
With its full-fledged entry into the mobile phone business with the acquisition of Vodafone K.K., sales have come increasingly from mobile communications and other infrastructure businesses. A balanced structure has been achieved, however, with non-infrastructure businesses generating 35.3% of the Group's operating income. This is the point on which the SOFTBANK Group differentiates itself from others in the industry.
The infrastructure business spans from mobile to broadband and fixed-line telecommunications, while portal and search, and a wide range of various broadband content and services are being developed as non-infrastructure businesses. In addition to cross-selling, this creates cost synergies, and as a result all business segments are showing continuous growth in cash flow and rising profit margins.
Three telecommunications segments—80.8% vs.
Non-telecommunications segments—19.2%

Three telecommunications segments—64.7% vs.
Non-telecommunications segments—35.3%

Increases over past 2 years*1: EBITDA—1.3-fold;
EBITDA margin—3.5 points

Increases over past 3 years: EBITDA—1.5-fold;
EBITDA margin—12.0 points

Increases over past 3 years: EBITDA—3.0-fold;
EBITDA margin—11.6 points

Increases over past 3 years: EBITDA—1.7-fold;
EBITDA margin—1.7 points

Increases over past 3 years: EBITDA—1.0-fold;
EBITDA margin—0.3 points

Increases over past 3 years: EBITDA—4.5-fold;
EBITDA margin—11.9 points
