SOFTBANK CORP Reports Earnings for Q3 of FY2023, Ending December 31 2022
April 5, 2023
Earnings Overview
On February 9 2023, SOFTBANK CORP ($BER:3AG1) announced their third quarter FY2023 earnings results as of December 31 2022, showing a total revenue of JPY 274.4 billion, an increase of 141.6% from the prior year. Additionally, the net income was recorded at JPY 1536.9 billion, representing a 6.0% growth from the same period in the previous year.
Share Price
On Thursday, SOFTBANK CORP released its earnings report for the third quarter of its FY2023 which ended on December 31 2022. Opening at €10.7, the stock was initially uncertain, with investors unsure about the company’s performance. Despite this, the stock remained at €10.7 all day, closing at that same price at the end of the trading session. Though it remained unchanged from the prior closing price of €10.7, it was still down by 0.4% from the opening price.
SOFTBANK CORP’s third quarter earnings report was an important marker of the company’s performance and investors were eager to see how it had fared. With investors evaluating this report, the release of SOFTBANK CORP’s fourth quarter report will be closely watched. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Softbank Corp. More…
| Total Revenues | Net Income | Net Margin |
| 5.86M | 604.44k | 10.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Softbank Corp. More…
| Operations | Investing | Financing |
| 1.23M | -51.85k | -598.23k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Softbank Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.7M | 11.04M | 466.64 |
Key Ratios Snapshot
Some of the financial key ratios for Softbank Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.5% | 13.9% | 18.8% |
| FCF Margin | ROE | ROA |
| 10.9% | 34.2% | 4.7% |
Analysis
At GoodWhale, we like to stay ahead of the game when it comes to analyzing the fundamentals of SOFTBANK CORP. Through our research, we concluded that the company is a medium risk investment in terms of financial and business aspects. To back up our conclusion, we detected 3 risk warnings in its income sheet, balance sheet, and cashflow statement. Interested investors are more than welcome to register with us to check out the analysis. With GoodWhale’s insights, it’ll be easier for you to make an informed decision when it comes to investing in SOFTBANK CORP. More…
Summary
Investors in Softbank Corp have reason to be pleased with the company’s performance in the third quarter of FY2023. Total revenue for the quarter was up 141.6%, a significant increase from the previous year. Net income was also up 6.0%, to JPY 1536.9 billion.
This is a positive indicator for the company’s overall fiscal health and suggests that it is continuing to make good progress. Investors should look for further signs of growth in the coming quarters, as it could be a sign of a promising future for the company.
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