SoftBank's regional clean-energy ambitions find favor in Mongolia

Nov 24, 2016

SoftBank's regional clean-energy ambitions find favor in Mongolia

SoftBank Group Corp. plans to build more wind projects in Mongolia as Chairman Masayoshi Son pushes to connect countries across Asia with transmission lines to supply cheap, clean energy. The Tokyo-based company’s first wind farm in Mongolia is a 50-megawatt project being developed with ...

Nov 8, 2016

SoftBank's profit improves as Sprint gets on track

SoftBank Group Corp. reported a better-than-projected second-quarter profit, with the wireless and internet businesses in Japan bringing in cash while Sprint Corp. shows signs of improvement. Net income was ¥512.1 billion in the period ended Sept. 30, the Tokyo-based company reported on Monday. That’s ...

Nov 6, 2016

Ministry to stiffen curbs on smartphone discounts

A panel appointed by the communications ministry will call for bolstering guidelines aimed at preventing excessive discounts for smartphones, it has been learned. The proposal on Monday will stress that better standards are needed to check whether consumers are being charged legitimate fees, a ...

Oct 8, 2016

Japan punishes three firms over predatory smartphone discounts

Japan’s communications ministry imposed administrative penalties on three phone service providers on Friday for offering excessive discounts to customers buying smartphones. The ministry gave NTT Docomo Inc., KDDI Corp. and SoftBank Corp. until the end of this month to report measures to end the ...

Sep 16, 2016

Mizuho, SoftBank partner on AI-based consumer lending venture

Mizuho Bank and SoftBank Group Corp. have agreed to set up a 50-50 joint company to provide unsecured consumer loans via artificial intelligence technology. Using customers’ business histories at both firms for the credit-screening process, the venture will provide an innovative, attractive, low-cost loan ...