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Min Jeong Lee
For Min Jeong Lee's latest contributions to The Japan Times, see below:
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo in October.
BUSINESS / Tech
Feb 17, 2024
Masayoshi Son aims to launch a $100 billion AI chip venture
The SoftBank Group founder is looking to create a chip venture to compete with Nvidia and supply semiconductors essential for AI.
SoftBank Group booked a profit for the December quarter after four straight quarters of losses.
BUSINESS / Companies
Feb 8, 2024
SoftBank swings to profit lifted by T-Mobile windfall
SoftBank recorded its first profit after four straight quarters of losses, backed by a rebound of the Vision Fund and gains from T-Mobile shares.
Fujitsu apologized for its role in the wrongful conviction of more than 900 subpostmasters in the U.K. who used its accounting software.
BUSINESS / Companies
Feb 1, 2024
Fujitsu promises better quality control after U.K. scandal
The Tokyo-based technology company is the subject of an inquiry into a glitch in its Horizon accounting software used by the U.K. Post Office.
Keisuke Honda is joining an inflow of investment in Japan’s long-neglected startup scene.
BUSINESS
Jan 20, 2024
Retired soccer star Honda sets up $100 million Japan startup fund
In a country where celebrities shy away from speaking about their money or investments, the former AC Milan midfielder faces little competition from other sports stars.
As Kura has grown, so has the hype, with diners sometimes enduring seven-hour waits to try its automated sushi-serving machines and dishes under plastic domes brought to the table on a revolving belt.
BUSINESS / Companies
Jan 13, 2024
Kura Sushi must live up to high hopes after wowing Wall Street
Kura shares have surged more than sixfold since their 2019 debut, climbing from an initial public offering price of $14 to $88.55.
Takahito Tokita, chief executive officer at Fujitsu, speaks during an interview at the company's headquarters in Tokyo on Wednesday.
BUSINESS / Companies
Dec 22, 2023
Fujitsu speeds aircon deal as it aims for ¥700 billion boost from AI
The urgency to close the deal rises amid growing geopolitical and economic uncertainty.
Christian Sinding, chief executive officer of EQT, in Tokyo in September
BUSINESS / Companies
Nov 28, 2023
Private equity giant EQT buys stake in Japanese startup HRBrain
The purchase marks a rare attempt by a global private equity giant to boost returns through young enterprises in the Asian country.
SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023
WeWork saga cost Masayoshi Son $11.5 billion and his credibility
WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.
Kioxia Holdings has approached Japan Investment Corp. about making a capital infusion to support its merger with Western Digital and strengthen the combined company’s financial base, according to people familiar with the matter.
BUSINESS
Oct 20, 2023
Kioxia has approached JIC to back Western Digital deal: sources
Kioxia’s lenders are working toward submitting a commitment letter as soon as possible to help facilitate the agreement.
The PayPay app now seeks to keep its pace of double-digit growth with help from other SoftBank portfolio companies.
BUSINESS / Tech
Oct 5, 2023
SoftBank’s PayPay app showcases Masayoshi Son’s clout in Japan
Seen to be next in SoftBank’s initial public offering pipeline, the startup now holds two-thirds’ share in QR-code payments in Japan.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo on Wednesday.
BUSINESS / Companies
Oct 4, 2023
SoftBank’s Son tells Japan: Adopt AI or get left behind again
Japan, which largely missed the initial wave of growth from the internet, can’t afford to lose another three decades, SoftBank founder Masayoshi Son said.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023
SoftBank begins making investments again but ‘timidly with fear’
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
Japan Times
BUSINESS / Companies
Jun 22, 2023
Elevator-maker showcases growing shareholder activism in Japan
Fujitec shareholders rejected a raft of proposals from ousted chairman Takakazu Uchiyama to overhaul the board during Wednesday"s annual shareholders meeting, a Fujitec spokesperson said.
Japan Times
BUSINESS
Jun 21, 2023
SoftBank’s Son goes back on offense to cement his tech legacy
The billionaire is ending years of relative dormancy after his Vision Fund, the world’s largest pool of tech capital, racked up billions of dollars of losses.
Japan Times
BUSINESS
May 24, 2023
S&P 'unreasonable,' says SoftBank, after tech giant's rating downgraded
SoftBank criticized the decision and argued that selling off assets like Alibaba in exchange for cash was clearly better for its balance sheet stability.
Japan Times
JAPAN
May 1, 2023
Alibaba founder Jack Ma joins University of Tokyo as professor
As a visiting professor, he will provide advice on research topics and conduct research, especially in sustainable agriculture, as well as give seminars about entrepreneurship.
Japan Times
BUSINESS
Apr 25, 2023
Cybersecurity nightmare in Japan is everyone else’s problem, too
Within some Japanese companies, there is resistance to disclosing attacks and upgrading systems, which stems from societal norms around assigning blame, some analysts say.
Japan Times
BUSINESS
Apr 12, 2023
Moon lander-maker Ispace goes untraded on glut of buy orders
Shares were quoted at ¥585, or more than twice the offering price of ¥254 at market close on Wednesday, according to the Tokyo Stock Exchange.
Japan Times
BUSINESS / Companies / FOCUS
Mar 26, 2023
Rocky road to Toshiba deal raises doubts about a future comeback
The questions now are whether activist investors will accept the terms — and whether the firm can restore its former glory.
Japan Times
BUSINESS / Companies
Nov 18, 2022
Masayoshi Son now owes SoftBank $4.7 billion on side deals
Over the years, Son's controversial personal stakes in SoftBanku2019s investments drew fire from investors, who saw the mix of personal and company interests as a corporate governance concern.

Longform

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