Overview
Description
SoftBank Group Corp. Canadian Depositary Receipt is a financial instrument that represents an ownership stake in SoftBank Group Corp. shares, translated for investment and trading in the Canadian market and via international platforms. As a Canadian depositary receipt (CDR), it allows investors to gain exposure to the performance of SoftBank Group Corp., a major Japanese holding company with operations spanning telecommunications, technology, investment, and venture capital sectors. The CDR structure enables access to shares listed in foreign markets while reducing the impact of currency fluctuations by providing currency hedging aligned with the Canadian dollar. SoftBank Group Corp. is particularly known for its strategic investments in technology firms and innovative businesses worldwide. The introduction of this CDR plays a significant role by broadening access to one of Asia's most influential conglomerates for international investors, providing diversification and simplifying cross-border trading and settlement processes typically associated with direct foreign share ownership.
About
CEO
Mr. Masayoshi Son
Employees
67229
Address
1-7-1, Kaigan
Minato-ku
Tokyo, 105-7537
Minato-ku
Tokyo, 105-7537
Phone
81 3 6889 2000
Website
Instrument type
Depositary receipt
Sector
Communication Services
Industry
Telecom Services
Country
Germany
MIC code
XFRA