On April 30, SoftBank announced the launch of "SoftBank Team Japan" in partnership with the Kansai Yacht Club, declaring its challenge for the 35th America's Cup, an international yacht race. The America's Cup is a match race sailing competition dating back to 1851, considered the pinnacle of yacht racing. Its winner's cup is known as the world's oldest sports trophy.
The Japanese team will compete in the "World Series," the preliminary event for the competition held in Portsmouth, UK, and other locations starting in July 2015, aiming to qualify for the final "America's Cup" event to be held in the Bermuda Islands in June 2017.
This will be the fourth time the Japanese team has challenged for the Cup, following their 2000 attempt and marking a return after a 15-year absence.

From left: Director Kurisaka, Chairman Kono, General Manager Hayafuku, and Hiroshi Watanabe, Chairman of the Kansai Yacht Club