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.
SoftBank set to overtake Toyota as Japan’s most valuable company amid AI boom
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. Multipl...
- SoftBank Group’s market capitalization rises above Toyota Motor’s in Tokyo trading, making it Japan’s most valuable listed company at least briefly.
- The move is driven by a rally in AI-related themes, with investors citing SoftBank’s AI exposure and its stake in OpenAI.
- SoftBank shares climb sharply on the day, with reported gains around 10%–11% during the session.
- The rally coincides with broader market strength, including reports of the Nikkei briefly reaching new highs.
- Some reporting places the last time SoftBank was top in Japan’s valuation ranking in February 2000, highlighting how long Toyota had held the lead.
SoftBank knocked Toyota off its perch as Japan’s most valuable company last week, after a stock rally inflated the conglomerate’s market capitalisation by more than $120 billion in six months. Three days later, Toyota reclaimed the top spot. The last time SoftBank held that position was February 2000, when the dot-com bubble was on the cusp of […] This story continues at The Next Web
2 months agoSoftBank has surpassed Toyota as Japan's most valuable company, driven by massive investments in AI, particularly in OpenAI. Founder Masayoshi Son's pledge of €75 billion for European AI data centers fueled a significant stock surge. This shift highlights investor confidence moving from traditional manufacturing towards the burgeoning artificial intelligence sector.
2 months agoTech investor SoftBank Group dethroned automaker Toyota to become Japan's most valuable company, as the benchmark Nikkei index briefly reached a new high on Monday amid the co...
2 months agoThe rally has propelled SoftBank shares up more than 90 per cent this year, pushing the company's market value above 48 trillion yen, higher than Toyota's around 46 trillion yen
2 months agoTech investor SoftBank Group soared more than 11% in afternoon trading after its founder announced a US$87.5 billion investment in AI infrastructure in France.
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