【SoftBank Group】Domestic Hybrid Bond Issuance ｜ May 2026

Overview of Capital Raising

SoftBank Group announced the issuance of 260 billion yen of domestic hybrid bonds primarily targeted at individual investors on May 25, 2026. The bonds have a maturity date of June 19, 2061, and an undetermined interest rate, with a provisional range set at 4.80–5.60％, constituting long-term debt with a maximum of 35 years. The funds are planned to be used for refinancing USD-denominated hybrid bonds maturing in July 2027. The issuance is expected to be recognized as equity by credit rating agencies, aiming to strengthen capital and improve financial flexibility.

Impact on Investors and Future Outlook

Although accounting-wise these bonds are classified as interest-bearing liabilities, their deferred interest, ultra-long maturity, and subordination characteristics make them similar to equity, and their recognition as capital will contribute to financial stability. Early redemption and repurchase will be judged based on the company's financial condition and credit rating, playing an important role as a long-term funding source. Moving forward, the company intends to diversify funding sources and reinforce its financial base as part of its capital policy.