New Street Research - SoftBank Corp. (9434) New Street: SoftBank Corp (Buy, TP: ¥1,975, +37%) Q3 21 - Quick Take: Overall decent, pressure in mobile easing

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New Street Research

Chris Hoare

EUR 8822.00 For Business Accounts Only

New Street: SoftBank Corp (Buy, TP: ¥1,975, +37%) Q3 21 - Quick Take: Overall decent, pressure in mobile easing

SoftBank Corp has reported a decent set of Q3 figures that overall are better than Q2, although this largely reflects improving comps.

03/02/2022 1 EN

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SoftBank Corp.

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JP3732000009 Japan

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New Street Research

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Chris Hoare

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New Street: SoftBank Corp (Buy, TP: ¥1,975, +37%) Q3 21 - Quick Take: Overall decent, pressure in mobile easing

Tariffs: Smartphones, PC, semicap equipment, and others excluded - Our take

Getting over Tariffs – Step back. Rethink. Move on.

SoftBank investing $40bn in OpenAI: Our take.

T-Mobile: Quick thoughts following the 1Q25 call

Comcast Post-1Q25 Model Update

CMCSA: Quick thoughts following the call 1Q25

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