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SoftBank Group becomes biggest Japan firm in market cap

Photo taken on April 12, 2026, shows a signboard with a SoftBank Group Corp. logo in front of the building housing its headquarters in Tokyo. The tech conglomerate's market capitalization topped 47 trillion yen ($295 billion) on June 1, 2026, following recent stock price gains backed by the company's aggressive investments in AI, surpassing Toyota Motor Corp. as Japan's largest company in terms of total market value.

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SoftBank Group becomes biggest Japan firm in market cap

Photo taken on April 12, 2026, shows a building housing the headquarters of SoftBank Group Corp. in Tokyo. The tech conglomerate's market capitalization topped 47 trillion yen ($295 billion) on June 1, 2026, following recent stock price gains backed by the company's aggressive investments in AI, surpassing Toyota Motor Corp. as Japan's largest company in terms of total market value.

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XINHUA PHOTOS OF THE DAY

(240507) -- BEIJING, May 7, 2024 (Xinhua) -- An aerial drone photo taken on May 2, 2024 shows tourists visiting a historical and cultural district along the Grand Canal in Wuxi, east China's Jiangsu Province. China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday. Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019. (Photo by Huan Yueliang/Xinhua)

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#CHINA-MAY DAY HOLIDAY-TOURISM (CN)

(240506) -- BEIJING, May 6, 2024 (Xinhua) -- An aerial drone photo taken on May 2, 2024 shows tourists visiting the West Lake in Hangzhou, east China's Zhejiang Province. China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday. Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019. (Photo by Long Wei/Xinhua)

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#CHINA-MAY DAY HOLIDAY-TOURISM (CN)

(240506) -- BEIJING, May 6, 2024 (Xinhua) -- An aerial drone photo taken on May 2, 2024 shows tourists visiting a historical and cultural district along the Grand Canal in Wuxi, east China's Jiangsu Province. China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday. Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019. (Photo by Huan Yueliang/Xinhua)

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#CHINA-MAY DAY HOLIDAY-TOURISM (CN)

(240506) -- BEIJING, May 6, 2024 (Xinhua) -- Tourists watch an acrobatic show at a scenic area in Tancheng County, east China's Shandong Province, May 1, 2024. China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday. Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019. (Photo by Zhang Chunlei/Xinhua)

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#CHINA-MAY DAY HOLIDAY-TOURISM (CN)

(240506) -- BEIJING, May 6, 2024 (Xinhua) -- Tourists visits the Imperial Summer Resort in Chengde, north China's Hebei Province, May 2, 2024. China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday. Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019. (Photo by Liu Huanyu/Xinhua)

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#CHINA-MAY DAY HOLIDAY-TOURISM (CN)

(240506) -- BEIJING, May 6, 2024 (Xinhua) -- Tourists visits Fuzimiao, or the Confucius Temple, in Nanjing, east China's Jiangsu Province, May 2, 2024. China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday. Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019. (Photo by Su Yang/Xinhua)

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#CHINA-MAY DAY HOLIDAY-TOURISM (CN)

(240506) -- BEIJING, May 6, 2024 (Xinhua) -- Tourists look at an exhibit at the Shaanxi History Museum in Xi'an, northwest China's Shaanxi Province, May 2, 2024. China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday. Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019. (Photo by Chu Baorui/Xinhua)