New Street Research - SoftBank Corp. (9434) Softbank Corp (Buy, TP: ¥270, +19%) Q1 FY25 Quick Take: Another decent quarter

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New Street Research

Chris Hoare ...

Pierre FerraguÊ

EUR 8542.00 For Business Accounts Only

Softbank Corp (Buy, TP: ¥270, +19%) Q1 FY25 Quick Take: Another decent quarter

Softbank Corp reported a relatively in-line topline and EBITDA whilst headline EBIT was 4% ahead of expectations. Trends in mobile service revenue slowed with continued momentum in net additions (in particular Y!Mobile) offsetting the marginal decline in mobile ARPU.

05/08/2025 1 EN

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SoftBank Corp.

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JP3732000009 Japan

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Analysts

Chris Hoare

Pierre FerraguÊ

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Softbank Corp (Buy, TP: ¥270, +19%) Q1 FY25 Quick Take: Another decent quarter

SoftBank and the U.S. government shoring up Intel?

Japanese Telcos – Q1 FY25 review: Steady start, all eyes on Mobile pricing

Pull forward in Auto Semis? AI blues at Workday? H20 suspended, Palo Alto, and more. Our weekly wrap-up.

Intel: U.S. government taking a 10% stake. Our take.

Meta Platforms (META, Buy, Raising target to $900 from $775) Five new revenue breakouts in our model

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