New Street Research - SoftBank Corp. (9434) Softbank Corp (Buy, TP: ¥2,200, +30%) Q2 23 Quick Take: Strong quarter, ARPU inflects sequentially

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New Street Research

Chris Hoare

EUR 9547.00 For Business Accounts Only

Softbank Corp (Buy, TP: ¥2,200, +30%) Q2 23 Quick Take: Strong quarter, ARPU inflects sequentially

Softbank Corp recorded a strong EBIT beat again, driven by strong numbers across the board. Group revenue was slightly ahead of expectations, with mobile service revenue flat for the first time and bottoming earlier than expected.

08/11/2023 1 EN

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SoftBank Corp.

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JP3732000009 Japan

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New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

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Chris Hoare

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Softbank Corp (Buy, TP: ¥2,200, +30%) Q2 23 Quick Take: Strong quarter, ARPU inflects sequentially

Japanese Telcos Q2 FY24 review: Stable growth with better profitability; NTT still preferred pick

Softbank Corp (Buy, TP: ¥270, +40%) Q2 24 Quick Take: Beat across the board and an upgraded guidance

PSA Strategy: Japan Stock Market Quarterly 2024 Q4

SATS: DBS merger breaks

3Q24 Broadband Trends: FWA capacity limits; FWA demand limits

Gen AI Big Idea Series - Chipletz CEO Bryan Black - Smart Substrate & the Multi-Chip-Module revolution

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