SoftBank targets 700 billion yen in operating profit by fiscal 2030, pivoting toward becoming an AI infrastructure provider.

What happened

SoftBank held its annual shareholder meeting on June 23 and outlined a five-year management plan starting in fiscal 2026, with a target of 700 billion yen in operating profit by fiscal 2030. The company is positioning itself to evolve into an AI infrastructure provider.

What to watch

The five-year plan runs through fiscal 2030, making this a long-term commitment. How SoftBank builds out its AI infrastructure capabilities and competes with existing cloud and chip providers will be key to meeting the 700 billion yen profit target.