New Street: SoftBank Corp (9434) - Q4 19: Mixed; small DPS increase guided
Softbank Corp has reported a mixed set of Q4 figures, but not as strong as Q2/Q3. Growth slowed slightly, but revenues still beat expectations marginally, although EBIT was slightly light versus expectations.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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