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April 24, 2024
 

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SOFTBANK GROUP

Japan Times
JAPAN
Jan 13, 2020
Former Zozo fashion retailer Yusaku Maezawa seeks girlfriend for 2023 SpaceX voyage
Call it "The Bachelor: Lunar Edition."
Japan Times
BUSINESS / Companies
Aug 16, 2019
SoftBank's Fortress emerges as white knight for hotel chain Unizo with $1.3 billion bid
Hotel chain Unizo Holdings said Friday it has received a friendly buyout offer worth up to $1.3 billion from a SoftBank Group investment firm, in a deal that will help it fend off a rare hostile takeover bid from travel agency H.I.S. Co.
Japan Times
BUSINESS / Companies
May 9, 2019
SoftBank Group net profit grew by third to ¥1.41 trillion in fiscal 2018 as Vision Fund bets paid off
The fund has invested in 69 companies, including U.S. ride-hailing giant Uber Technologies Inc. and Indian hotel operator Oyo Hotels & Homes.
Japan Times
BUSINESS / Companies
May 6, 2019
SoftBank has a big Sprint problem on its hands if T-Mobile takeover falls through
No one has more riding on Sprint Corp.'s $26.5 billion sale to T-Mobile US Inc. than SoftBank Group and its founder, Masayoshi Son.
Japan Times
BUSINESS / Companies
Feb 17, 2019
Japanese firms buying back shares at a record pace
Publicly traded firms' purchases of their own shares are expected to hit a record in fiscal 2018, which ends next month, as they are increasingly focusing on the interests of shareholders.
Japan Times
BUSINESS / Companies / Taking the Lead
Nov 13, 2018
Successful Japanese communications entrepreneur sets sights on renewable energy race
If it wasn't for Sachio Semmoto, the landscape of Japan's communications industry would look different today.
Japan Times
BUSINESS / Companies
Oct 5, 2018
Twenty years in the making: The backstory behind the new Toyota-SoftBank joint venture
Appearing together at news conference on Thursday in Tokyo, Toyota Motor Corp. President Akio Toyoda and SoftBank Group Corp. Chairman Masayoshi Son recounted an episode 20 years prior that put the two at loggerheads over a proposed business venture.
Japan Times
BUSINESS
Sep 2, 2018
Saudi sovereign fund appoints former Dow Chemical CEO Andrew Liveris as special adviser
In its highest-profile appointment of any global manufacturing executive, Saudi Arabia's sovereign fund has named Andrew Liveris, the former chairman and chief executive of Dow Chemical, as a special adviser.
Japan Times
BUSINESS / Companies
Aug 6, 2018
SoftBank's April-June profit jumps as Vision Fund investments pay off
SoftBank Group Corp. said Monday its group net profit in the April to June period jumped to ¥313.69 billion ($2.8 billion) from ¥5.52 billion a year earlier, as its investments through its nearly $100 billion fund are paying off.
Japan Times
BUSINESS / Companies
Jul 23, 2018
Together with Indian startup Paytm, SoftBank plans to create mobile payment service in Japan by year-end
SoftBank Group Corp. plans to announce within days that it will start a mobile digital payments service in Japan by the end of 2018, as billionaire founder Masayoshi Son seeks to expand in the sector, people familiar with the matter said.
Japan Times
BUSINESS / Companies
Jun 20, 2018
SoftBank vows to bolster startup investment through its Vision Fund at shareholders meeting
SoftBank Group Corp. CEO Masayoshi Son said Wednesday that the company will bolster its investment business in a shift in the telecommunications giant's growth strategy.
Japan Times
BUSINESS / Companies / FOCUS
Feb 19, 2018
SoftBank's IPO plan raises doubts about guarantees on bonds worth $33 billion
Billionaire Masayoshi Son's plan to list his cash-cow telecom business is raising concern among observers that the company might stop guaranteeing the debt of its parent, SoftBank Group Corp., worsening the quality of its credit.
Japan Times
BUSINESS / Companies
Feb 8, 2018
ARM embraces tech revolution under SoftBank and loses money
It's an accepted belief among tech startups that it's OK to grow fast at the sake of profits. But what if the company is 27 years old?
Japan Times
BUSINESS / Companies
Feb 8, 2018
SoftBank in talks to buy one-third stake in reinsurer Swiss Re as domestic rivals report record profits
SoftBank Group Corp. CEO Masayoshi Son is warming to an industry that's long been a favorite of billionaires looking to diversify their business empires.
Japan Times
BUSINESS / Companies
Nov 28, 2017
SoftBank reportedly offering to buy Uber shares at steep discount
SoftBank Group Corp. and a group of investors are said to be trying to buy a big stake in Uber Technologies Inc. at a sizable discount to the ride-hailing company's $69 billion valuation, seeking to clinch what would be one of the largest ever purchases of stock in a private company.
Japan Times
BUSINESS / Companies / FOCUS
Nov 6, 2017
SoftBank's Masayoshi Son faces tough choices after dropping Sprint and T-Mobile tieup plan
Masayoshi Son, celebrated Japanese deal-maker, just negotiated himself into a corner.
BUSINESS / Companies
Nov 2, 2017
SoftBank expects final bid for Sprint-T-Mobile merger this week as prospects for deal fade fast
SoftBank Group Corp. is waiting to hear back from Deutsche Telekom AG on an 11th-hour bid to save a merger between Sprint Corp. and T-Mobile U.S. Inc. as the chances for a deal dwindle fast, according to people familiar with the matter.
Japan Times
BUSINESS / Companies
Oct 23, 2017
SoftBank is 'tech-focused' version of Berkshire Hathaway: Bernstein analysts
Is Masayoshi Son the next Warren Buffett?
Japan Times
BUSINESS
Oct 12, 2017
Uber, Ola's Indian legal woes put SoftBank's funding in firing line
An Indian taxi company has stepped up its legal challenge against local competitor Ola and U.S. rival Uber, alleging the firms are abusing their market position, and believes that planned investments in both by Japan's SoftBank underscore its view.
Japan Times
BUSINESS / Companies
Oct 3, 2017
Uber board seen pursuing reforms, SoftBank stock deal, and to pare ex-CEO's voting power
Uber Technologies Inc. directors plan to vote Tuesday on board reforms and whether to pursue a major stock deal with SoftBank Group Corp. despite the surprise appointment of two new members by ousted Chief Executive Officer Travis Kalanick, two people familiar with the matter said.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Japan’s cannabis market growing rapidly amid regulatory shift
The legality of products that contain cannabinoids, a group of substances derived from the cannabis plant, has been somewhat murky in Japan.
An AI star seeks to bring self-driving cars to Japan by 2030
Japanese startup Turing plans to unveil a self-driving car with at least 30 minutes’ driving range next year and develop a fully autonomous car by 2030.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
The story isn't over for Japan's bookstores
Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Tsukiji 2030s: A stadium, culinary center and transportation hub
A computer-generated image shows redevelopment plans for the former site of the Tsukiji fish market in Tokyo.
Hearing the impact of climate change in Okinawa, one bird call at a time
Toshihiro Kinjo (center), a research support technician at the Okinawa Institute of Science and Technology, inspects an audio recording device in Ginowan, Okinawa Prefecture, on April 3 as Masako Ogasawara, a research support specialist at OIST, looks on.
Japan’s cannabis market growing rapidly amid regulatory shift
The legality of products that contain cannabinoids, a group of substances derived from the cannabis plant, has been somewhat murky in Japan.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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