Softbank to absorb two subsidiaries in DX, AI push
Softbank Corp. announced the absorption-type mergers of its wholly owned subsidiaries, SB Technology Corp. (SBT) and Japan Computer Vision Corp. (JCV), effective April 1, 2026, and May 1, 2026, respectively. These simplified mergers aim to integrate management resources, enhance operational efficiency, and accelerate the group's DX and AI Transformation (AX) initiatives.
The mergers will unify Softbank's management structure, enabling faster decision-making and optimal resource allocation. Softbank will leverage SBT’s cloud, security, AI, and data analytics expertise, along with JCV’s facial recognition technology, to strengthen its support for enterprise and local government DX. This move aims to establish Softbank as a next-generation social infrastructure company. Both SBT and JCV will be dissolved, with Softbank Corp. as the surviving entity.
JCV's liabilities currently exceed its assets; however, Softbank will conduct a third-party allotment to resolve this prior to the merger agreement. Softbank anticipates the mergers will have a minor impact on its consolidated financial results, with no changes to the company's name, address, representative, business, common stock, or fiscal year end.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
News Alerts
Get instant email alerts when Softbank Corp publishes news
Free account required • Unsubscribe anytime