Feb 8, 2017

SoftBank doubles group net profit in April-December

SoftBank Group Corp. said Wednesday its group net profit roughly doubled in the April-September period from a year earlier to ¥857.43 billion ($7.64 billion), helped by solid telecommunications business and improving profitability at its U.S. subsidiary Sprint Corp. Operating profit in the nine months ...

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Dec 7, 2016

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win. The investment revived speculation that U.S. telecoms giant ...

SoftBank's Son said to plan meeting with Trump in New York

Dec 6, 2016

SoftBank's Son said to plan meeting with Trump in New York

SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son was to meet with President-elect Donald Trump in New York on Tuesday, a person with direct knowledge of the matter said. Son has no specific agenda for the meeting but wants to meet Trump ...