smartphone subscribers

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  32. Slide 32: ARPU trends

    ARPU/A)_Elc [allt 728 #8% SoftBank (2023457 PHS stHRA) (3%) AVA Rb Vewsr(YITSA errr ay | - ony Mics TMMiey —CAODRHR “# SS San eo EAB IN-73-C2anee SS Ta an— EAB $ 6dsm INT K71 O fetthade

  33. Slide 33: Multi-brand strategy

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  34. Slide 34: Multi-brand strategy and PayPay linkage

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  35. Slide 35: Brand subscriber trends

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  36. Slide 36: 5G subscribers

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  37. Slide 37: 5G data traffic and usage

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  38. Slide 38: 5G subscriber trends

    AY K7—J7On0 we = SoftBank @ 5Giifa7—F SB (vovo-k) BUF ESTE 2th 20214 20225 20235 2024 3A 3A 3A 3A GH) 21ADKS7499 37

  39. Slide 39: 4G/5G network speed

    AYKRTI—-TZOMO HS @ 4G/5G AIL—F » KGB (FUR) SoftBank ~50Mbps 50~100Mbps B 100Mbps~ 26% 27% Alb—7Fy KH (Yoya—k) ~50Mbps 50~100Mbps 100Mbps~ 4G itchy AG/SGHEMEIDDLAIL—F y KOS eset: EB + Sac i ts 9 (FT ta (2) (#8) Agoopii< HA : 2024403A18~202443A318 38 — 9); (IASSHA) EG & le AeA

  40. Slide 40: 5G network quality

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  41. Slide 41: Network investment and sharing

    KDDIé Offsets (20%2~234E) ise (Sith 1 b OFFA) 5G JAPANEIZ& (HR) SoftBank = SoftBank Putt KAP YTt Kopi PUTT ‘SoftBank #R ei [| = Seftbant = ca: KDpi aA PGS : = BR (MORANEE#Ai") KMIT hOB ABS : 3.SAMB unos CAPEX#URWER : 450A w0% 1 2020~20234 80 Rats 40

  42. Slide 42: Network CAPEX plan

    HSH O A SESBA a THR ma ee J 2030# IC REt C1 OAR CAPEX#I R058 1,200 Bias HPRBILS —EER<, K2 2020~2030%H ORs 4]

  43. Slide 43: Distribution business

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  44. Slide 44: Distribution business results

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  45. Slide 45: Distribution business trends

    LY9-FITABR BRA [Fa] 1.2850 ol" 1,077 “a 83668 76318 1845 1 925K 20S 21H 226 235 2458 25H [2] (8) (28) (ee) Cee) [Re] PP) OP) = SoftBank (20234°5A Puneet mse) Bellas 2HiKkRe Bias (2023~20254E Fink) as (3635) 2023 Eisai lt 1 3%” 20185 ED 555 Cie 202445 Eid 1 144 Osez8~ 3K] RRRAIC HRS S| MRORA K2 SBF I

  46. Slide 46: Distribution business growth

    == SoftBank LYI—-FITABRORMRICA lt Te AIT THI D EX Hd RH) a yy) Ny iW ve Xy 2 ‘as

  47. Slide 47: Generative AI solutions

    + MAIRGEY Ua —Y a VV ta = SoftBank FRMAIBGEY Ua-—yay | 4004hx+ 2023 2024% 4A 14 ¥1 Azure OpenAl/Axross Recipe /TASUKI/Copilot'? —7 1 3 y SOFY23 BERAMOSH. HtICDe RMD BA SH TVSBA. MBAVYK 46 Azure C OpenAl we Copilot Axross Recipe icons

  48. Slide 48: Generative AI business structure

    + RAI — EZ Sai onan ERAIDY Va—YavORX - HRe BS SB Intuitions(#k) Generative AX(#k) (JF BN OE) (VA KNY 100%H#) — <eAITO 1 ERAISARR P (AY U)L SEB) BIZLLMO Bath ERAIY Va—-YavORR

  49. Slide 49: Data center and AI platform

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  50. Slide 50: Cloud and PaaS services

    4 5 ry K Saat = SoftBank PaaStan@ sb Alles O RAZ 2 7 = EADIE er, Re i 200 abet Ge sh —" bier ia CADRE AA) = tt tt t RAI BM F—F BeBe Sh + PR PaaS FIIWI 4 VE Bree BOMIYea—7 4 VIE laas | 49

  51. Slide 51: SB Technology partner

    SB77/ hy y —Oxce2Tf2 tli beet (2024464258) =a TOBK & OSE2FSHtib TOBAX IZA WARTOB RRR 283 (EA Bik = SoftBank SB Technology FMR (202455452550) * C2) ABE FO MMs 2024248 26S 2024F6R11AXT. HMIS2O24FAA25ATOMATLAY | 3€1 APR : S&P Capital 10 (2024474525 Ait,

  52. Slide 52: SB partnerships

    SBF 7/0Y—-HEFSHItLOBN SBF 7/OY—-OBH erirUre BEBLYYIPUY—-AcCm Ri tae YIFY—-CLYY-—FIFT ABRORRE ME

  53. Slide 53: Media and e-commerce results

    202488 IXY hal BAP ~ SoftBank ] rigs rigs aya ry 9-734% - 1.6158 1,64068] $33 JNNe72a| FaAbVEsa—-Yay XF4P -EC IPItUR } ZO (HRMS) -550fa] S's ssi] Siti 5 1f8 3 5 (GE) SBT= pore toe ie M1 2024 ED [EOMb, CRASH TWKSBTI/ OY—BRAUB LOI TN hIZAARAASE Ma dan! ABR, (BE a CHICHW20234 EO "LY I-F51 ABH, KL 'EOHh

  54. Slide 54: IoT business

    loT 25 ef SoftBank Cubic Telecom@PF #FA#2#d3270 [El] YFIV—ic KO lmHRUESZBBS 1 fz A ~ a \ MeFSite DTHHRHORBIT FO-F 1,84475 ABRMALRANSHLO MS HONDA (staesbiat ohm - daeIR< StHbsR) "7 2023 2030 (FEA) (ee) [Be] SE) PF: Foy hoa 53 3&1 Cubic Telecom®PFBARNICAR 2 SHR Tone ws Ui we)

  55. Slide 55: LINE Yahoo

    XF4F°EC SES LINEV7—-

  56. Slide 56: LY Corporation results

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  57. Slide 57: LY Corporation integration

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  58. Slide 58: LY Corporation and NAVER

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  59. Slide 59: Payment service

    SB Payment Service p>) PayPay p>) PayPay 4-F PD] PayPay if

  60. Slide 60: Financial segment results

    IPAFVABR Bilt [Fa] 20237 20242 (ew [eae] 20227E see] = SoftBank (2023¢5A *ARHESEET SERA) 2025 E&Cle Brite Bias ~~ (328) 20237 Rls FoA tele He) 2024F ERE Bis = SB PaymentService )PayPay f)PayPay»-* a) PayPay at 59

  61. Slide 61: PayPay users

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  62. Slide 62: PayPay cashless payment volume

    p5) PayPay S371 —tf— 6.30454 5,6645A 4,6795A 3,8035A 20fRA 21FRR 227RR 235RR ) PayPay Sr1—Y—-R 6,3045, RIcEIBALL 1 19038 (HAT) PayPay hata (2) PayPayO PADY KERRBL v—% 61

  63. Slide 63: PayPay EBITDA

    pf) PayPay ##EBITDA [Fa] 98s -119f8 -43215 2021 2022 2023 ) PayPay @)PayPay »-F HARE 2 AX (HAN) ea haninted (2) HA7—U VY TROB! PayPay— Kista nme. 2021 Fa eeeucu oe “EBITDA : PayPayitifi— ‘SEAS MMAR & OEE RARER Le EATDACRRRTESRAEOL IFRS, #BECS. 62

  64. Slide 64: PayPay business metrics

    Say—eAz TIL—-FAODRRY-EACOBERBLIC KORE ®) PayPayA—K - i 696 pos (BA) AMSRK 1,162 PayPayéi{T 1,004 oat OR 21 22 23 (RR) i © rte) 332 21 22 23 CneR) N PayPayla ith i i Sx=77Y 52 (189) URE oe AN f MX SRST A He 21 22 23 eR 2,598 q y 1,545 | Sa 4 (BA) : 1.847 neti es on : PayPayiE## 601 Rf Yk 21 22 23 (ER

  65. Slide 65: PayPay services

    SRY — CE ZOSHIE paras 'PayPayH wine: ORR <mHeaE> @i9¥3OPayPaysLe Bum” OAIZ SALT FEROPayPayse le Pl p>) PayPay @AE ORLY SBR ERS Se (FRH3.0%~1 8.0%) SUSAALOMBE” OER + REAR) 1A 2A 3A 4A 5A 6A 7A 8A OF

  66. Slide 66: Payment volume (GMV) trend

    = SB Payment Service EUR (GMV) Soules [Fa] (20235 HEE RIE) SRT BUBGS (GMV) TF FIQMR 15% (2023~-2025F8 FFigres) Jr CHEZ-7 AD RESO) ~~ (838) 202358 lenis lt 1 9%38 FBTR Pile te (V7 RIN oR) 4 5 i | SS RAH) 18% 1938 2048 2148 2248 2348 258 em] Gem) Ge] Gee) Gee) = [) [P48] slemenmRe Bis 65

  67. Slide 67: 66

    66

  68. Slide 68: Data platform

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  69. Slide 69: AI-RAN Alliance

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  70. Slide 70: AI-RAN concept

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  71. Slide 71: ESG initiatives

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  72. Slide 72: val

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  73. Slide 73: ESG initiatives

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  74. Slide 74: 73

    73

  75. Slide 75: Network and energy initiatives

    er SAB OAL RIL — bese (ate —— RAB REL eI — Hs (BLA SSESEBE) 5 SE BET IL 20S 21 SFR 225 235 (eat) [Seat] (6) [RIAA] BYTE NY SRA £ FWireless City Planning #itBtL¢

  76. Slide 76: FY2024 outlook

    = SoftBank KOD 2023E ls LACIE LEHR LAs TA | 24S - 25% id Het OMe ERAS OMB IL RHE MEO Lem TANF YA SRE RERMSTY 77 ORBRICHRSMYO HADIER itd,

  77. Slide 77: Information revolution to make people happy

  78. Slide 78: SoftBank

    =m OOftBank

SoftBank — FY2023 Earnings Presentation on 6ix