3. Creating New Business through
Open Innovation- Creating New Value through the New Businesses of Overseas SoftBank Corp. Group Companies -
Develop cutting-edge technologies and innovative business models in Japan by
leveraging our relationships with global leading innovative companies.
Concurrently, promote the development of a highly-skilled workforce and the establishment of
an organization that supports the expansion and penetration of new businesses.
Sustainable development goals
![3 GOOD HEALTH AND WELL-BEING](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/img/shared/icon-sus-sdgs-03.png)
![4 QUALITY EDUCATION](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/img/shared/icon-sus-sdgs-04.png)
![8 DECENT WORK AND ECONOMIC GROWTH](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/img/shared/icon-sus-sdgs-08.png)
![9 INDUSTRY,INNOVATION AND INFRASTRUCTURE](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/img/shared/icon-sus-sdgs-09.png)
![11 SUSTAINABLE CITIES AND COMMUNITIES](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/img/shared/icon-sus-sdgs-11.png)
![17 PERTNERSHIPS FOR THE GOALS](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/img/shared/icon-sus-sdgs-17.png)
SDGs value creation
(1)Developing new business with cutting-edge technologies
Target vision | Promotion of new business and social implementation using cutting-edge technologies |
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![Developing new business with cutting-edge technologies](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/open-innovation/img/p/img-sus-creation-01.jpg)
![Developing new business with cutting-edge technologies](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/open-innovation/img/s/img-sus-creation-01.jpg)
We leverage cutting-edge technologies to create new businesses together with our partners, in anticipation of the era to come.
Main businesses
- Develop new businesses to promote the social implementation of digital technologies (mobility × AI, stratosphere-based high-altitude platform station, autonomous mobility)
- Research, develop, and promote new technologies
FY2023 | |
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KPIs | Results |
Promote initiatives for HAPS commercialization
|
Implemented the following initiatives for commercialization realization:
|
FY2024 |
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KPIs |
Pursuing initiatives to realize the NTN concept (FY2027)Update |
Construction of a domestically produced LLM (Large Language Model) with 390 billion parametersNew |
(2)Incubate and spiral-up cutting-edge businesses overseas
Target vision | Promotion of business operations in Japan |
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![Incubate and spiral-up cutting-edge businesses overseas](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/open-innovation/img/p/img-sus-creation-02.jpg)
![Incubate and spiral-up cutting-edge businesses overseas](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/open-innovation/img/s/img-sus-creation-02.jpg)
We strive to develop cutting-edge businesses in Japan, through partnerships including joint ventures and business alliances with companies engaged in cutting-edge businesses overseas.
Main business
- Roll out successful SoftBank Vision Fund projects in Japan and overseas through global partnerships
FY2023 | |
---|---|
KPI | Result |
Promote business start-up and development in new business areas | 6 businesses |
FY2024 |
---|
KPI |
Strategic partnerships and business investments in new business areasUpdate |
Related link
(3)Build systems to recruit and develop human resources to
lead growth and create new businesses
![Build systems to recruit and develop human resources to lead growth and create new businesses](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/open-innovation/img/p/img-sus-creation-03.jpg)
![Build systems to recruit and develop human resources to lead growth and create new businesses](/https/www.softbank.jp/en/corp/set/data/sustainability/materiality/open-innovation/img/s/img-sus-creation-03.jpg)
We promote the recruitment of personnel with a high level of expertise, and the formation of organizations that will be the key drivers to create new businesses, in anticipation of the era to come.
Main businesses
- Job posting system to shift human resources to new and growing businesses
- Allocate personnel to new businesses through improvements in operational efficiency
- Human resource recruitment, development, systems*1 and compensation necessary to create and promote new businesses
- Cutting-edge R&D
FY2023 | |
---|---|
KPI | Result |
Promote SoftBank InnoVenture commercialization | Considered commercialization: 7 projects (158 applications) |
FY2024 |
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KPI |
Promote SoftBank InnoVenture commercialization |
Related link
[Notes]
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*1
SoftBank Academia, SoftBank InnoVenture, SoftBank University
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*
Unless otherwise specified, the KPI metrics and targets, as well as results, are for SoftBank Corp. on a non-consolidated basis.
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*
“Main businesses” include initiatives by SoftBank Corp. and companies in the SoftBank Corp. Group.