9984.T Stock Today: December 30 – 4-for-1 Split Fails to Lift Shares
SoftBank Group stock split headlines trading in Tokyo on December 30. The 4-for-1 action lowers the minimum lot price to court retail buyers, yet the SoftBank share price was softer as selling pressure emerged. Local media noted profit-taking, even while Nikkei today looked firm. For investors tracking the 9984.T stock, we break down why the split pop failed, how liquidity may help later, and the next catalysts to watch.
What changed after the split
The 4-for-1 SoftBank Group stock split cuts the per-share price to roughly one quarter and multiplies the share count by four. That makes one-lot purchases more affordable for retail in Japan and should improve liquidity over time. In the near term, increased share supply and order imbalance can pressure prices as the market absorbs new, lower-priced lots.
Shares were under pressure on December 30 despite expectations for a retail boost. Local reports cited selling from holders locking in gains and near-term supply effects following the SoftBank Group stock split. The broad market backdrop looked stable, but the stock lagged, according to Kabutan. That points to stock-specific flows rather than macro weakness.
Why the rally stalled
The lack of a bounce follows a powerful advance into year-end. On recent performance data, 9984.T stock rose about 205.9% over six months and 138.6% over one year, with a 53.1% three-month gain. After such moves, active holders often sell into liquidity events like a SoftBank Group stock split, capping near-term upside and inviting mean reversion.
Nikkei today was expected to stay firm, helped by steady external cues, yet the stock traded soft. This divergence suggests positioning and flows outweighed macro support. As noted by Nikkei, the index tone looked resilient, but the SoftBank Group stock split did not translate into buying follow-through for the company’s shares.
Valuation and fundamentals to watch
On latest available figures, SoftBank trades around 8.3x TTM earnings with EPS of ¥2,139.8 and about 1.80x price-to-book. Price-to-sales is near 3.38x. The dividend is ¥44 per share, roughly a 0.25% yield. These metrics look reasonable, but they sit against volatile investment results. A SoftBank Group stock split does not change valuation, only optics and liquidity.
Key risks remain. Debt-to-equity is about 1.44, while interest coverage hovers near 1.03x, leaving less room if funding costs rise. TTM free cash flow is negative and working capital is in deficit. These factors can amplify swings in sentiment. Investors should pair split-driven liquidity benefits with leverage awareness before leaning into the SoftBank Group stock split narrative.
Key levels and catalysts
Using recent data, price sits below the 50-day average near ¥20,260 but above the 200-day near ¥13,432, a consolidation setup. RSI around 48 suggests neutral momentum, ADX near 14 signals no strong trend, and ATR above ¥1,000 points to elevated volatility. None of these change due to the SoftBank Group stock split, but they frame near-term risk.
Next scheduled catalyst is earnings on February 12, 2026. Updates on Arm monetization, Vision Fund exits, buybacks, and any guidance shifts could sway sentiment. Watch retail participation metrics after the SoftBank Group stock split, especially lot trading on the TSE, and whether the stock reclaims the 50-day average on improving breadth and steady Nikkei today.
Final Thoughts
The 4-for-1 SoftBank Group stock split lowers the entry ticket and should lift liquidity over time, but it did not spark a quick rally. We see near-term selling, supply effects, and a big prior run as the main reasons. For positioning, consider staggered entries rather than lump-sum buys, and watch whether the stock can hold above the 200-day and reclaim the 50-day with rising volume. Balance the appeal of better trading liquidity against leverage, thin interest coverage, and volatile cash flows. Keep an eye on earnings, index tone, and any buyback signals before leaning into 9984.T stock strength.
FAQs
You now hold four times as many shares at one quarter of the pre-split price. Your total investment value is unchanged by the SoftBank Group stock split. Lot sizes are more affordable, which may improve liquidity and tighten spreads over time, but fundamentals and news still drive performance.
Local reports point to profit-taking after a strong multi-month rally and short-term supply effects from the SoftBank Group stock split. Some holders used the event to reduce exposure. Liquidity should improve over time, but initial order imbalances can weigh on price until new demand absorbs the added float.
A split does not change valuation or cash flows. It can help by broadening retail access and liquidity, which may reduce trading costs. Whether it is bullish depends on fundamentals, capital allocation, and catalysts. Treat the SoftBank Group stock split as a microstructure positive, not a guarantee of gains.
Focus on the 50-day moving average near ¥20,260 as resistance and the 200-day near ¥13,432 as support. Neutral RSI suggests range trading. A sustained move above the 50-day on rising volume would signal improving momentum after the SoftBank Group stock split. Avoid chasing moves during high ATR swings.
Earnings on February 12, 2026, updates on Arm and Vision Fund asset sales, and any buyback or dividend news are key. Also watch flows linked to the SoftBank Group stock split, retail activity in smaller lots, and the broader tone of Nikkei today for risk appetite cues.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
