Softbank Group Corp. · TSE:9984
Softbank — Q2 FY2022 Earnings Presentation
28 slides from Softbank's earnings presentation, November 2022
Slide 1: Investor Briefing: SoftBank Vision & LatAm Funds
QUARTER ENDED SEPTEMBER 30, 2022 Investor Briefing SoftBank Vision & LatAm Funds NAVNEET GOVIL Executive Managing Partner
Slide 2: Important Information (1 of 2)
2 Important Information (1 of 2) This presentation (this “Presentation”) is furnished to you for informational purposes in connection with the interests of SoftBank Group Corp. (together with its affiliates, “SoftBank”) in SoftBank Vision Fund L.P. (together with, as the context may require, any par
Slide 3: Important Information (2 of 2)
3 Important Information (2 of 2) Vision Fund I performance herein is based on unrealized valuations of portfolio investments. Valuations of unrealized investments are based on assumptions and factors (including, for example, as of the date of the valuation, average multiples of comparable companies,
Slide 4: Topics
4 Topics 01- Progress & Highlights 02- Performance & Impact on SoftBank Group (SBG) 03- In Focus: Investing in AI-Powered Generational Growth
Slide 5: Progress & Highlights
Progress & Highlights == OoftBank Investment Advisers
Slide 6: Continued Market Selloff as Economic Outlook Deteriorates
P RO G RE S S & H I G H L I G H T S 6 Continued Market Selloff as Economic Outlook Deteriorates Elevated & Persistent Rising & Volatile Interest Increased Corporate Declining Business Inflation Rate Environment Earnings Risk Confidence YTD PERFORMANCE BY INDEX Jan-22 Mar-22 May-22 Jul-22 Sep-22 0% -
Slide 7: Long-Term Investor Through Multiple Economic Cycles
SVF1 SVF2 LATAM P RO G RE S S & H I G H L I G H T S 7 Long-Term Investor Through Multiple Economic Cycles For Illustrative Purposes Investing in the AI Revolution Remaining Fund Life COVID-19, Monetary Market Policy, & Acceleration of Volatility Digital Shift C 2017 2019 2020 2021 2022 2031 2034 SVF
Slide 8: Performance Snapshot
SVF1 SVF2 LATAM 8 SoftBank SoftBank SoftBank Vision Fund 1 Vision Fund 2 LatAm Funds Combined Total Commitment $98.6B $56.0B $7.6B $162.2B PROGRESS & HIGHLIGHTS Performance Acquisition Cost1 $87.7B $49.2B $7.3B $144.2B Snapshot Cumulative Gross Investment Gains/(Losses)1 $15.4B $(13.9B) $(0.5B) $1.0
Slide 9: Portfolio Overview
SVF1 SVF2 LATAM P RO G RE S S & H I G H L I G H T S 9 Portfolio Overview As of September 30, 2022 $145.2B SVF1 SVF2 LATAM Total Fair Value1 $103.1B 94 $35.3B 274 $6.8B 104 472 Total Total Total Total Total Total Total Investments2 Fair Value1 Investments2 Fair Value1 Investments2 Fair Value1 Investm
Slide 10: Our Globally Diversified Portfolio
SVF1 SVF2 LATAM P RO G RE S S & H I G H L I G H T S 10 Logistics Our Globally Diversified Portfolio As of September 30, 2022 PORTFOLIO FAIR VALUE BY GEOGRAPHY ($B) $62.7 $19.8 14% $23.8 EMEA 16% $13.2 CHINA 43% $6.6 9% USA & CANADA IND IA 5% $19.1 LATIN AMERICA 13% REST OF ASIA Footnotes: SoftBank V
Slide 11: Invested Across Diverse Sectors
SVF1 SVF2 LATAM P RO G RE S S & H I G H L I G H T S 11 Invested Across Diverse Sectors As of September 30, 2022 Enterprise Consumer Fintech Health Tech Logistics Frontier Tech Proptech Transportation Edtech 9% 28% 7% 7% 13% 14% 6% 15% 1% Footnotes: SoftBank Vision Fund 1 % Fair Value by Sector: Cons
Slide 12: Evolving Our Investment Platform
12 OUR PLATFORM PROGRESS & HIGHLIGHTS Evolving Our Opportunity Emerge SVF11 SVF2 LATAM SBGI Fund Accelerator Investment Platform Aligning our operating model with our centralized investment platform Retaining world-class investing and functional capabilities, operating within our global regulatory f
Slide 13: Performance & Impact on SoftBank Group (SBG)
13 Performance & Impact on SoftBank Group (SBG)
Slide 14: SVF1 Contribution to SBG, Net of 3rd Party Interests
14 SVF1 2022 Inception to Sep 30 SVF1 Fund Net Profit2 $5.4 PERFORMANCE & IMPACT ON SBG Less: Change in 3rd Party Contribution to Interests in Fund (2.8) SBG, Net of 3rd SBG LP Income: 2.6 Share of Fund Net Profit Party Interests1,3 SBG GP Income: Amounts in USD Billions 0.9 Management & Performance
Slide 15: Contribution to SBG: SVF1
15 SBG Paid-In Capital1 SVF1 PERFORMANCE & IMPACT ON SBG Contribution to SBG SBG Total Value2 As of September 30, 2022 Net Asset Value3 Distributions4 Footnotes: 1. SBG Paid-In Capital represents SBG Commitment drawn down through capital calls less Return of Recallable unutilized Contributions. 2. S
Slide 16: Contribution to SBG: SVF2
16 SBG Paid-In Capital1 SVF2 PERFORMANCE & IMPACT ON SBG Contribution to SBG SBG Total Value2 As of September 30, 2022 Net Asset Value3 Distributions4 Footnotes: 1. SBG Paid-In Capital represents SBG Commitment drawn down through capital calls less Return of Recallable unutilized Contributions. SBG
Slide 17: Contribution to SBG: LatAm
17 SBG Paid-In Capital1 LATAM PERFORMANCE & IMPACT ON SBG Contribution to SBG SBG Total Value2 As of September 30, 2022 Net Asset Value3 Distributions4 Footnotes: 1. SBG Paid-In Capital represents SBG Commitment drawn down through capital calls less Return of Recallable unutilized Contributions. SBG
Slide 18: In Focus: Investing in AI-Powered Generational Growth
18 In Focus: Investing in AI-Powered Generational Growth
Slide 19: SoftBank Has Identified Major Technology Shifts Early On
I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 19 SoftBank Has Identified Major Technology Shifts Early On STAGES OF THE INFORMATION REVOLUTION Rise of PC Rise of Internet Rise of Mobile SVF1 SVF2 LATAM SBGI FOUNDED 1980s 1990s 2000s Information herein reflects current beliefs o
Slide 20: Our Unwavering Conviction in the Rise of AI
SVF1 SVF2 LATAM I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 20 Our Unwavering Conviction in the Rise of AI Increase in global data Additional Annual Value of AI & Reduction in Accident Rates Rise of AI volume, 2015 to 20252 Analytics for Global Banking3 Enabled by AVs4 Higher
Slide 21: Investing in AI-Powered Companies Driving New Secular Trends
SVF1 SVF2 LATAM I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 21 Investing in AI-Powered Companies Driving New Secular Trends Digital Commerce Financial Inclusion Supply Chain Transformation AI-Powered Disruptor Large Addressable Market Sustainable Exceptional Data Analytics Ta
Slide 22: Shifting Commerce to the Digital World
SVF1 SVF2 LATAM I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 22 Shifting Commerce to the Digital World CONTINUED GROWTH IN GLOBAL E-COMMERCE SALES1 Delivering a digital-first Unlocking new 8,000 retail experience commercial potential 40% 6,000 4,000 23% 24% 20% Dianxiaomi 22%
Slide 23: Reimagining the Global Supply Chain
SVF1 SVF2 LATAM I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 23 Reimagining the Global Supply Chain SIGNIFICANT OPPORTUNITY FOR FURTHER WAREHOUSE AUTOMATION GLOBAL AUTOMATION (ASRS) MARKET OPPORTUNITY Modernizing the distribution of Automating critical processes in goods throu
Slide 24: Democratizing Access to Financial Services
SVF1 SVF2 LATAM I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 24 Democratizing Access to Financial Services FINTECH POISED FOR CONTINUED GROWTH TRANSACTION VALUE BY $16 SEGMENT1 ($T) $14 Creating a frictionless Providing new services to Supporting investment transaction experie
Slide 25: Navigating a New Frontier in Labor Markets
SVF1 SVF2 LATAM I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 25 Navigating a New Frontier in Labor Markets HISTORICALLY HIGH JOB OPENINGS US JOB OPENINGS – MILLIONS1 12 Transforming hiring and onboarding Fostering employee 11 across industries engagement and retention 10 10.7
Slide 26: Managing, Analyzing, and Protecting the World's Data
SVF1 SVF2 LATAM I NV E S T I NG I N A I -P O WE RE D G E NE RA T I O NA L G RO WT H 26 Managing, Analyzing, and Protecting the World’s Data WORLDWIDE DATA FORECASTED TO GROW EXPONENTIALLY GLOBAL VOLUME OF DATA CREATED AND CONSUMED 1 200 180 Optimizing performance Unlocking next-level Protecting data
Slide 27: Maintaining a Defensive Posture in the Current Market
27 I N V E S T I N G I N A I- P O W E R E D G E N E R A T I O N A L G R O WT H Maintaining a Defensive Our Posture in the Approach Current Market The information herein is provided solely for illustrative purposes, reflects the current beliefs of SBIA as of the date hereof. There can be no assurance
Slide 28: Thank You
28 Thank You SoftBank Vision & LatAm Funds Investor Briefing Presentations Available at visionfund.com/presentations