May 17, 2016

Japan government to press mobile carriers on prices as profits soar

The government plans to step up pressure on the country’s largest mobile-phone carriers to offer cheaper plans as surging profits show they have room to reduce costs for customers, an official at the communications ministry said. Minister of Internal Affairs and Communications Sanae Takaichi ...

May 13, 2016

Alibaba, SoftBank team up on Japan-focused cloud computing venture

Alibaba Group Holding Ltd. teamed with its largest shareholder SoftBank Group Corp. to form a cloud computing service venture targeting Japanese customers as the Chinese e-commerce giant expands one of its fastest growing businesses. The venture known as SB Cloud Corp. will open a ...

Mobile carriers stream to higher profits

May 13, 2016

Mobile carriers stream to higher profits

Japan’s top three mobile carriers NTT Docomo Inc., KDDI Corp. and SoftBank Group Corp. posted higher operating profits in fiscal 2015, thanks in part to greater use of data streaming on smartphones. NTT Docomo saw operating profit rise 22.5 percent to ¥783 billion, the ...

May 10, 2016

SoftBank reports 8.8% jump in profit for year on Sprint savings

SoftBank Group Corp. on Tuesday said operating profit rose 8.8 percent in the just-ended business year, a tad short of analysts’ estimates, pushed up by robust domestic operations and cost cuts at U.S. subsidiary Sprint Corp. The telecoms conglomerate reported profit of ¥999.5 billion ...

Apr 6, 2016

Docomo, SoftBank ordered to end excessive smartphone discounts

The telecommunications ministry has instructed major mobile phone carriers NTT Docomo Inc. and SoftBank Corp. to stop selling smartphones effectively for free in defiance of guidelines aimed at ending excessive discounts. This is the first time that the Internal Affairs and Communications Ministry has ...

Pepper the robot to offer tailored services in Japanese retail shops

Mar 8, 2016

Pepper the robot to offer tailored services in Japanese retail shops

Pepper the humanoid robot will start offering tailored customer services in retail shops by using online data analysis. SoftBank Robotics Corp., which developed Pepper, will start selling the next-generation services this fall with Microsoft Japan Co. as part of their collaboration in cloud robotics, ...

SoftBank to split responsibility for Japan, overseas operations

Mar 8, 2016

SoftBank to split responsibility for Japan, overseas operations

SoftBank Group Corp. plans to divide its Japanese and overseas operations, splitting the responsibility for managing some ¥9.2 trillion of investments spanning the broadband and mobile industries and a stake in China’s largest Internet-shopping service. Group President Nikesh Arora will head up operations abroad, ...