SOFTBANK CORP Reports Third Quarter FY2023 Earnings Results on February 9, 2023
February 25, 2023
Earnings Overview
On February 9 2023, SOFTBANK CORP ($TSE:9434) reported their fiscal year 2023 third quarter earnings (ending on December 31 2022) with total revenue of JPY 274.4 billion – a 141.6% growth from the same period in the previous year. Net income for the quarter was reported at JPY 1536.9 billion, representing a 6.0% increase from FY2022.
Price History
On Thursday, SOFTBANK CORP reported its third quarter earnings results for FY2023. At the opening of the day, SOFTBANK CORP stock traded at JP¥1530.0 and closed at JP¥1523.5, representing a decrease of 0.4% from the previous day’s closing price of 1530.0. The financial performance reported for the third quarter by SOFTBANK CORP was in line with analyst expectations. This was mainly attributed to strong operating activities and investments.
SOFTBANK CORP’s share already showed a strong performance during the year, and with the third quarter earnings report now being released, the stock is expected to move higher in the near future. Investors are advised to keep an eye out for any updates about the company’s financial performance for this quarter. 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 | 383.15 |
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 recently conducted an analysis of SOFTBANK CORP‘s wellbeing. Our findings revealed that SOFTBANK CORP is a medium risk investment in terms of financial and business aspects. Specifically, our Risk Rating feature has identified three critical risks that need to be addressed in their income sheet, balance sheet, and cashflow statement. We encourage all prospective investors to head over to goodwhale.com to access our Risk Rating feature to get a better understanding of the risks associated with investing in SOFTBANK CORP. Our analysis provides investors with a comprehensive overview of the company’s wellbeing, which can be used to make informed investment decisions. More…
Peers
SoftBank Corp is one of the largest telecommunications companies in the world and is facing stiff competition from its rivals Koninklijke KPN NV, freenet AG, and Vodafone Group PLC. The competition between these companies has become increasingly fierce as they strive to provide consumers with the best products and services. As they battle it out in the market, consumers benefit from the improved services and competitive pricing.
– Koninklijke KPN NV ($LTS:0O8F)
Koninklijke KPN NV is a Dutch telecommunications company that provides fixed and mobile telephony services, internet access, and television services in the Netherlands. As of 2023, the company has a market cap of 12.31B and an impressive Return on Equity of 21.43%. With such a large market cap and impressive returns, Koninklijke KPN NV is a clear leader in the telecom industry and is set to continue to be a powerhouse in the years to come.
– freenet AG ($LTS:0MV2)
Freenet AG is a German telecommunications company, headquartered in Büdelsdorf. It is one of the largest mobile telecommunications providers in Germany and provides an extensive portfolio of services to its customers including mobile communications, broadband, TV and media services. Freenet AG has a market capitalization of 2.46 billion euros as of 2023, and a return on equity of 8.63%. This indicates that the company has a strong financial position, as it is able to generate a significant return on its equity investments. Freenet AG has been able to achieve this strong financial performance through its focus on delivering innovative services to its customers, while also providing high-quality customer service.
– Vodafone Group PLC ($LSE:VOD)
Vodafone Group PLC is a British multinational telecommunications company based in London, England. It operates in many countries around the world and is the second-largest mobile telecommunications company in the world after China Mobile. With a market cap of 25.4B as of 2023, Vodafone Group PLC is a major player in the telecommunications industry. The company’s Return on Equity (ROE) of 7.68%, which measures the return generated on the capital invested by shareholders, is an indication of its financial strength. Vodafone Group PLC has been able to generate strong returns on capital, despite the highly competitive nature of the telecommunications industry.
Summary
Investors in SOFTBANK CORP have reason to be optimistic, as the company posted strong third quarter results for FY2023. Revenue was up 141.6% year-over-year and net income increased 6.0%, indicating a healthy and growing business. The impressive results reinforce the potential of Softbank’s business model and investments, and demonstrate the strength of its execution. Going forward, investors should monitor the company’s operations for any potential changes in strategy or operations that could affect performance, as well as any new investments that may further grow its portfolio and bolster its bottom line.
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