SoftBank Group Corp.: Closing of Vision Fund will have no immediate impact on credit quality
CORPORATES ISSUER COMMENT 24 May 2017 RATINGS SoftBank Group Corp. LT Corporate Family Rating Ba1 Outlook Stable Source: Moody's Investors Service Analyst Contacts Motoki Yanase 81-3-5408-4154 VP-Sr Credit Officer Moody’s Japan K.K. [email protected] Mirai Kaneuchi 81-3-5408-4026 Associate Analyst Moody’s Japan K.K. [email protected]SoftBank Group is a holding company. Domestic Telecommunications business provides mobile communication services, mobile devices, broadband services to retail customers, and telecom services to corporate customers in Japan. Sprint business provides mobile communication services and fixed-line telecommunication services in the U.S. Yahoo Japan business operates Internet-based advertising and e-commerce business. Distribution business distributes mobile devices overseas, and sells software and mobile device accessories in Japan. ARM business designs microprocessor intellectual property and related technology. SoftBank Vision Fund & Delta Fund business is engaged in the investment activities.
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