SoftBank confirms ARM is for sale

Following weeks of rumors about a sale or spinoff of ARM, SoftBank finally confirmed that ARM is indeed for sale. The Japanese parent company, which bought ARM in 2016 for $32 billion, is weighing its options. During the company's first quarter earnings call, CEO Masayoshi Son revealed SoftBank is exploring the option of selling ARM or a stake in the company. Should this fail, SoftBank may relist ARM on the stock market in 2023 - if not sooner. In recent weeks, there have been rumors that NVIDIA and a consortium of tech companies are interested in acquiring ARM.

Third highlight is Arm. With $32 billion, we acquired this company about 4 years ago. As of today, we, SoftBank Group, owns 75%, and 25% is held by SoftBank Vision Fund. Our - based on the investors, LP's request that the 25% are held by Vision Fund. In total of those 2, we have 100% in Arm. Recently, the media is covering some articles that back in - the 2023 that we are planning to relisting, so it was originally a listed company and relisting is not that difficult actually. However, of course, we need to make good performance and also collecting the initial cost, and that relisting is something that we have scheduled to relisting so that some interest over this company. As one of the options that we may study or explore are the option of selling a part or some or full of the company. Of course, another option is to bring forward the timing of IPO of this company. So that is another option that we can have. So we would like to closely study the best option. Of course, it's also up to the counterpart as well, so that we would like to explore the opportunities or options that we should be choosing as a best option.