[WorldKings - Wowtimes - Almanac Events & Achievements 2023] Highlights of the 41-year history of SoftBank Group, one of the largest investment groups in Japan (1981)

22-01-2023

(worldkings.org) SoftBank Group Corp. is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management.

The Group primarily invests in companies operating in technology, energy, and financial sectors, and also invests in fields such as  broadband, fixed-line telecommunications, e-commerce, media and marketing, and other areas. It also runs the Vision Fund, the world's largest technology-focused venture capital fund, with over $100 billion in capital.

 

 

SoftBank was ranked in the 2017 Forbes Global 2000 list as the 36th largest public company in the world and the second-largest publicly traded company in Japan after Toyota..

 

The company's milestones:

- In 1981: SoftBank was founded as a SOFTBANK Corp by Masayoshi Son, initially as a software distributor..

- In 1982: Entered publishing business, launching Oh! PC and Oh! MZ.

- In 1994: Established SoftBank Holdings Inc. in the U.S..

- In 1996: Established Yahoo Japan Corporation through joint investment with Yahoo! Inc. in the U.S..

- In 1998: SoftBank Corp. listed on the First Section of Tokyo Stock Exchange.

 

 

- In 2000:

Investment in Alibaba.com Corporation.

SoftBank Ventures Asia was founded to focus on investment in Korean-based Internet companies.

- In 2004: Acquired shares of JAPAN TELECOM CO., LTD and entered fixed-line telecommunications business.

- In 2005: SoftBank became the owner of the Fukuoka SoftBank Hawks, a Nippon Professional Baseball team.

- In 2006: SoftBank acquired Vodafone Japan (later renamed SoftBank Mobile Corp.) and purchased a 23% stake in Betfair.

- In 2008: SoftBank Mobile Corp. released iPhone 3G.

 

 

- In 2011: Established SB Energy Corp. to promote the increased adoption of renewable energy.

- In 2013: Acquired U.S.-based Sprint; Bought a controlling stake in French company Aldebaran Robotics, which was rebranded SoftBank Robotics.

- In 2014: SoftBank Mobile Corp. (current SoftBank Corp.) and ALDEBARAN Robotics SAS (current SoftBank Robotics Europe SAS) announced Pepper – the world's first humanoid robot that can recognize human faces and emotions.

- In 2015: Company name of SoftBank Corp. changed to SoftBank Group Corp., and company name of SoftBank Mobile Corp. changed to SoftBank Corp.

- In 2016: Acquired UK-based ARM Holdings as a subsidiary.

 

 

- In 2017: Acquired U.S.-based Fortress Investment Group LLC.

- In 2019: SoftBank Group Corp. established new fund focusing on Latin America and launched SoftBank Vision Fund 2

- In 2021: SoftBank Group Corp. has relocated its headquarters to the Tokyo Portcity Takeshiba Office Tower in the Takeshiba area of Minato-ku, Tokyo.

According to group.softbank, en.wikipedia.org


Chris - (Collect and Edit) - WORLDKINGS (Source of photos: Internet)

 

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