Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS / Companies
Sep 28, 2019
SoftBank plans to pull in former Sprint boss Marcelo Claure to help fix WeWork's problems
SoftBank Group Corp. is tapping Marcelo Claure to help turn around WeWork, after ousting co-founder and Chief Executive Officer Adam Neumann from the corner office last week.
BUSINESS
Sep 25, 2019
Bain taking bids for Japanese hot spring operator Oedo Onsen Monogatari
Bain Capital is collecting bids for Oedo Onsen Monogatari, operator of about 40 hot spring inns and resorts across Japan, with first-round proposals submitted by investment funds and SoftBank Group Corp., sources have said.
Japan Times
BUSINESS / Companies
Sep 23, 2019
SoftBank reportedly turns against WeWork's parent CEO, Adam Neumann
SoftBank Group, the biggest investor in WeWork owner We Co., is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing startup, according to four sources.
Japan Times
BUSINESS / Companies
Sep 17, 2019
SoftBank's biggest backers rethink role in next Vision Fund after bet on WeWork sours
The biggest backers of SoftBank Group Corp.'s gargantuan Vision Fund are reconsidering how much to commit to its next investment vehicle as an oversized bet on flexible workspace provider WeWork sours.
Japan Times
BUSINESS / Companies
Sep 12, 2019
Yahoo Japan clinches deal for majority stake in Zozo
The company offered u00a52,620 per share, a 21 percent premium on Zozo's closing price, sending its shares soaring Thursday.
Japan Times
BUSINESS / Companies
Sep 12, 2019
Gone in 146 seconds: Japan's investors race to buy SoftBank bonds
Monex Group Inc.'s online brokerage sold out ¥500 million ($4.6 million) of SoftBank Group Corp. bonds to individual Japanese investors in less than three minutes earlier this week, a sign of strong demand for the conglomerate's debt despite skepticism about some of the company's recent investments....
Japan Times
BUSINESS / Companies
Sep 12, 2019
Japan's mobile phone carriers to launch new iPhones on Sept. 20
Japan's three major mobile phone carriers are set to release the latest models of Apple Inc.'s popular iPhone series on Sept. 20.
Japan Times
BUSINESS / Companies
Sep 10, 2019
SoftBank is pushing WeWork to postpone its contentious IPO
Executives of WeWork and its largest investor, SoftBank, are discussing whether to shelve plans for an initial public offering of the money-losing co-working company, according to sources with knowledge of the talks.
BUSINESS / Tech
Aug 21, 2019
NTT Docomo reopens reservations for Huawei smartphones
Mobile phone carrier NTT Docomo Inc. on Wednesday restarted accepting orders for a new smartphone model made by Chinese telecommunications equipment maker Huawei Technologies Co.
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
Aug 15, 2019
SoftBank's massive Vision Fund bets on Swiss startup that's using concrete blocks as batteries
SoftBank Group Corp.'s massive Vision Fund is making its first-ever energy storage bet — and it's on a rather unconventional type of battery.
Japan Times
BUSINESS / Companies
Aug 6, 2019
SoftBank hires Nomura for up to ¥400 billion bond sale
SoftBank Group Corp. has tapped Nomura Holdings Inc. as lead manager for a domestic bond sale to raise as much as ¥400 billion in what could be one of the biggest in the Japanese corporate bond market, according to sources familiar with the matter.
BUSINESS
Aug 6, 2019
NTT Docomo, KDDI log lower profits in April-June
Major mobile phone carriers NTT Docomo Inc. and KDDI Corp. saw their consolidated net profits drop in April-June while rival SoftBank Corp.'s net profit rose in the fiscal first quarter.
Japan Times
BUSINESS / Companies
Aug 6, 2019
KDDI and SoftBank to sell Huawei smartphones
Mobile phone carriers KDDI Corp. and SoftBank Corp. has said that they will sell a new smartphone model made by Chinese telecommunications equipment maker Huawei Technologies Co.
BUSINESS / Companies
Aug 1, 2019
DiDi Mobility Japan starts taxi-hailing service in Aichi
DiDi Mobility Japan Corp. began offering its taxi-hailing service, used via smartphones, in Aichi Prefecture on Wednesday.
Japan Times
BUSINESS / Companies
Jul 29, 2019
SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft and Apple
SoftBank Group Corp. has secured pledges from Microsoft Corp. and other investors of around $108 billion for a second Vision Fund aimed at investing in technology firms.
BUSINESS / Companies
Jul 26, 2019
Askul fight escalates as CEO says he will try to force top shareholder Yahoo Japan to sell its stake
The CEO of the office supplies provider says he has the right to demand the sale and will hold a board meeting to vote on the issue.
Japan Times
BUSINESS
Jul 26, 2019
SoftBank to be top investor in $108 billion second Vision Fund, with CEO Son silent on Saudi role
The conglomerate aims to raise $108 billion for a second Vision Fund, replacing Saudi Arabia as the largest investor as its targets opportunities in cutting-edge technologies.
Japan Times
BUSINESS
Jul 12, 2019
Ford-VW alliance over electric vehicles seen upping pressure on other carmakers
A broader alliance expected between Ford Motor Co. and Volkswagen AG has the potential to transform the global automotive industry and increase pressure on other carmakers in areas including electric and autonomous vehicles, analysts said.
BUSINESS
Jul 3, 2019
SoftBank Vision Fund weighs backing Vaak's crime-busting tech
Vaak Inc., a Japanese start-up backed by SoftBank Group Corp., said that it is lining up a ¥2 billion ($18 million) cash injection in August and that the Vision Fund could provide further funding, as the company takes its violent crime prevention software global.

Longform

Figure skater Akiko Suzuki was once told her ideal weight should be 47 kilograms, a number she now admits she “naively believed.” This led to her have a relationship with food that resulted in her suffering from anorexia.
The silent battle Japanese athletes fight with weight