Softbank represents one of the companies with significant entrepreneurial potential and future growth prospects (MacDonald, 2010). The core competence and long-term strategies penetrates in the US, Japanese and Western European markets. Softbank has positioned itself as the global number 1 in mobile, internet and technology industry. But in the meantime, the company has set its foot in many other business fields including E-commerce, financial services, publishing and marketing, infrastructure, technology services and broadcasting (SoftBank Technology Corp, 2016). The vision of the company is consistent through recent years (Softbank, 2017). The company strategy will evolve to maximise the opportunities they have (Softbank, 2017). There are…show more content… The company is aiming for perpetual growth through an unchanging venture spirit. In financial year 2016/2017, the company has achieved strong growth in segment income and free cash flow. This is the result of development in three key brands including SoftBank and Y!mobile smartphone brands and the SoftBank Hikari fiber-optic service brand (Softbank, 2017a). The company wants to strengthen its telecommunication network by initiatives for introduction of 5G network. The company spend a lot of resources in R&D of 5G network. In the meantime, to improve the supply chain management and management efficiency, the company has reduced its outsource business model to inhouse business model (Softbank, 2017a). The second part of the Softbank business strategy is the Sprint Business Strategy. This strategy is aiming to boost the sales and growth in the domestic market and take advantage of Softbank’s business connection to strengthen the balance sheet. In 2016/2017 Financial year, the Sprint Business Strategy has created a strong operating momentum for the…show more content… Masayoshi Son delivered a very strong message in the 2017 Annual report. He would like to shake up the world with his vision and ambition in the industry. According to his plan, the company will continue invest in technology and information revolution that can make the world a better place. The company has launched several comprehensive projects that can fundamentally transform the internet and mobile industry in Japan (Lewis et al, 2016). Now, Masayoshi Son wants to bring the technological revolution to the global market. The company is currently engaging in a global strategy where the headquarters in Japan has substantial control of the global operation in order to achieve maximum efficiency, learning and integration. The company’s Vision Fund is an example of how Softbank utilise its capital fund to invest in cutting edge technology worldwide. The leaders of the company created the Vision Fund as a result of their strong belief of the new information revolution that is underway. In the meantime, the company should take the approach towards a translational strategy (SoftBank Technology Corp, 2016). This is a coordinated approach to internalisation. While Softbank has achieved financial and operational success in Japan, the company needs to be more responsive to local needs in other markets. The translational strategy seeks to combine the major advantage of multi-domestic and global strategies while