Masayoshi Son boldly declared at the shareholders' meeting: "We aim to achieve a net asset value of 10 trillion yen. AI is not a bubble."

date
24/06/2026
SoftBank Group held its annual shareholders meeting in Tokyo on June 24th, with Chairman and CEO Masayoshi Son delivering a speech. Son stated, "The AI revolution has only just begun, and calling it a bubble is a blasphemy against AI." He also declared that the company aims to achieve a 14-fold increase in net asset value within the next 16 years, reaching 100 trillion yen. He also announced that he will "work hard for another 10 to 15 years," abandoning his previous plan to retire at the age of 60.