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Min Jeong Lee
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 SoftBank's investments drew fire from investors, who saw the mix of personal and company interests as a corporate governance concern.
Japan Times
BUSINESS / Companies
Nov 11, 2022
Bain goes on Japan buying spree with $40 billion in investments
The U.S. firm is on a buying spree, sealing a multi-billion dollar deal last month to acquire Hitachi's metals unit, while it is involved in a bidding war for Toshiba.
Japan Times
BUSINESS / Companies
Nov 11, 2022
SoftBank’s quiet finance chief Yoshimitsu Goto to take Son’s place in spotlight
Goto will likely lead earnings briefings in the future to give Son more time to focus on chip design unit Arm's planned initial public offering and other priorities, the firm said.
Japan Times
BUSINESS / Companies
Sep 30, 2022
SoftBank plans Vision Fund staff cuts of at least 30%, sources say
Masayoshi Son, the billionaire founder of SoftBank Group, had said in August he would implement cost cuts after a record $23 billion loss.
Japan Times
BUSINESS
Sep 23, 2022
ANA to increase international flights as Japan's borders fully reopen
COVID-19 hit Japan's tourism industry hard — there were only about 246,000 foreign visitors last year, compared with a record 31.9 million in 2019.
Japan Times
BUSINESS
Jun 22, 2022
Private equity giants derided as vultures eye breakthrough in Japan
A successful deal for Toshiba, which may be private equity's largest ever in the country, would signal the once-criticized investors have become more accepted in Japan.
Japan Times
BUSINESS / Companies
Jun 21, 2022
Thai market helps mobile payments firm join list of unicorns in Japan
Mobile payment gateway provider Opn Co. owes much of its success to its early entry into the Thai market in 2013.
Japan Times
BUSINESS / Companies
Jun 17, 2022
NTT Data and Toyota to tap overseas startups for joint effort on connected cars
Japanese carmakers have been ramping up efforts to develop electric vehicles and connected cars, which can communicate with each other and outside networks to improve features.
Japan Times
BUSINESS / Companies
May 11, 2022
SoftBank faces record loss as Masayoshi Son’s bets tumble again
The world's largest tech fund is estimated to have lost about $18.6 billion on its public portfolio alone during the quarter that ended March 31.
Japan Times
BUSINESS / Companies
Apr 28, 2022
SoftBank’s Vision Fund devotes more of its cash to Japan for first time
The newfound interest comes after years of criticism in Japan of an unprecedented investment spree that's bankrolled high-profile startups elsewhere.
Japan Times
BUSINESS / Companies
Apr 26, 2022
SoftBank cuts back spending, leaving startups desperate for cash
The adoption of prudence at SoftBank's Vision Fund is an about-face from its past freewheeling largess.

Longform

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As climate extremes intensify, Japan embraces ancient weather rituals