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FUND

Volatility in the Vision Fund’s quarterly performance consistently dogs SoftBank, which has embarked on a project with OpenAI to invest $500 billion on artificial intelligence infrastructure.
BUSINESS / Companies
Feb 12, 2025
SoftBank swings to a loss ahead of big Stargate AI bet
The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion) for the fiscal third quarter amid volatility in its Vision Fund unit.
Sumitomo Mitsui Banking Corp., Nomura Holdings Inc. and SBI Holdings Inc. are among at least 20 companies that have invested in X&KSK Fund, which is set up by former national soccer star Keisuke Honda.
BUSINESS / Companies
Jan 3, 2025
Soccer star Honda’s venture capital AI fund raises $98 million
Keisuke Honda, who has scored goals in three World Cups, seeks to create a so-called decacorn in Japan — a closely held company with a market value of more than $10 billion.
SoftBank chairman Masayoshi Son (right) and Jensen Huang, co-founder and chief executive officer of Nvidia, take part in a fireside chat at the Nvidia AI Summit Japan in Tokyo on Wednesday.
COMMENTARY
Nov 19, 2024
Masayoshi Son is trying to make up for past mistakes
SoftBank, once Nvidia’s top shareholder, dumped its stake — oops! — before the chipmaker became one of the most valuable companies in the world.
SoftBank returned to the black in the three months to September, as it benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
BUSINESS / Companies
Nov 12, 2024
SoftBank back to quarterly profit with ¥1.18 trillion gain
The tech giant benefited from higher share prices of listed companies in its Vision Fund investment vehicles.
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.
COMMENTARY / Japan
Oct 30, 2024
Masayoshi Son inflates the AI bubble even more
Masayoshi Son last month invested $500 million in OpenAI through his Vision Fund, having missed out on the AI company’s previous funding rounds.
From left: Promoter Frank Warren, fighter Anthony Joshua and Saudi official Turki al-Sheikh attend a fight between Dmitry Bivol and Malik Zinad in Riyadh on June 1.
MORE SPORTS / Boxing
Jun 12, 2024
Saudi Arabia wealth fund holding talks to create boxing league, sources say
PIF is looking to invest in a joint venture with some of the sport's stakeholders that would feature more boxing bouts.
SoftBank is regaining its footing just as founder Masayoshi Son readies sizable investments in artificial intelligence and semiconductors.
BUSINESS / Companies
May 13, 2024
SoftBank to get more aggressive on AI after profit and asset sales
The company earned a better-than-expected net income in the March quarter, helped by investment gains.
SoftBank Group CEO Masayoshi Son in 2019. Son is said to be selling off assets from the Vision Fund’s portfolio as he prepares for possible forays into AI and related hardware.
BUSINESS / Companies
May 10, 2024
SoftBank's Vision Fund lightens asset load as Son pivots to AI and chips
Son has moved on to new obsessions, inspired in part by the success of Arm — which has soared in value to around $106 billion since its market debut.
Dustin Johnson has a lifetime exemption to the Masters after winning the tournament in 2020.
MORE SPORTS
Apr 11, 2024
Asian Tour remains an option for LIV stars in search of ranking points
The Asian Tour has entered into a growth cycle over the last three years, expanding to 24 tournaments.
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.
Tiger Woods laughs at a comment made by Justin Thomas (back) during the PNC Championship in Orlando, Florida, on Saturday.
MORE SPORTS / Golf
Dec 17, 2023
PGA Tour still aims to meet deadline for Saudi alliance, Woods says
The PGA Tour, scrambling to finalize its merger plans ahead of the deadline, has said it would proceed with talks with U.S.-based Strategic Sports Group.
Crushers team captain Bryson Dechambeau (right) and Charles Howell III celebrates after winning the LIV Golf team championship at Trump National Doral, in Doral, Florida, on Sunday.
MORE SPORTS / Golf
Oct 23, 2023
LIV Golf heads into offseason full of uncertainty
Bryson DeChambeau's Crushers won the LIV Golf Team Championship on Sunday.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023
Global tech stock rebound lifts SoftBank Vision Fund into profit
The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
Japan Times
BUSINESS
Jul 7, 2023
Japan pension fund GPIF posts ¥10.3 trillion quarterly return on global equities rally
GPIF gained 5.41% for the quarter, raising its total assets to above ¥200 trillion, it said in its annual report for fiscal 2022, which ended in March.
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 / Companies
May 11, 2023
SoftBank Vision Fund loses ¥4.3 trillion on weak startup values
Many of the privately held companies that SoftBank’s invested in are not yet profitable, while the IPO market remains lackluster.
Japan Times
COMMENTARY / Japan
Feb 9, 2023
SoftBank’s Masayoshi Son may have one big bet left
The Vision Funds are almost exhausted, so the company will be looking for something else to buy in order to boost returns.
Japan Times
BUSINESS / Companies
Feb 7, 2023
SoftBank Vision Fund loses ¥660 billion as tech slump persists
A collapse in valuations last year has pummeled the global tech investor, which holds stakes in hundreds of startups.
Japan Times
BUSINESS
Jan 16, 2023
TV announcer turned portfolio manager beats 97% of Japanese peers
Maiko Uda reckons the Bank of Japan will raise its cap for 10-year sovereign yields to at least 1.5% within two years from 0.5% now.

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Dangami House is a 180-year-old former samurai residence of the Kato clan, who ruled over Ozu, Ehime Prefecture, until the Meiji Restoration.
A house, a legacy and the quiet work of restoration in rural Japan