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 ...

Softbank named top B. League partner

Mar 10, 2016

Softbank named top B. League partner


The B. League officially revealed on Thursday that Softbank Group Corp. has become the circuit’s top partner, starting with the inaugural 2016-17 season. Japan Basketball Association president Saburo Kawabuchi emphasized that the sport has enormous potential both globally and domestically and the participation of ...

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, ...

Jan 19, 2016

Son's SoftBank vision at risk as Sprint goes from bad to worse

The acquisition of Sprint Corp. was supposed to help Masayoshi Son realize his vision of transforming SoftBank Group Corp. into the world’s most valuable company. Instead, the 2013 deal has become his biggest setback so far, dragging down SoftBank shares and cutting into the ...