SoftBank Group (SoftBank Group) Deferred Tax : $1,569 Mil (TTM As of Dec. 2023)

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What is SoftBank Group Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

SoftBank Group's change in deferred tax for the three months ended in Dec. 2023 was $1,292 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $1,569 Mil.

SoftBank Group Deferred Tax Historical Data

The historical data trend for SoftBank Group's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SoftBank Group Deferred Tax Chart

SoftBank Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Deferred Tax

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2,129.52

6,396.59

12,007.93

4,997.89

2,399.10

SoftBank Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Deferred Tax	Get a 7-Day Free Trial															1,200.80	-1,103.73	990.39	390.46	1,292.01

SoftBank Group Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,569 Mil.

SoftBank Group Deferred Tax Related Terms

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SoftBank Group (SoftBank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Group Corp (OTCPK:SFTBY) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

SFTBF:USA SOFT:Mexico 9984:Japan SFT:Germany SFT:Austria

Address

1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303

Website

https://www.group.softbank

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.