June 1, 2026

SoftBank overtakes Toyota as Japan’s most valuable company on the AI rally

A silver van drives down a blurred street
Trac Vu / Unsplash

SoftBank’s market cap topped Toyota’s on Monday for the first time in 23 years, lifted by its ~$65bn OpenAI stake and a Nikkei breaking 67,000 for the first time. SoftBank Group overtook Toyota Motor on Monday to become Japan’s most valuable listed c...