ソフトバンクグルー プ株式会社 SoftBank Group Corp.
連結業績 補⾜データ Supplemental Consolidated Results Data
連結業績概要 ■ Consolidated Results Summary
持株会社投資事業 ■ Investment Business of Holding Companies Segment
ソフトバンク・ビジョン・ファンド事業 ■ SoftBank Vision Funds Segment
SVF1 エグジット前の投資の内訳（公開／未公開別） ■ SVF1 Investments Before Exit by Public/Private
SVF2 エグジット前の投資の内訳（公開／未公開別） ■ SVF2 Investments Before Exit by Public/Private
SVF1&2 エグジット前の投資の内訳（セクター別） ■ SVF1&2 Investments Before Exit by Sector
SVF1 投資先⼀覧 ■ SVF1 Portfolio
SVF2 投資先⼀覧 ■ SVF2 Portfolio
SVF1&2 投資先の株式公開実績・予定 ■ Stock Offerings/Offering Plans for SVF1&2 Portfolio Companies
LatAm 投資先⼀覧 ■ LatAm Portfolio
ソフトバンク事業／AIコンピューティング事業 ■ SoftBank Segment/AI Computing Segment
その他 ■ Other
ソフトバンクグループ㈱単体の財務情報 Financial Information of SBG Standalone
NAVおよびLTVは本⽇決算プレゼンテーション終了後に掲載いたします。
NAV and LTV will be available after the presentation of Earnings Results Briefing today.
債務返済スケジュール ■ Debt Repayment Schedule
社債・コマーシャルペーパー明細 ■ Corporate Bonds and Commercial Paper Details
Q3 FY2025にAmpereの買収が完了したことを契機として、取締役会で定期的に業績を検討する事業単位の⾒直しを⾏いました。その結果、従来「アーム事 業」に含めていたArm、「その他」に含めていたGraphcore Limited、およびAmpere等をまとめて、新たに報告セグメントとして「AIコンピューティング事業」を設けました。Q2 FY2025以前における報告セグメントも同様に組み替えています。
In Q3 FY2025, following the completion of the acquisition of Ampere, the Board of Directors reassessed the business units that are subject to regular performance review by the Board. As a result, Arm, previously included in the Arm segment, and Graphcore Limited, previously included in Other, together with Ampere and other semiconductor-related subsidiaries, were consolidated into a newly established reportable segment: the AI Computing segment. The reportable segments for Q2 FY2025 have also been reclassified to reflect the current reportable segments.
連結業績概要 | Consolidated Results Summary
（監
前 | Unaudited）（百万円 | Millions of JPY） | FY2024 | FY2025 | |||||||||
Q1 | Q2 | Q3 | Q4 | 年度 | Full year | Q1 | Q2 | Q3 | Q4 | 年度 | Full year | ||
売上⾼ | Net sales | 1,701,747 | 1,768,175 | 1,832,654 | 1,941,176 | 7,243,752 | 1,820,341 | 1,916,502 | 1,982,404 | 2,079,403 | 7,798,650 | |
売上総利益 | Gross profit | 920,621 | 930,523 | 933,896 | 969,163 | 3,754,203 | 954,653 | 1,005,580 | 1,024,880 | 1,031,026 | 4,016,139 | |
投資損益 | Gain on investments | 559,712 | 2,091,314 | -481,004 | 1,531,085 | 3,701,107 | 486,945 | 3,439,720 | 293,679 | 3,066,152 | 7,286,496 | |
持株会社投資事業 | Investment Business of Holding Companies | 567,933 | 1,548,826 | -108,309 | 1,405,371 | 3,413,821 | -256,548 | 620,546 | -200,620 | 54,733 | 218,111 | |
SVF事業 | SoftBank Vision Funds | 32,386 | 567,392 | -339,024 | 126,830 | 387,584 | 660,175 | 2,755,307 | 179,737 | 3,043,392 | 6,638,611 | |
その他 | Other | -40,607 | -24,904 | -33,671 | -1,116 | -100,298 | 83,318 | 63,867 | 314,562 | -31,973 | 429,774 | |
販売 及び⼀般管理 | Selling, general and administrative expenses | -719,686 | -713,384 | -773,470 | -817,869 | -3,024,409 | -758,197 | -858,658 | -948,798 | -1,455,275 | -4,020,928 | |
財務 ⽤ | Finance cost | -137,604 | -146,106 | -148,983 | -148,866 | -581,559 | -165,309 | -174,709 | -202,368 | -229,404 | -771,790 | |
為替差損益 | Foreign exchange gain (loss) | -443,907 | 732,951 | -540,929 | 278,940 | 27,055 | 143,270 | -122,106 | -115,772 | -176,401 | -271,009 | |
デリバティブ関連損益（投資損益を除く）| Derivative gain (loss) (excluding gain (loss) on investments) | 60,504 | -1,538,470 | 686,785 | -1,242,848 | -2,034,029 | 228,815 | -20,690 | 16,065 | -19,857 | 204,333 | |
SVFの外部投資家持分の増減額 | Change in third-party interests in SVF | -205,254 | -215,963 | 61,307 | -131,988 | -491,898 | -234,079 | -384,614 | 267,447 | -183,367 | -534,613 | |
その他の損益 | Other gain (loss) | 191,312 | 94,580 | 72,187 | -3,828 | 354,251 | 33,843 | 111,918 | 147,645 | -67,129 | 226,277 | |
税引前利益 | Income before income tax | 225,698 | 1,235,445 | -190,211 | 433,789 | 1,704,721 | 689,941 | 2,996,441 | 482,778 | 1,965,745 | 6,134,905 | |
純利益 | Net income | 10,465 | 1,226,901 | -179,677 | 545,419 | 1,603,108 | 564,144 | 2,756,210 | 413,100 | 1,898,522 | 5,631,976 | |
親会社の所有者に帰属する純利益 | Net income attributable to owners of the parent | -174,281 | 1,179,600 | -369,165 | 517,178 | 1,153,332 | 421,819 | 2,502,247 | 248,587 | 1,829,618 | 5,002,271 | |
営業活動によるキャッシュ・フロー | Cash flows from operating activities | -43,005 | 222,496 | -30,263 | 54,352 | 203,580 | -270,594 | 150,692 | 924 | -309,854 | -428,832 | |
投資活動によるキャッシュ・フロー | Cash flows from investing activities | -330,293 | -171,237 | -87,658 | -1,042,352 | -1,631,540 | -641,564 | 310,629 | -4,184,887 | 8,650 | -4,507,172 | |
財務活動によるキャッシュ・フロー | Cash flows from financing activities | -543,837 | -797,609 | 66,188 | 158,874 | -1,116,384 | 1,409,724 | 262,293 | 3,510,857 | 1,194,433 | 6,377,307 | |
持株会社投資事業 | Investment Business of Holding Companies Segment
（監
前 | Unaudited）FY2024 | FY2025 | |||||||||||
（百万円 | Millions of JPY） | Q1 | Q2 | Q3 | Q4 | 年度 | Full year | Q1 | Q2 | Q3 | Q4 | 年度 | Full year | ||
投資損益 | Gain (loss) on investments | 567,933 | 1,548,826 | -108,309 | 1,405,371 | 3,413,821 | -256,548 | 620,546 | -200,620 | 54,733 | 218,111 | ||
うち、資産運⽤⼦会社の投資損益*1 | Of which, gain (loss) on investments at asset management subsidiaries | 2,749 | 14,249 | -1,333 | -30,037 | -14,372 | 134,831 | 94,909 | 14,344 | 575 | 244,659 | ||
販売 及び⼀般管理 | Selling, general and administrative expenses | -37,171 | -23,635 | -32,937 | -38,113 | -131,856 | -19,140 | -28,487 | -34,547 | -43,022 | -125,196 | ||
財務 ⽤ | Finance cost | -136,075 | -134,333 | -132,479 | -128,365 | -531,252 | -146,581 | -149,752 | -155,264 | -193,995 | -645,592 | ||
為替差損益 | Foreign exchange gain (loss) | -442,568 | 732,107 | -545,568 | 275,286 | 19,257 | 131,780 | -123,155 | -116,087 | -174,499 | -281,961 | ||
デリバティブ関連損益（投資損益を除く）| Derivative gain (loss) (excluding gain (loss) on investments) | 58,778 | -1,531,112 | 669,848 | -1,239,344 | -2,041,830 | 228,468 | -20,550 | 8,907 | -24,302 | 192,523 | ||
その他の損益 | Other gain (loss) | 27,072 | 34,544 | 17,065 | -12,570 | 66,111 | 41,083 | 80,418 | 49,530 | -998 | 170,033 | ||
セグメント利益（税引前利益） | Segment income (income before income tax) | 37,969 | 626,397 | -132,380 | 262,265 | 794,251 | -20,938 | 379,020 | -448,081 | -382,083 | -472,082 | ||
*1 資産運⽤⼦会社︓SB Northstar
Asset management subsidiaries indicate SB Northstar.
ソフトバンク・ビジョン・ファンド事業 | SoftBank Vision Funds Segment
（監
前 | Unaudited）（百万円 | Millions of JPY） | FY2024 | FY2025 | ||||||||||
Q1 | Q2 | Q3 | Q4 | 年度 | Full year | Q1 | Q2 | Q3 | Q4 | 年度 | Full year | |||
投資損益 | Gain (loss) on investments | 1,911 | 608,477 | -352,748 | 177,263 | 434,903 | 726,837 | 2,809,331 | 374,988 | 3,080,715 | 6,991,871 | ||
SVF1 | 442,542 | 453,902 | -156,142 | 282,669 | 1,022,971 | 517,379 | 852,568 | -623,976 | -695,670 | 50,301 | ||
SVF2 | -413,649 | 137,174 | -176,907 | -108,274 | -561,656 | 114,453 | 1,917,772 | 1,009,984 | 3,811,535 | 6,853,744 | ||
LatAm | -12,991 | 32,202 | -18,792 | 7,691 | 8,110 | 70,383 | 18,802 | -16,435 | -29,639 | 43,111 | ||
その他 | Others | -13,991 | -14,801 | -907 | -4,823 | -34,522 | 24,622 | 20,189 | 5,415 | -5,511 | 44,715 | ||
販売 及び⼀般管理 | Selling, general and administrative expenses | -19,190 | -16,875 | -15,149 | -10,955 | -62,169 | -13,521 | -17,081 | -12,701 | -7,652 | -50,955 | ||
財務 ⽤ | Finance cost | -10,524 | -10,147 | -9,999 | -9,574 | -40,244 | -40,183 | -43,588 | -59,980 | -21,144 | -164,895 | ||
SVFの外部投資家持分の増減額 | Change in third-party interests in SVF | -205,254 | -215,963 | 61,307 | -131,988 | -491,898 | -234,079 | -384,614 | 267,447 | -183,367 | -534,613 | ||
その他の損益 | Other gain (loss) | 28,756 | 7,650 | 6,657 | 1,327 | 44,390 | 12,340 | 12,853 | 165,740 | 12,260 | 203,193 | ||
セグメント利益（税引前利益）| Segment income (income before income tax) | -204,301 | 373,142 | -309,932 | 26,073 | -115,018 | 451,394 | 2,376,901 | 735,494 | 2,880,812 | 6,444,601 | ||
*1 SVFによる当社⼦会社（主にPayPay㈱、Silver Bands 4 (US) Corp.（ロボHD））への投資に係る投資損益は、ソフトバンク・ビジョン・ファンド事業のセグメント利益において投資損益に含まれるが、連結上消去し、 連結業績概要の「投資損益－SVF事業」には含まれない
Gains and losses on SoftBank Vision Fundsʼ investments in shares in the Companyʼs subsidiaries (mainly PayPay Corporation and Silver Bands 4 (US) Corp. (Robo HD)) are included in the segment income of the SoftBank Vision Funds segment as "gain on investments" but are eliminated in consolidation and not included in "gain on investments - SoftBank Vision Funds" in the Consolidated Results Summary.
SVF1 Investments Before Exit by Public/Private (Investments Held at the Fiscal Year-end)（⼗億⽶ドル | Billions of USD） | 銘柄数 | # of investments | 投資額 | Investment cost (A) | 公正価 値 | Fair value (B) | 累計損益 | Cumulative gain/loss (B) - (A) | ||
合計 | Total | 52 | 38.9 | 39.2 | 0.3 | ||
公開投資先 | Public companies | 16 | 19.0 | 13.5 | -5.5 | ||
Coupang, Inc | 1.4 | 5.5 | 4.1 | |||
DiDi Global Inc.*3 | 12.1 | 4.0 | -8.1 | |||
Grab Holdings Ltd. | 1.7 | 1.5 | -0.2 | |||
Full Truck Alliance Co. Ltd. | 0.6 | 0.5 | -0.0 | |||
Auto1 Group SE | 0.5 | 0.5 | -0.0 | |||
Relay Therapeutics, Inc. | 0.3 | 0.3 | -0.0 | |||
PT GoTo Gojek Tokopedia Tbk | 0.7 | 0.3 | -0.5 | |||
Delhivery Limited | 0.2 | 0.3 | 0.1 | |||
Brainbees Solutions Limited (FirstCry) | 0.2 | 0.2 | 0.0 | |||
Compass, Inc. | 0.2 | 0.2 | -0.0 | |||
Vir Biotechnology, Inc. | 0.1 | 0.1 | 0.0 | |||
Aurora Innovation Inc. | 0.2 | 0.1 | -0.1 | |||
Roivant Sciences Ltd. | 0.0 | 0.1 | 0.0 | |||
Energy Vault Holdings, Inc. | 0.1 | 0.1 | 0.0 | |||
Ginkgo Bioworks Holdings, Inc. | 0.4 | 0.0 | -0.4 | |||
Getaround, Inc.*3 | 0.3 | 0.0 | -0.3 | |||
未公開投資先 | Private companies | 36 | 19.9 | 25.7 | 5.8 | ||
投資損益計上額 | Gain/loss on investments recorded |
Q4 FY2025 |
-4.5 |
-3.8 |
-1.4 |
-1.1 |
-0.5 |
-0.2 |
-0.4 |
0.0 |
-0.1 |
-0.0 |
-0.1 |
-0.1 |
0.0 |
0.0 |
0.0 |
-0.0 |
-0.0 |
0.0 |
-0.7 |
*1 公開投資先は証券取引所および店頭市場で取引される株式を、未公開投資先は公開投資先に該当しない投資先を指す。投資先の公 開／未公開の区分は、FY2025末時点の状態に基づく
Public portfolio companies are shares traded on stock exchanges or over-the-counter markets, while private portfolio companies are those not classified as public. The distinction between public and private portfolio companies is determined by their status as of the end of FY2025.
*2 各項⽬の⾦額は、単位未満を四捨五⼊しているため、内訳の計と合計は必ずしも⼀致しない
The total and the sum of the breakdown in the table may not match due to rounding each item to the nearest unit.
*3 店頭市場取引銘柄
Traded in the over-the-counter market.
SVF2 Investments Before Exit by Public/Private (Investments Held at the Fiscal Year-end)☆: 共同出資プログラムの対象外の投資 | Investments outside of the co-investment program
（⼗億⽶ドル | Billions of USD） | 銘柄数 | # of investments | 投資額 | Investment cost (A) | 公正価 値 | Fair value (B) | 累計損益 | Cumulative gain/loss (B) - (A) | ||
合計 | Total | 275 | 86.1 | 112.0 | 25.9 | ||
公開投資先 | Public companies | 21 | 7.9 | 8.4 | 0.5 | ||
PayPay Corporation | 1.9 | 4.1 | 2.3 | |||
Lenskart Solutions Limited | 0.2 | 1.2 | 1.0 | |||
Symbotic Inc. | 0.2 | 1.1 | 0.9 | |||
☆ Meesho Limited | 0.3 | 0.6 | 0.3 | |||
☆ Swiggy Limited | 0.4 | 0.5 | 0.0 | |||
Klarna Group plc | 1.7 | 0.2 | -1.5 | |||
Ola Electric Mobility Limited | 0.4 | 0.1 | -0.3 | |||
☆ JD Logistics, Inc. | 0.3 | 0.1 | -0.2 | |||
Chime Financial, Inc. | 0.3 | 0.1 | -0.3 | |||
☆ Full Truck Alliance Co. Ltd. | 0.1 | 0.1 | -0.0 | |||
☆ Better Home & Finance Holding Company | 0.5 | 0.0 | -0.5 | |||
Recursion Pharmaceuticals, Inc. | 0.3 | 0.0 | -0.2 | |||
☆ DingDong (Cayman) Limited | 0.3 | 0.0 | -0.3 | |||
Ethos Technologies Inc. | 0.1 | 0.0 | -0.1 | |||
AInnovation Technology Group Co., Ltd. | 0.1 | 0.0 | -0.1 | |||
☆ eToro Group Ltd. | 0.0 | 0.0 | -0.0 | |||
Globalstar, Inc. | 0.0 | 0.0 | 0.0 | |||
Beisen Holding Limited | 0.1 | 0.0 | -0.1 | |||
Keep Inc. | 0.2 | 0.0 | -0.2 | |||
Neumora Therapeutics, Inc. | 0.0 | 0.0 | -0.0 | |||
☆ Seer, Inc. | 0.2 | 0.0 | -0.2 | |||
未公開投資先 | Private companies | 254 | 78.2 | 103.6 | 25.4 | ||
投資損益計上額 | Gain/loss on investments recorded |
Q4 FY2025 |
24.3 |
-0.4 |
0.7 |
0.1 |
-0.1 |
-0.2 |
-0.3 |
-0.2 |
-0.1 |
0.0 |
-0.0 |
-0.0 |
0.0 |
-0.0 |
0.0 |
-0.1 |
-0.0 |
-0.0 |
0.0 |
-0.0 |
-0.0 |
0.0 |
-0.0 |
24.7 |
*1 公開投資先は証券取引所および店頭市場で取引される株式を、未公開投資先は公開投資先に該当しない投資先を指す。投資先の公開 ／未公開の区分は、FY2025末時点の状態に基づく
Public portfolio companies are shares traded on stock exchanges or over-the-counter markets, while private portfolio companies are those not classified as public. The distinction between public and private portfolio companies is determined by their status as of the end of FY2025.
*2 各項⽬の⾦額は、単位未満を四捨五⼊しているため、内訳の計と合計は必ずしも⼀致しない
The total and the sum of the breakdown in the table may not match due to rounding each item to the nearest unit.
SVF1&2 エグジット前の投資（当期末に保有する投資）の内訳（セクター別）| SVF1&2 Investments Before Exit by Sector (Investments Held at the Fiscal Year-end)（⼗億⽶ドル | Billions of USD） | 銘柄数 | # of investments | 投資額 | Investment cost (A) | 公正価 値 | Fair value (B) | 累計損益 | Cumulative gain/loss (B) - (A) | ||
SVF1 | 合計 | Total | 52 | 38.9 | 39.2 | 0.3 | |
コンシューマー | Consumer | 14 | 10.9 | 27.7 | 16.8 | ||
エドテック | Edtech | 1 | 0.5 | 0.3 | -0.2 | ||
エンタープライズ | Enterprise | 4 | 1.3 | 0.7 | -0.6 | ||
フィンテック | Fintech | 6 | 2.4 | 0.6 | -1.8 | ||
フロンティアテック | Frontier Tech | 3 | 0.2 | 0.1 | -0.1 | ||
ヘルステック | Health Tech | 6 | 1.0 | 0.5 | -0.5 | ||
ロジスティクス | Logistics | 8 | 4.2 | 1.4 | -2.8 | ||
プロップテック | Proptech | 3 | 2.0 | 0.4 | -1.6 | ||
トランスポーテーション | Transportation | 7 | 16.4 | 7.5 | -8.9 | ||
投資損益計上額 | Gain/loss on investments recorded |
Q4 FY2025 |
-4.5 |
-2.0 |
- |
-0.2 |
-0.1 |
-0.0 |
0.1 |
-0.2 |
-0.4 |
-1.7 |
SVF2 | 合計 | Total | 275 | 86.1 | 112.0 | 25.9 | |
コンシューマー | Consumer | 42 | 7.3 | 4.8 | -2.5 | ||
エドテック | Edtech | 9 | 1.4 | 0.2 | -1.2 | ||
エンタープライズ | Enterprise | 86 | 48.0 | 84.3 | 36.3 | ||
フィンテック | Fintech | 35 | 8.7 | 8.0 | -0.7 | ||
フロンティアテック | Frontier Tech | 22 | 9.3 | 7.1 | -2.2 | ||
ヘルステック | Health Tech | 42 | 4.5 | 1.6 | -2.9 | ||
ロジスティクス | Logistics | 19 | 3.2 | 2.7 | -0.5 | ||
プロップテック | Proptech | 4 | 0.4 | 0.1 | -0.3 | ||
トランスポーテーション | Transportation | 9 | 3.1 | 3.0 | -0.1 | ||
その他 | Other | 7 | 0.2 | 0.2 | 0.0 | ||
24.3 |
0.1 |
-0.0 |
24.2 |
0.2 |
-0.5 |
0.1 |
-0.5 |
-0.0 |
0.8 |
0.0 |
*1 セクターはSBIAが合理的と考え決定した区分に基 づき定義
Sector categorization is determined as considered reasonable by SBIA.
*2 各項⽬の⾦額は、単位未満を四捨五⼊しているため、内訳の計と合計は必ずしも⼀致しない
The total and the sum of the breakdown in the table may not match due to rounding each item to the nearest unit.
2026年3⽉末時点。エグジット済みの投資を除く | As of March 31, 2026. Excludes exited investments. ■: 公開投資先 | Public companies □: 株式公開予 定公表済み | Stock offering plan announced
セクター | Sector
会社名（アルファベッ ト順）|
Name (in alphabetical order)
初回出資⽇ | Initial Investment Date
セクター | Sector 会社名（アルファベッ ト順）|
Name (in alphabetical order)
初回出資⽇ | Initial Investment Date
Logistics |
| FY2018 Q4 |
Flexport, Inc. | FY2019 Q1 | |
| FY2018 Q1 | |
GoBrands, Inc. (goPuff) | FY2019 Q2 | |
Loggi Technology International | FY2018 Q1 | |
Rappi, Inc. | FY2019 Q1 | |
REEF Proximity Aggregator LLC (Kitchen co) | FY2023 Q1 | |
ZUME, INC. | FY2018 Q3 | |
Proptech |
| FY2017 Q4 |
WeWork Greater China Holding Company B.V. | FY2017 Q3 | |
Ziroom Inc. | FY2019 Q2 | |
Transportation | ANI Technologies Private Limited (Ola) | FY2019 Q2 |
| FY2020 Q4 | |
Cambridge Mobile Telematics Inc. | FY2018 Q4 | |
| FY2018 Q4 | |
| FY2018 Q3 | |
Nauto, Inc. | FY2017 Q3 | |
Nuro, Inc. | FY2018 Q4 | |
計52件 | Total of 52 investments |
Consumer ■ Auto1 Group SE FY2017 Q4
Brainbees Solutions Limited (FirstCry) FY2018 Q4
Bytedance Ltd. FY2018 Q1
Coupang, Inc. FY2018 Q2
Fanatics Holdings, Inc FY2017 Q2
Getaround, Inc. FY2018 Q4
GetYourGuide AG FY2018 Q4
Globalbees Brands Private Limited FY2021 Q3
Guazi.com Inc. FY2019 Q1
□ Klook Technology Limited FY2019 Q1
Oravel Stays Limited (OYO Rooms) FY2017 Q2
OYO Technology & Hospitality (China) Pte. Ltd. FY2018 Q2
PT GoTo Gojek Tokopedia Tbk FY2021 Q1
Tabist Co., Ltd. (OYO Japan) | FY2018 Q4 | |
Edtech | Zuoyebang Education Limited | FY2018 Q3 |
Enterprise | Automation Anywhere Inc. | FY2018 Q3 |
Cohesity, Inc. | FY2018 Q1 | |
Globality Inc. | FY2018 Q3 | |
Improbable Worlds Limited | FY2017 Q3 | |
Fintech | Creditas Financial Solutions, Ltd. | FY2019 Q2 |
Kabbage, Inc. | FY2018 Q3 | |
OakNorth Holdings Limited | FY2018 Q4 | |
Pollen, Inc. (C2FO) | FY2019 Q2 | |
VNLife Corporation Joint Stock Company | FY2019 Q1 | |
他1件 | 1 other investment | - | |
Frontier Tech | Brain Corporation | FY2017 Q2 |
CloudMinds Inc. | FY2018 Q4 | |
| FY2019 Q2 | |
Health Tech | CollectiveHealth, Inc. | FY2019 Q1 |
| FY2022 Q3 | |
Good Doctor Technology Limited | FY2019 Q3 | |
| FY2018 Q3 | |
| FY2017 Q2 | |
| FY2017 Q2 |
■: 公開投資先 | Public companies □: 株式公開予定公表済み | Stock offering plan announced
2026年3⽉末時点。エグジット済みの投資を除く | As of March 31, 2026. Excludes exited investments. ☆: 共同出資プログラムの対象外の投資 | Investments outside of the co-investment program
セクター | Sector 会社名（アルファベット順）| Name (in alphabetical order) | 初回出資⽇ | Initial Investment Date | セクター | Sector | 会社名（アルファベット順）| Name (in alphabetical order) | 初回出資⽇ | Initial Investment Date | |
Consumer Animoca Brands Corporation Limited | FY2025 Q1 | Consumer (cont'd) | Vuori, Inc. | FY2021 Q3 | |
Baron App, Inc. (Cameo) | FY2020 Q4 | Whoop, Inc. | FY2020 Q3 | ||
Cerebral Inc. | FY2021 Q3 | XPX Holdings Limited | FY2021 Q1 | ||
☆ ■ DingDong (Cayman) Limited | FY2021 Q1 | 他3件 | 3 other investments | - | ||
DSM Grup Danismanlik I.V.S.T.A.S (Trendyol) | FY2021 Q2 | Edtech | 360Learning S.A. | FY2021 Q2 | |
eFishery Pte. Ltd. | FY2021 Q4 | Atom Learning Ltd. | FY2021 Q3 | ||
Embark Veterinary, Inc. | FY2021 Q2 | Eruditus Learning Solutions Pte. Ltd. | FY2021 Q2 | ||
Extend, Inc. | FY2021 Q1 | Go1 Global, Inc | FY2021 Q1 | ||
Fetch Rewards, Inc. | FY2021 Q1 | GoStudent GmbH | FY2021 Q2 | ||
Flipkart Private Limited | FY2021 Q2 | Happy_seed (Cayman) Limited (VIPThink) | FY2020 Q2 | ||
Get Together Inc. (IRL) | FY2021 Q1 | Paper Education Company Inc. | FY2021 Q4 | ||
Global Car Group Pte. Ltd. (Cars24) | FY2021 Q2 | Socra AI Inc. | FY2021 Q1 | ||
InterFocus Cayman Ltd. (PatPat) | FY2021 Q2 | Sorting Hat Technologies Pvt. Ltd (Unacademy) | FY2020 Q2 | ||
| FY2020 Q3 | Enterprise | 6Sense Insights, Inc. | FY2021 Q4 | |
Keli Network Inc. (Jellysmack) | FY2021 Q1 | 7shifts Inc. | FY2021 Q4 | ||
| FY2019 Q3 | AccelByte Inc | FY2022 Q1 | ||
Live Momentum Ltd. (StreamElements) | FY2021 Q2 | Adverity GmbH | FY2021 Q3 | ||
Manticore Games, Inc. | FY2020 Q4 |
| FY2021 Q1 | ||
☆ ■ Meesho Limited | FY2021 Q1 | Aiquire Inc. (Pixis) | FY2021 Q3 | ||
Mmhmm Inc. | FY2021 Q1 | AlphaSense, LLC | FY2024 Q1 | ||
Modern Clinics Inc. (Sprout) | FY2021 Q2 | Andela Inc. | FY2021 Q2 | ||
Naver Z Corporation | FY2021 Q3 | Arkose Labs Holdings, Inc. | FY2021 Q1 | ||
Oda Group Holding AB | FY2023 Q4 | Attentive Mobile Inc. | FY2021 Q1 | ||
Opus AI, Inc. | FY2024 Q3 | Behavox Ltd. | FY2019 Q4 | ||
Papa Inc. | FY2021 Q3 |
| FY2021 Q1 | ||
PicsArt, Inc. | FY2021 Q2 | Boomerang Commerce Inc. (CommerceIQ) | FY2021 Q4 | ||
Plenty Unlimited Inc. | FY2024 Q4 | CAST AI Group, Inc. | FY2025 Q1 | ||
Ripples Capital Limited (Kitopi) | FY2021 Q2 | Cato Networks Limited | FY2023 Q2 | ||
Runway AI, Inc. | FY2024 Q2 | CertiK Global Ltd. | FY2022 Q1 | ||
SCA Investments Limited (Gousto) | FY2021 Q3 | Clarity AI, Inc. | FY2021 Q2 | ||
Sorare SAS | FY2021 Q2 | Claroty Ltd. | FY2021 Q4 | ||
Spotter, Inc. | FY2021 Q4 | CoachHub GmbH | FY2022 Q2 | ||
Tempo Interactive Inc. | FY2020 Q4 | Commerce Fabric, Inc. | FY2021 Q4 | ||
The Upside Group Inc. | FY2020 Q3 | Content Square S.A.S. | FY2021 Q1 | ||
Trusty Cars Pte. Ltd. (Carro) | FY2021 Q2 | ContractPod Technologies Limited | FY2021 Q2 | ||
Vestiaire Collective S.A. | FY2021 Q3 | Copado Holdings, Inc. | FY2021 Q2 |
■: 公開投資先 | Public companies □: 株式公開予定公表済み | Stock offering plan announced
2026年3⽉末時点。エグジット済みの投資を除く | As of March 31, 2026. Excludes exited investments. ☆: 共同出資プログラムの対象外の投資 | Investments outside of the co-investment program
セクター | Sector | 会社名（アルファベット順）| Name (in alphabetical order) | 初回出資⽇ | Initial Investment Date | セクター | Sector | 会社名（アルファベット順）| Name (in alphabetical order) | 初回出資⽇ | Initial Investment Date | |
Enterprise (cont'd) | Databricks, Inc. | FY2024 Q3 | Enterprise (cont'd) | RewardStyle, Inc. | FY2021 Q3 | |
Digital Arbitrage Inc. (Cloudbeds) | FY2021 Q3 | R Software Inc. (RapidAPI) | FY2021 Q4 | |||
Eightfold AI Inc. | FY2021 Q1 | Remote Technology, Inc. | FY2022 Q1 | |||
Emergent Labs Inc. | FY2025 Q3 | SendBird, Inc. | FY2020 Q4 | |||
Esusu Financial, Inc. | FY2021 Q4 | Sender Inc. (Sendoso) | FY2021 Q2 | |||
Glean Technologies, Inc. | FY2024 Q2 | Sense Talent Labs, Inc. | FY2021 Q3 | |||
Guangzhou Tungee Technology Co., Ltd. | FY2021 Q2 | Shoplazza Corporation Limited | FY2021 Q3 | |||
Huice Group Holding Limited (Wangdiantong) | FY2021 Q2 | Sierra Technologies Inc. | FY2025 Q2 | |||
Icertis, Inc. | FY2021 Q3 | Skedulo Holdings, Inc. | FY2021 Q1 | |||
Improbable MV Limited | FY2021 Q4 | Smooth and Steady Inc. (Ekuaibao) | FY2021 Q2 | |||
InMobi Pte. Ltd. | FY2021 Q1 | Sobot Technologies Inc. | FY2021 Q4 | |||
Iyuno Sweden Holding I AB | FY2021 Q2 | Soul Machines Limited | FY2021 Q3 | |||
Job and Talent Holding Limited | FY2020 Q4 | Standard Cognition, Corp. | FY2020 Q4 | |||
☆ | Knight JV, LLC | FY2025 Q3 | TigerGraph, Inc. | FY2021 Q1 | ||
Labelbox, Inc. | FY2021 Q3 | Tines Security Services Limited | FY2024 Q4 | |||
LegalOn Technologies, Inc. | FY2022 Q1 | Travelperk, Inc | FY2023 Q3 | |||
Loop Now Technologies, Inc. (Firework) | FY2022 Q1 | Trax Ltd | FY2021 Q1 | |||
Mapbox, Inc.*1 | FY2024 Q3 | Treasure Data, Inc. | FY2021 Q1 | |||
MindTickle Inc. | FY2020 Q3 | Unifonic Inc. | FY2021 Q2 | |||
Minio, Inc. | FY2021 Q3 | Vastar Technology CayMan Holding Limited (Dianxiaomi) | FY2021 Q4 | |||
Movai Inc. (XMOV) | FY2021 Q4 | Vendr, Inc. | FY2022 Q1 | |||
OnboardIQ, Inc. (Fountain) | FY2021 Q2 | Vianai Systems, Inc. | FY2021 Q1 | |||
OneTrust LLC | FY2021 Q1 | Workboard, Inc | FY2021 Q1 | |||
Oosto.ai | FY2021 Q2 | Yanolja Co., Ltd. | FY2021 Q2 | |||
OpenAI Group PBC | FY2024 Q2 | Z21 Labs Inc. (Observe AI) | FY2021 Q4 | |||
OP Invest AS (Gelato) | FY2021 Q2 | □ Zaihui Inc. | FY2021 Q2 | |||
Pantheon Systems, Inc. | FY2021 Q2 | ZenBusiness Inc. | FY2021 Q3 | |||
Patsnap Limited | FY2020 Q4 | Fintech | Advance Intelligence Group Limited (Advance.AI) | FY2021 Q2 | ||
Pax8, Inc. | FY2021 Q4 | Apollo Agriculture, Inc. | FY2021 Q4 | |||
Permutive, Inc. | FY2021 Q3 | ☆ ■ Better Home & Finance Holding Company | FY2021 Q1 | |||
Perplexity AI, Inc. | FY2024 Q1 | bKash Limited | FY2021 Q3 | |||
Plume Design, Inc. | FY2021 Q2 | Blockdaemon, Inc. | FY2021 Q2 | |||
Poolside, Inc. | FY2024 Q2 | bloXroute Labs, Inc. | FY2022 Q1 | |||
Quantstamp, Inc. | FY2022 Q1 | Brex Inc. | FY2021 Q2 | |||
Quicko Technosoft Labs Private Limited (Whatfix) | FY2021 Q1 | CFT Clear Finance Technology Corp. (Clearco) | FY2021 Q1 | |||
Redis Labs Ltd. | FY2020 Q4 |
| FY2021 Q2 |
■: 公開投資先 | Public companies □: 株式公開予定公表済み | Stock offering plan announced
2026年3⽉末時点。エグジット済みの投資を除く | As of March 31, 2026. Excludes exited investments. ☆: 共同出資プログラムの対象外の投資 | Investments outside of the co-investment program
セクター | Sector | 会社名（アルファベット順）| Name (in alphabetical order) | 初回出資⽇ | Initial Investment Date | セクター | Sector | 会社名（アルファベット順）| Name (in alphabetical order) | 初回出資⽇ | Initial Investment Date | |
Fintech (cont'd) | ConsenSys Software Inc. | FY2021 Q4 | Frontier Tech (cont'd) | Kigen (UK) Limited | FY2021 Q4 | |
Digital Currency Group, Inc. | FY2021 Q3 | Opentrons Labworks, Inc. | FY2021 Q2 | |||
Digits Financial, Inc. | FY2021 Q1 | QuEra Computing, Inc. | FY2024 Q3 | |||
Drivewealth Holdings, Inc. | FY2021 Q2 | SambaNova Systems, Inc. | FY2021 Q1 | |||
Elliptic Enterprises Limited | FY2021 Q3 | □ Shanghai Eigencomm Technologies Co., Ltd. | FY2021 Q4 | |||
Envelop Risk Analytics Ltd. | FY2021 Q3 | Shanghai Gaussian Automation Technology Development Co., Ltd. | FY2021 Q3 | |||
| FY2021 Q2 | Shanghai JAKA Robotics Ltd. | FY2022 Q1 | |||
☆ ■ eToro Group Ltd. | FY2020 Q4 | Silver Bands 4 (US) Corp.*2 | FY2024 Q4 | |||
Funding Asia Group Pte. Ltd. (Funding Societies) | FY2021 Q4 | Swell Energy Inc. | FY2022 Q2 | |||
Human Interest Inc. | FY2021 Q2 | Wiliot Ltd. | FY2021 Q2 | |||
Infinity Stones Inc. | FY2021 Q4 | 他2件 | 2 other investment | - | |||
Juspay Technologies Private Limited | FY2021 Q3 | Health Tech | Abogen Therapeutics Limited | FY2021 Q3 | ||
| FY2020 Q4 | Aculys Pharma, Inc. | FY2021 Q3 | |||
M1 Holdings Inc. | FY2021 Q2 | AI Medical Service Inc. | FY2022 Q1 | |||
Opay Limited | FY2021 Q1 | Arsenal Biosciences, Inc. | FY2022 Q1 | |||
OurCrowd International General Partner, L.P. | FY2021 Q3 | Biofourmis Holdings Pte. Ltd. | FY2020 Q2 | |||
| FY2021 Q3 | Cityblock Health, Inc. | FY2021 Q2 | |||
PrimaryBid Limited | FY2021 Q4 | Clarify Health Solutions, Inc. | FY2022 Q1 | |||
Provable Inc. (Aleo) | FY2021 Q4 | CMR Surgical Limited | FY2021 Q2 | |||
Revolut Ltd. | FY2021 Q2 | Deep Genomics Incorporated | FY2021 Q2 | |||
TabaPay, Inc. | FY2021 Q4 | Devoted Health, Inc. | FY2021 Q2 | |||
Tractable Inc. | FY2023 Q2 | Dewpoint Therapeutics, Inc. | FY2021 Q4 | |||
Vivid Money Holdco Limited | FY2021 Q4 | ☆ EDDA Healthcare and Technology Holding Limited | FY2020 Q4 | |||
Zeta Investments Holdings Pte. Ltd. | FY2021 Q1 | ElevateBio LLC | FY2020 Q4 | |||
Zopa Group PLC | FY2021 Q3 | Encoded Therapeutics Inc. | FY2020 Q1 | |||
他1件 | 1 other investment | - | GoForward, Inc. | FY2020 Q4 | |||
Frontier Tech | AI Lens Co., Ltd. (ThinkAR)*1 | FY2024 Q3 | Hexagon Bio, Inc. | FY2021 Q1 | ||
Classiq Technologies Ltd. | FY2025 Q1 | Insitro, Inc. | FY2021 Q1 | |||
Cornami, Inc. | FY2021 Q3 | Karius, Inc. | FY2019 Q4 | |||
DayOne Data Centers Limited | FY2024 Q3 | Leyden Laboratories B.V. | FY2021 Q3 | |||
Enpal B.V. | FY2021 Q3 | Lumicks Technologies B.V. | FY2021 Q1 | |||
FormLabs, Inc. | FY2021 Q1 |
| FY2021 Q2 | |||
| FY2023 Q2 | Neuron23, Inc. | FY2021 Q3 | |||
□ Guangzhou Xaircraft Technology Co., Ltd. (XAG) | FY2020 Q3 | Noah Medical Corporation | FY2021 Q4 | |||
Helion Energy, Inc. | FY2024 Q3 | Paulus Holding Limited | FY2025 Q1 | |||
Keenon Robotics Co., Ltd. | FY2021 Q2 | Plexium, Inc. | FY2021 Q4 |
セクター | Sector 会社名（アルファベット順）|
Name (in alphabetical order)
初回出資⽇ | Initial Investment Date
セクター | Sector 会社名（アルファベット順）|
Name (in alphabetical order)
初回出資⽇ | Initial Investment Date
Health Tech (cont'd) Proximie Limited FY2022 Q1 Proptech (cont'd) Pacaso Inc. FY2021 Q2
Quris Technologies Ltd. FY2022 Q1 Roofstock, Inc. FY2021 Q3
Recursion Pharmaceuticals, Inc. FY2024 Q3 Transportation NetraDyne, Inc. FY2021 Q2
RestoraMind, Inc. FY2021 Q4 ■ Ola Electric Mobility Limited FY2021 Q3
Repertoire Immune Medicines, Inc. FY2021 Q1 Platform Science, Inc. FY2021 Q3
☆ ■ Seer, Inc. FY2020 Q3 Rimac Group D.O.O. FY2022 Q1
Shanghai Fourier Intelligence Co., Ltd. FY2021 Q4 Tier Mobility GmbH FY2020 Q3 Shenzhen XinJuTe Intelligent Medical Devices Co., Ltd. (Futurtec) FY2021 Q3 Voyager Group Inc. (DiDi AV JV) FY2019 Q4 Sprintray Co., Ltd. FY2023 Q1 Wayve Technologies Ltd.*1 FY2024 Q4
Tessera Therapeutics, Inc. FY2020 Q3 Zum Services, Inc. FY2021 Q3
Umoja Biopharma, Inc. FY2021 Q1 他1件 | 1 other investment -
Variant Bio, Inc. FY2021 Q3 Other 7wire Ventures Fund II, L.P. FY2021 Q1
Venn Biosciences Corporation (InterVenn) FY2021 Q2 Brex Technology Opportunities Fund (Master) I LP FY2021 Q4
Ventus Therapeutics U.S. FY2021 Q4 Liberty 77 Capital LP FY2021 Q4
他3件 | 3 other investments - MX Fund II GmbH & Co. KG (Merantix) FY2021 Q3 Logistics Cargomatic, Inc. FY2021 Q3 Night Sky Private Equity V Limited FY2021 Q2 ezCater, Inc. FY2021 Q3 Paradigm One (Cayman) Feeder LP FY2021 Q3
Flock Freight, Inc. FY2020 Q3 他1件 | 1 other investment -
Forto GmbH FY2021 Q2 計275件 | Total of 275 investments
☆ ■ Full Truck Alliance Co. Ltd. | FY2020 Q3 | |
☆ ■ JD Logistics, Inc. | FY2021 Q1 | *1 FY2024にSBGの100%⼦会社よりSVF2へ移管した銘柄 |
Misfits Market, Inc. | FY2021 Q2 | Transferred from a wholly owned subsidiary of SBG in FY2024. |
NTEX Transportation Services Private Limited (ElasticRun) | FY2021 Q4 | *2 ロボティクス関連投資を保有する中間持株会社（ロボHD） |
☆ OFB Tech Private Limited (OfBusiness) | FY2021 Q2 | An intermediate holding company that holds robotics-related investments (Robo HD). |
Paack SPV Investments, S.L. | FY2021 Q4 | |
Reibus International, Inc. | FY2021 Q3 | |
RightHand Robotics, Inc. | FY2021 Q4 | |
SendCloud Global BV | FY2021 Q2 | |
ShipBob, Inc. | FY2020 Q2 | |
☆ ■ Swiggy Limited | FY2021 Q2 | |
| FY2022 Q1 | |
Veho Tech, Inc. | FY2021 Q4 | |
Weee! Inc. | FY2021 Q4 | |
Zipline International Inc.*1 | FY2024 Q3 | |
Proptech Clicpiso Holdco Global S.à r.l. (Clikalia) | FY2021 Q4 | |
Lyra Technologies, Inc. (Block Renovation) | FY2021 Q3 |
SVF1＆2 投資先の株式公開実績・予定 | Stock Offerings/Offering Plans for SVF1&2 Portfolio Companies
ファンド | Fund | 会社名 | Name 株式公開⽇ | Offering Date (YYYY/MM/DD) | 公開⽅ 式 | Format |
SVF2 | エグジット前の投資 | Investments before exit*1 | |
Seer, Inc. 2020/12/4 | IPO | |
JD Logistics, Inc. 2021/5/28 | IPO | |
Full Truck Alliance Co. Ltd. 2021/6/22 | IPO | |
DingDong (Cayman) Limited 2021/6/29 | IPO | |
AutoStore Holdings Ltd. 2021/10/20 | IPO | |
AInnovation Technology Group Co., Ltd. 2022/1/27 | IPO | |
Symbotic Inc. 2022/6/8 | De-SPAC | |
Beisen Holding Limited 2023/4/13 | IPO | |
Keep Inc. 2023/7/12 | IPO | |
Better Home & Finance Holding Company 2023/8/24 | De-SPAC | |
Neumora Therapeutics, Inc. 2023/9/15 | IPO | |
Ola Electric Mobility Limited 2024/8/9 | IPO | |
Swiggy Limited 2024/11/13 | IPO | |
eToro Group Ltd. 2025/5/14 | IPO | |
Chime Financial, Inc. 2025/6/12 | IPO | |
Klarna Group plc 2025/9/9 | IPO | |
Lenskart Solutions Limited 2025/11/10 | IPO | |
Meesho Limited 2025/12/10 | IPO | |
Ethos Technologies Inc. 2026/1/29 | IPO | |
PayPay Corporation 2026/3/12 | IPO | |
Guangzhou Xaircraft Technology Co., Ltd. (XAG) TBA | IPO | |
Shanghai Eigencomm Technologies Co., Ltd. TBA | IPO | |
Zaihui Inc. TBA | IPO | |
全部エグジット済みの公開投資 | Fully exited public investments*2 | ||
KE Holdings Inc. (Beike) | ||
Qualtrics International Inc. | ||
Berkshire Grey, Inc. | ||
Zhangmen Education Inc. | ||
WeWork Inc. | ||
Pear Therapeutics, Inc. | ||
IonQ, Inc. | ||
AutoStore Holdings Ltd. | ||
XtalPi Holdings Limited | ||
Metsera, Inc |
2026年3⽉末時点 | As of March 31, 2026
ファンド | Fund | 会社名 | Name | 株式公開⽇ | Offering Date (YYYY/MM/DD) | 公開⽅ 式 | Format |
SVF1 | エグジット前の投資 | Investments before exit*1 | ||
Vir Biotechnology, Inc. | 2019/10/11 | IPO | |
Relay Therapeutics, Inc. | 2020/7/16 | IPO | |
Auto1 Group SE | 2021/2/4 | IPO | |
Coupang, Inc. | 2021/3/11 | IPO | |
Compass, Inc. | 2021/4/1 | IPO | |
Full Truck Alliance Co. Ltd | 2021/6/22 | IPO | |
DiDi Global Inc. | 2021/6/30 | IPO | |
2022年6⽉13⽇に店頭取引市場に移⾏ Transferred to the OTC market on 2022/6/13 | |||
Roivant Sciences Ltd. | 2021/10/1 | De-SPAC | |
Aurora Innovation Inc. | 2021/11/4 | De-SPAC | |
Grab Holdings Ltd. | 2021/12/2 | De-SPAC | |
Energy Vault Holdings, Inc. | 2022/2/14 | De-SPAC | |
PT GoTo Gojek Tokopedia Tbk | 2022/4/11 | IPO | |
Delhivery Limited | 2022/5/24 | IPO | |
Getaround, Inc. | 2022/12/9 | De-SPAC | |
2024年7⽉10⽇に店頭取引市場に移⾏
Transferred to the OTC market on 2024/7/10
Brainbees Solutions Limited (FirstCry) 2024/8/13 IPO Klook Technology Limited TBA IPO全部エグジット済みの公開投資 | Fully exited public investments*2
NVIDIA Corporation
ZhongAn Online P & C Insurance Co., Ltd.
Ping An Healthcare and TechnologyCompany Limited (Ping An Good Doctor) Guardant Health, Inc.
Uber Technologies, Inc. Slack Technologies, Inc. 10x Genomics, Inc.
Opendoor Technologies Inc.
PB Fintech Limited (Policybazaar) Zomato Limited
View Inc. WeWork Inc.
One 97 Communications Limited (Paytm) SenseTime Group Inc.
DoorDash, Inc.
OneConnect Financial Technology Co., Ltd.
*1 投資時に公開済みのものを除く
Excludes those already listed at the time of investment.
*2 全部エグジット時の情報を記載
All information reflects the status at the time of full exit.
LatAm 投資先⼀覧 | LatAm Portfolio
2026年3⽉末時点。エグジット済みの投資を除く | As of March 31, 2026. Excludes exited investments. ■: 公開投資先 | Public companies ☆: 共同出資プログラムの対象外の投資 | Investments outside of the co-investment program
セクター | Sector
会社名（アルファベット順 ）|
Name (in alphabetical order)
初回出資⽇ | Initial Investment
Date
セクター | Sector
会社名（アルファベット順 ）|
Name (in alphabetical order)
初回出資⽇ | Initial Investment
Date
Consumer Goody Technologies, Inc. FY2021 Q3
Kavak Holdings Limited FY2019 Q3
Laika Universe Inc. FY2021 Q4
MadeiraMadeira Ltd. FY2019 Q3
Merama, Inc. FY2021 Q2
Petlove Cayman, Ltd. FY2020 Q1
PopUP Design, Inc. (GAIA) FY2021 Q2
Sorare SAS FY2021 Q2
Televisa-Univision FY2020 Q3
Wellhub, Inc. FY2020 Q2
Zapt Holdings Limited FY2021 Q4
他2件 | 2 other investments -
Edtech Achieve Holdings (Arco) FY2022 Q4
☆ ■ Afya Limited FY2020 Q2
Cloe Platform Ltd FY2020 Q2
UOL EdTech Cayman Ltd FY2020 Q3
Health Tech | Alice Holding | FY2021 Q4 |
Logistics | Frete LLC | FY2021 Q3 |
Frubana Inc. | FY2019 Q4 | |
Jokr S.a.r.I. | FY2020 Q4 | |
Loadsmart, Inc. | FY2021 Q4 | |
Loggi Technology International | FY2019 Q3 | |
Nowports Inc. | FY2021 Q3 | |
Rappi, Inc. | FY2019 Q3 | |
Proptech | Loft Holdings Ltd | FY2019 Q3 |
McN Investments Ltd. (Habi) | FY2021 Q1 | |
QUINTOANDAR, LTD. | FY2019 Q3 | |
Transportation | Buser, Ltd. | FY2019 Q3 |
FHF Ventures Ltd. (Cobli) | FY2021 Q2 | |
Other | 12件（LP持分を含む） | 12 investments (including LP interests) | - |
計84件 | Total of 84 investments |
Enterprise Barro Preto Holdings Limited (Blip) FY2024 Q3 Cortex Intelligence Ltd. FY2020 Q1
CRMBonus Holding FY2021 Q3
☆ ■ DOTZ S.A. FY2021 Q1
Fintech (cont'd) Digital Currency Group, Inc. (DCG) FY2021 Q2 Gerupay Holding Limited FY2021 Q3
Grupo Bursatil Mexicano FY2022 Q2
Hashdex, Ltd. FY2021 Q1
☆ ■ Inter & Co, Inc. FY2019 Q3
Knabble, Inc. (Toggle.AI) FY2024 Q1
☆ Konfio Limited FY2019 Q3
Kushki Group Holdings, Ltd. FY2021 Q1
☆ ■ Nu Holdings Ltd. | FY2021 Q3 | |
PayClip, Inc. | FY2019 Q3 | |
PayStand Inc. | FY2022 Q2 | |
Solfacil International Ltd. | FY2021 Q4 | |
Swile SAS | FY2021 Q3 | |
Terramagna Ltd. | FY2021 Q3 | |
The Badger Technology Company Holdings Ltd. (Bitso) | FY2021 Q1 | |
TRBL Ltd. - TRIBL Token | FY2021 Q4 | |
他2件 | 2 other investments | - | |
Frontier Tech ☆ ■ Satellogic Inc. | FY2021 Q4 | |
Gupy Ltd. | FY2021 Q4 | |
Incode Technologies, Inc. | FY2021 Q3 | |
JusBrasil, Ltd. | FY2020 Q4 | |
Omie, L.P. | FY2021 Q2 | |
Pipefy, Inc. | FY2021 Q3 | |
Rankmi Holdings Limited | FY2022 Q4 | |
Seraphim Holdings Ltd. (Gabriel) | FY2021 Q3 | |
Solidarium (Olist) | FY2019 Q3 | |
Unico Technologies Ltd (Acesso Digital) | FY2020 Q3 | |
☆ ■ VTEX | FY2019 Q3 | |
Fintech | 2TM Holding Company Ltd | FY2021 Q2 |
Adelante Financial Holdings Limited (Addi) | FY2021 Q3 | |
Asaas Ltd | FY2024 Q3 | |
Avenue Holding Cayman Ltd. | FY2021 Q2 | |
☆ Bancar Technologies Limited (Uala) | FY2021 Q3 | |
Betterfly PBC | FY2021 Q1 | |
Buk Holdings Limited | FY2021 Q3 | |
Contabilizei Company | FY2020 Q3 | |
Creditas Financial Solutions, Ltd. | FY2019 Q3 |
（監
前 | Unaudited）（百万円 | Millions of JPY） | FY2024 | FY2025 | ||||||||||
Q1 | Q2 | Q3 | Q4 | 年度 | Full year | Q1 | Q2 | Q3 | Q4 | 年度 | Full year | |||
売上⾼ | Net sales | 1,535,642 | 1,616,735 | 1,659,044 | 1,732,854 | 6,544,275 | 1,657,744 | 1,742,715 | 1,795,625 | 1,844,791 | 7,040,875 | ||
セグメント利益（税引前利益） | Segment income (income before income tax) | 279,915 | 259,977 | 224,098 | 142,319 | 906,309 | 278,540 | 313,353 | 254,932 | 118,177 | 965,002 | ||
減価償却 及び償却 | Depreciation and amortization | -182,318 | -175,705 | -185,390 | -196,461 | -739,874 | -183,135 | -188,628 | -193,161 | -210,677 | -775,601 | ||
投資損益 | Gain (loss) on investments | -10,110 | -6,733 | -315 | -7,916 | -25,074 | 5,388 | -5,780 | 17,991 | -3,646 | 13,953 | ||
財務 ⽤ | Finance cost | -20,636 | -20,488 | -19,615 | -20,714 | -81,453 | -21,218 | -23,090 | -23,709 | -25,565 | -93,582 | ||
その他の損益 | Other gain (loss) | 39,954 | -3,880 | -6,077 | -9,366 | 20,631 | 10,446 | 37,831 | -9,070 | -29,006 | 10,201 | ||
AIコンピューティング事業 | AI Computing Segment
（監
前 | Unaudited）（百万円 | Millions of JPY） | FY2024 | FY2025 | ||||||||||
Q1 | Q2 | Q3 | Q4 | 年度 | Full year | Q1 | Q2 | Q3 | Q4 | 年度 | Full year | |||
売上⾼ | Net sales | 147,003 | 120,227 | 140,912 | 182,159 | 590,301 | 134,623 | 141,157 | 160,423 | 204,106 | 640,309 | ||
セグメント利益（税引前利益）| Segment income (income before income tax) | 10,158 | -27,669 | -6,138 | 12,758 | -10,891 | -32,411 | -14,544 | -44,875 | -45,436 | -137,266 | ||
減価償却 及び償却 | Depreciation and amortization | -25,600 | -24,238 | -23,347 | -24,070 | -97,255 | -24,414 | -24,423 | -26,558 | -31,730 | -107,125 | ||
投資損益 | Gain (loss) on investments | 72 | 203 | 838 | -21,554 | -20,441 | 244 | 3,021 | 2,249 | 93 | 5,607 | ||
財務 ⽤ | Finance cost | -500 | -608 | -716 | -780 | -2,604 | -947 | -1,173 | -1,278 | -2,158 | -5,556 | ||
その他の損益 | Other gain (loss) | 3,598 | 5,023 | 4,515 | 726 | 13,862 | 6,028 | 20,365 | -2,574 | 5,180 | 28,999 | ||
*1 Q3 FY2025より新たな報告セグメントとして「AIコンピューティング事業」を設け、Q2 FY2025以前も新セグメントの数値を表⽰
A new reportable segment, the AI Computing segment, was established in Q3 FY2025, and figures for periods up to Q2 FY2025 have been presented on a consistent basis with this new segment.
（監
前 | Unaudited）（百万円 | Milions of JPY） | FY2024 | FY2025 | ||||||||||
Q1 | Q2 | Q3 | Q4 | 年度 | Full year | Q1 | Q2 | Q3 | Q4 | 年度 | Full year | |||
売上⾼ | Net sales | 22,322 | 35,135 | 36,530 | 38,697 | 132,684 | 33,184 | 38,310 | 39,917 | 39,237 | 150,648 | ||
セグメント利益（税引前利益） | Segment income (income before income tax) | 44,789 | 20,677 | 1,264 | 22,830 | 89,560 | 72,431 | -8,274 | 178,060 | -570,533 | -328,316 | ||
減価償却 及び償却 | Depreciation and amortization | -2,749 | -4,937 | -8,569 | -8,132 | -24,387 | -7,298 | -7,556 | -7,766 | -8,544 | -31,164 | ||
投資損益 | Gain (loss) on investments | -27,146 | -19,548 | -35,101 | 28,281 | -53,514 | 77,686 | 66,626 | 292,376 | -28,420 | 408,268 | ||
財務 ⽤ | Finance cost | -483 | -5,568 | -6,772 | -5,849 | -18,672 | -5,990 | -6,166 | -6,473 | -7,593 | -26,222 | ||
為替差損益 | Foreign exchange gain (loss) | -1,737 | -26 | -74 | 5,108 | 3,271 | 9,177 | 549 | 1,274 | 422 | 11,422 | ||
デリバティブ関連損益（投資損益を除く）| Derivative gain (loss) (excluding gain (loss) on investments) | - | -4,774 | 14,554 | -2,193 | 7,587 | 790 | -918 | 5,251 | 4,072 | 9,195 | ||
その他の損益 | Other gain (loss) | 92,603 | 59,647 | 57,635 | 19,796 | 229,681 | 6,715 | 6,076 | -11,175 | -26,437 | -24,821 | ||
*1 「その他」にはEnergy Global, LP、ロボHDおよび福岡ソフトバンクホークス（株）などの業績が含まれる。Fortress Investment Group LLCはQ1 FY2024に⼦会社から除外
"Other" includes the business results of Energy Global, LP, Robo HD and Fukuoka SoftBank HAWKS Corp., among others. Fortress Investment Group LLC ceased to be a subsidiary in Q1 FY2024.
*2 報告セグメント「AIコンピューティング事業」の新設に伴い、Q2 FY2025以前の数値も同様に組み替え
Following the establishment of a new reportable segment, the AI Computing segment, figures for periods up to Q2 FY2025 have been reclassified accordingly.
（億円 | 100 millions of JPY） | FY2026 | FY2027 | FY2028 | FY2029 | FY2030 | FY2031 | FY2032 | FY2033 | FY2034 | FY2035 | FY2036 | |
合計 | Total = (A) + (B) + (C) | 13,783 | 9,846 | 16,931 | 10,511 | 15,943 | 19,560 | 9,949 | 917 | 825 | 2,185 | 799 | |
社債 | Bonds | ||||||||||||
国内債（シニア）| Domestic (Senior) | 5,279 | 300 | - | 4,350 | 11,700 | 9,200 | 5,000 | - | - | - | - | |
国内債（劣後）| Domestic (Subordinated) | - | - | 10,291 | - | - | - | - | - | - | - | - | |
国内債（ハイブリッド） | Domestic (Hybrid)*2 | 4,050 | - | 2,220 | - | 2,000 | 4,180 | - | - | - | - | - | |
外債（シニア） | Foreign currency-denominated (Senior)*3 | 1,656 | 2,111 | 3,889 | 4,811 | 2,243 | 4,804 | 3,622 | 917 | 825 | 799 | 799 | |
外債（ハイブリッド） | Foreign currency-denominated (Hybrid)*2*3 | - | 2,798 | - | - | - | 1,376 | 1,327 | - | - | 1,386 | - | |
(A) ⼩計 | Subtotal | 10,985 | 5,209 | 16,400 | 9,161 | 15,943 | 19,560 | 9,949 | 917 | 825 | 2,185 | 799 | |
タームローン | Term Loan | ||||||||||||
シニアローン | Senior Loan*4 | - | 4,637 | - | - | - | - | - | - | - | - | - | |
ハイブリッドローン | Hybrid Loan*5 | - | - | 531 | 1,350 | - | - | - | - | - | - | - | |
(B) ⼩計 | Subtotal | - | 4,637 | 531 | 1,350 | - | - | - | - | - | - | - | |
(C) ブリッジローン | Bridge Loan*6 | 2,798 | - | - | - | - | - | - | - | - | - | - | |
*1 2026年3⽉末時点のSBG単体における発⾏または借⼊残⾼。ただし、2026年4⽉に発⾏した国内ハイブリッド債および外貨建シニア債を含む。
各項⽬の⾦額は、単位未満を四捨五⼊しているため、内訳の計と合計は必ずしも⼀致しない。記載がない限り、⾦額は2026年3⽉末時点の為替レート（1⽶ドル＝159.88円、1ユー ロ＝183.41円）に基づき換算
Outstanding balance of SBG stand-alone as of March 31, 2026; however, includes domestic hybrid bonds and foreign currency-denominated senior notes issued in April 2026. The total and the sum of the breakdown in the table may not match due to rounding each item to the nearest unit. Unless otherwise stated, figures are translated at March 31, 2026 exchange rates (USD = JPY 159.88, EUR = JPY 183.41).
*2 ハイブリッド社債︓すべて初回コール⽇に早期償還するケース ｜ Hybrid bonds: Assumes redemption on the first call dates.
*3 外債︓スワップを締結しているものはスワップレートにて換算 ｜ Foreign currency-denominated: Translated using the contracted exchange rate where swap agreement apply.
*4 シニアローン︓2024年9⽉19⽇付の⾦銭消
貸借契約に基づくSBGの借⼊ ｜ Senior loan: Loans made by SBG under the loan agreement dated September 19, 2024.*5 ハイブリッドローン︓2023年4⽉7⽇付および2024年10⽉31⽇付の劣後特約付⾦銭消
貸借契約に基づくSBGの借⼊。初回任意期限前返済⽇に弁済するケースHybrid loan: Loans made by SBG under the subordinated loan agreement dated April 7, 2023 and October 31, 2024. Assumes repayment on the first voluntary prepayment dates.
*6 ブリッジローン︓2026年3⽉27⽇付で締結済みのOpenAI追加出資等を⽬的とした総借⼊限度額 $40.0Bのブリッジファシリティ契約に基づくSBGの借⼊（2026年４⽉に$20.0Bを借⼊、同 ⽉$2.5B返済済、同年5⽉13⽇時点残⾼ $17.5B）。なお、同年4⽉に全額返済済みのブリッジローン（2025年 4⽉契約締結分）は含まない
Bridge loan: Loans made by SBG under the bridge facility agreement with a total facility amount of $40.0B dated March 27, 2026, primarily for the follow-on investments in OpenAI ($20.0B drawn in April 2026, of which $2.5B has been repaid during the same month; outstanding balance of $17.5B as of May 13, 2026). The bridge loan entered into in April 2025 that was fully repaid in April 2026 is not included.
（単位の表記がない場合 単位︓百万円 | Millions of JPY; unless otherwise stated)
Commercial paper
50th series Unsecured Straight Bond
USD-denominated Senior Notes due July 2026
57th series Unsecured Straight Bond
56th series Unsecured Straight Bond (Fukuoka SoftBank HAWKS Bond)
EUR-denominated Senior Notes due January 2027
60th series Unsecured Straight Bond
EUR-denominated Senior Notes due July 2027
USD-denominated Senior Notes due September 2027
USD-denominated Senior Notes due April 2028
EUR-denominated Senior Notes due April 2028
USD-denominated Senior Notes due July 2028
EUR-denominated Senior Notes due January 2029
USD-denominated Senior Notes due April 2029
61st series Unsecured Straight Bond
EUR-denominated Senior Notes due July 2029
USD-denominated Senior Notes due July 2029
EUR-denominated Senior Notes due September 2029
EUR-denominated Senior Notes due October 2029
銘柄 通貨 償還期限 利 ❹（年） Item Currency Maturity Date Interest Rate (YYYY/MM/DD) (p.a.) | 発⾏残⾼ Outstanding Balan Mar 31, 2025 | ce Mar 31, 2026 | B/S残⾼ B/S Balance Mar 31, 2026 | ||
コマーシャルペーパー JPY | - | - | 141,500 | 185,700 | 185,700 |
第50回無担保普通社債 JPY | 2026/4/20 | 2.480% | 30,000 | 30,000 | 30,000 |
2026年7⽉満期ドル建普通社債 USD | 2026/7/6 | 4.000% | $669mn | $669mn | 106,946 |
第57回無担保普通社債 JPY | 2026/9/11 | 1.380% | 97,900 | 97,900 | 97,875 |
第56回無担保普通社債 (福岡ソフトバンクホークスボンド) JPY | 2026/9/17 | 1.380% | 400,000 | 400,000 | 399,702 |
2027年1⽉満期ユーロ建普通社債 EUR | 2027/1/6 | 2.875% | €437mn | €437mn | 80,045 |
第60回無担保普通社債 JPY | 2027/4/23 | 1.799% | 30,000 | 30,000 | 29,961 |
2027年7⽉満期ユーロ建普通社債 EUR | 2027/7/30 | 5.250% | €211mn | €211mn | 38,559 |
2027年9⽉満期ドル建普通社債 USD | 2027/9/19 | 5.125% | $1,657mn | $1,657mn | 264,462 |
2028年4⽉満期ドル建普通社債 USD | 2028/4/15 | 6.250% | $466mn | $466mn | 74,315 |
2028年4⽉満期ユーロ建普通社債 EUR | 2028/4/15 | 5.000% | €1,054mn | €1,054mn | 192,877 |
2028年7⽉満期ドル建普通社債 USD | 2028/7/6 | 4.625% | $773mn | $773mn | 123,171 |
2029年1⽉満期ユーロ建普通社債 EUR | 2029/1/8 | 5.375% | €450mn | €450mn | 81,998 |
2029年4⽉満期ドル建普通社債 USD | 2029/4/10 | 6.500% | - | $500mn | 79,269 |
第61回無担保普通社債 JPY | 2029/4/25 | 2.441% | 50,000 | 50,000 | 49,867 |
2029年7⽉満期ユーロ建普通社債 EUR | 2029/7/6 | 3.375% | €473mn | €473mn | 86,283 |
2029年7⽉満期ドル建普通社債 USD | 2029/7/8 | 6.750% | $400mn | $400mn | 63,510 |
2029年9⽉満期ユーロ建普通社債 EUR | 2029/9/19 | 4.000% | €575mn | €575mn | 105,065 |
2029年10⽉満期ユーロ建普通社債 EUR | 2029/10/10 | 5.250% | - | €600mn | 109,095 |
第58回無担保普通社債 (福岡ソフトバンクホークスボンド) JPY 58th series Unsecured Straight Bond (Fukuoka SoftBank HAWKS Bond) | 2029/12/14 | 2.840% | 385,000 | 385,000 | 382,469 |
銘柄 通 貨
償還期 限
利❹（年 ）
発⾏残⾼
B/S残⾼
Item
Currency
Maturity Date (YYYY/MM/DD)
Interest Rate (p.a.)
Outstanding Balance B/S Balance
Mar 31, 2025 Mar 31, 2026 Mar 31, 2026
第66回無担保普通社債 JPY | 2030/4/24 | 3.336% | - | 20,000 | 19,927 |
第65回無担保普通社債 (福岡ソフトバンクホークスボンド) JPY | 2030/5/2 | 3.340% | - | 600,000 | 594,594 |
2031年1⽉満期ドル建普通社債 USD | 2031/1/10 | 6.875% | - | $600mn | 95,058 |
第59回無担保普通社債 (福岡ソフトバンクホークスボンド) JPY | 2031/3/14 | 3.040% | 550,000 | 550,000 | 545,157 |
第62回無担保普通社債 JPY | 2031/4/25 | 2.900% | 20,000 | 20,000 | 19,935 |
第63回無担保普通社債 (福岡ソフトバンクホークスボンド) JPY | 2031/6/13 | 3.030% | 550,000 | 550,000 | 545,520 |
2031年7⽉満期ドル建普通社債 USD | 2031/7/6 | 5.250% | $1,305mn | $1,305mn | 207,468 |
2031年7⽉満期ドル建普通社債 USD | 2031/7/8 | 7.000% | $500mn | $500mn | 79,302 |
2031年7⽉満期ユーロ建普通社債 EUR | 2031/7/10 | 5.875% | - | €600mn | 109,035 |
第64回無担保普通社債 (福岡ソフトバンクホークスボンド) JPY | 2031/12/11 | 3.150% | 350,000 | 350,000 | 346,868 |
2032年7⽉満期ユーロ建普通社債 EUR | 2032/7/6 | 3.875% | €425mn | €425mn | 77,375 |
2032年7⽉満期ユーロ建普通社債 EUR | 2032/7/8 | 5.750% | €450mn | €450mn | 81,848 |
2032年7⽉満期ドル建普通社債 USD | 2032/7/10 | 7.250% | - | $600mn | 95,029 |
第67回無担保普通社債 (福岡ソフトバンクホークスボンド) JPY | 2032/12/8 | 3.980% | - | 500,000 | 494,743 |
2033年7⽉満期ユーロ建普通社債 EUR | 2033/7/10 | 6.375% | - | €500mn | 90,833 |
2035年7⽉満期ドル建普通社債 USD | 2035/7/10 | 7.500% | - | $500mn | 79,164 |
第4回劣後特約付無担保社債 JPY | 2028/9/15 | 2.400% | 30,100 | 30,100 | 30,033 |
第3回劣後特約付無担保社債 JPY | 2028/9/29 | 2.400% | 450,000 | 450,000 | 447,663 |
第5回劣後特約付無担保社債 JPY 5th series Unsecured Subordinated Bond | 2029/2/2 | 2.480% | 549,000 | 549,000 | 545,659 |
66th series Unsecured Straight Bond
65th series Unsecured Straight Bond (Fukuoka SoftBank HAWKS Bond)
USD-denominated Senior Notes due January 2031
59th series Unsecured Straight Bond (Fukuoka SoftBank HAWKS Bond)
62nd series Unsecured Straight Bond
63rd series Unsecured Straight Bond (Fukuoka SoftBank HAWKS Bond)
USD-denominated Senior Notes due July 2031
USD-denominated Senior Notes due July 2031
EUR-denominated Senior Notes due July 2031
64th series Unsecured Straight Bond (Fukuoka SoftBank HAWKS Bond)
EUR-denominated Senior Notes due July 2032
EUR-denominated Senior Notes due July 2032
USD-denominated Senior Notes due July 2032
67th series Unsecured Straight Bond (Fukuoka SoftBank HAWKS Bond)
EUR-denominated Senior Notes due July 2033
USD-denominated Senior Notes due July 2035
4th series Unsecured Subordinated Bond
3rd series Unsecured Subordinated Bond
銘柄 通 貨
償還期 限
利❹（年 ）
発⾏残⾼
B/S残⾼
Item
Currency
Maturity Date (YYYY/MM/DD)
Interest Rate (p.a.)
Outstanding Balance B/S Balance
Mar 31, 2025 Mar 31, 2026 Mar 31, 2026
第5回利払繰延条項・期限前償還条項付無担保社債（劣後特約付）（ハイブリッド債） | |||||
5th Unsecured Subordinated Bonds with interest deferrable clause and early redeemable option JPY (with a subordination provision) (Hybrid Bonds)*2 | 2056/6/21 | 2.750%*9 | 405,000 | 405,000 | 400,221 |
第6回利払繰延条項・期限前償還条項付無担保社債（劣後特約付）（ハイブリッド債） 6th Unsecured Subordinated Bonds with interest deferrable clause and early redeemable option JPY (with a subordination provision) (Hybrid Bonds)*3 | 2058/4/26 | 4.750%*9 | 222,000 | 222,000 | 218,414 |
第7回利払繰延条項・期限前償還条項付無担保社債（劣後特約付）（ハイブリッド債） 7th Unsecured Subordinated Bonds with interest deferrable clause and early redeemable option JPY (with a subordination provision) (Hybrid Bonds)*4 | 2060/9/3 | 4.556%*9 | - | 200,000 | 198,320 |
2061年満期⽶ドル建ハイブリッド社債 USD | 2061/4/29 | 7.625%*9 | - | $900mn | 142,503 |
2062年満期ユーロ建ハイブリッド社債 EUR | 2062/10/29 | 6.500%*9 | - | €750mn | 136,201 |
2065年満期⽶ドル建ハイブリッド社債 USD | 2065/10/29 | 8.250%*9 | - | $1,100mn | 174,094 |
合計 | 8,356,130 | ||||
（参考 | Reference）会計(IFRS)上は「その他の資本性⾦融商品」として資本の部に計上 | Accounted for as equity (other equity instruments) under IFRSs | |||||
⽶ドル建ノンコール10年永久劣後特約付社債（利払繰延条項付） USD | なし | N/A | 6.875%*9 | $1,750mn | $1,750mn | 193,199 |
USD-denominated Hybrid Notes Due 2061*5
EUR-denominated Hybrid Notes Due 2062*6
USD-denominated Hybrid Notes Due 2065*7
Undated Subordinated NC10 Resettable Notes*8
*1 2026年3⽉末時点のSBG単体の社債・コマーシャルペーパー明細 ｜ Corporate bonds and commercial paper details of SBG stand-alone, as of March 31, 2026
*2 初回コール⽇は2026年6⽉21⽇ ｜ First call date is June 21, 2026.
*3 初回コール⽇は2028年4⽉28⽇ ｜ First call date is April 28, 2028.
*4 初回コール⽇は2030年9⽉4⽇ ｜ First call date is September 4, 2030.
*5 初回コール⽇は2031年1⽉29⽇ ｜ First call date is January 29, 2031.
*6 初回コール⽇は2032年7⽉29⽇ ｜ First call date is July 29, 2032.
*7 初回コール⽇は2035年7⽉29⽇ ｜ First call date is July 29, 2035.
*8 初回コール⽇は2027年7⽉19⽇ ｜ First call date is July 19, 2027.
*9 当初利率 ｜ Initial interest rate