Business / Corporate May 13, 2021
SoftBank tumbles after record profit fails to impress
Investors are skittish about whether SoftBank will keep buying back its own stock after completing a ¥2.5 trillion allotment for repurchases.
Takahiko Hyuga
For Takahiko Hyuga's latest contributions to The Japan Times, see below:
Business / Corporate Jan 13, 2021
SoftBank sells $2 billion in Uber stock as services recover
Uber's food delivery business has surged during the pandemic, making up for losses suffered by its ride-hailing service.
Business / Corporate Oct 19, 2020
SoftBank hits 20-year high as investors embrace defensive stance
The Tokyo-based company’s stock gained more than 3% to ¥7,244, the highest level since March of 2000 in the midst of the dot-com boom.
Business / Corporate Oct 15, 2020
SoftBank to combine frenzy of SPACs with CEO’s eccentric vision
For Masayoshi Son, creating such a vehicle may give him a new way to invest in nascent companies while tapping the surging public markets for money.
Business / Corporate Sep 25, 2020
Masayoshi Son cuts SoftBank shares pledged to lenders by $810 million
Son trimmed his committed shares by about 14 million to 213 million, according to regulatory filings.
Business / Corporate Sep 8, 2020
SoftBank’s big options bet tests investors' faith in Masayoshi Son
The firm’s position has injected a jolt of uncertainty into the market, with questions about exposure and plans for future trading.
Business / Corporate Aug 19, 2020
SoftBank to dispatch executives to help stricken Oyo
Cuts in Japan by the online hotel operator come as it adapts to a much smaller tourism industry in the wake of the coronavirus pandemic.
Business / Corporate Jul 13, 2020
After 133% rally, SoftBank investors bet there’s more to come
Founder Masayoshi Son has made a career out of confounding his doubters, and analysts see plenty of upside to his company's share price despite all its recent troubles.
Business / Corporate Jul 6, 2020
SoftBank startup Oyo slashing footprint and head count in Japan
The moves extend its ongoing effort to downsize internationally as it adapts to a tourism industry crushed by the coronavirus.
Business / Corporate Apr 13, 2020
Masayoshi Son’s $2 billion guarantee at risk as virus sickens SoftBank star Oyo
Just nine months ago, Masayoshi Son publicly declared Ritesh Agarwal one of the star entrepreneurs backed by his SoftBank Group Corp. The billionaire boasted that Agarwal’s Oyo Hotels & Homes was poised to overtake the biggest hotel chains in the world just a few ...