SoftBank Group is poised to surpass Toyota Motor as Japan’s most valuable listed company as an AI-driven market rally lifts the technology conglomerate’s share price and market capitalization. Multiple outlets report that SoftBank shares rise sharply in Tokyo trading, with intraday gains described as up to around 10%–11%, lifting its valuation above Toyota’s. The move is linked to investor enthusiasm for AI-related assets and SoftBank’s exposure to the sector, including its large stake in OpenAI, cited in some reports as supporting sentiment. Several sources also connect the rally to broader market conditions, including a Nikkei index breaking key levels during the session. One report notes that the Nikkei reaches a new high above 67,000 for the first time, reinforcing risk appetite. Bloomberg characterizes the shift as part of a broader reshuffling tied to the global AI boom. Other coverage adds context that SoftBank previously held the top spot in the late dot-com era, while TNW also reports that Toyota can reclaim the position after brief fluctuations. Overall, the reports describe SoftBank moving ahead of Toyota for the first time in decades, though the lead may be temporary as markets move.