Analysts and investors are also eagerly awaiting clues about new growth investments as SoftBank has ample liquidity and can monetize its huge holding in Arm.
The share price of Britain-based Arm, in which SoftBank has a 90% stake, roughly doubled in February after strong earnings results stoked investor excitement over Arm's anticipated gains from the adoption of generative artificial intelligence , but Arm's share price does not feed into SoftBank's profit as it is a subsidiary.fell.
SoftBank's management has said it is ready to make new growth investments but has stressed it will adopt a cautious approach. SoftBank could fund up to $30 billion by combining its liquidity at hand as of the end of 2023, the proceeds of bonds issued in March and by negotiating a margin loan on its Arm stake, according to calculations by Nomura Securities credit analyst Shogo Tono.
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