Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS
Dec 14, 2022
With move to Japan, Jack Ma continues long-running link
The Alibaba Group co-founder's history with the country stems from his close business and personal ties with SoftBank Group CEO Masayoshi Son.
Japan Times
COMMENTARY / World
Dec 14, 2022
A SoftBank buyout would look more like Musk than Dell
Rumors persist that SoftBank founder Masayoshi Son wants his company to go private. It's a good idea, if he can afford it.
Japan Times
BUSINESS / Companies
Dec 8, 2022
SoftBank’s Masayoshi Son quietly lifts stake to 34%, edging toward buyout
The billionaire now owns more than a third of the company he founded, after aggressive buybacks in the last two months.
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
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
COMMENTARY / Japan
Nov 9, 2022
Breaking Japan’s cash habit by nudging wage earners
The Japanese government plans to pay workers directly into digital wallets to move them off cash and into virtual payments.
Japan Times
BUSINESS / Companies
Nov 9, 2022
SoftBank buyback spree sparks speculation that Masayoshi Son plans buyout
SoftBank Group has accelerated the pace of its share buybacks, reigniting speculation that founder Masayoshi Son is laying the groundwork to take the company private.
Japan Times
BUSINESS
Nov 5, 2022
SoftBank’s rally draws skeptics as tech stocks slump
Shares of the firm founded by Masayoshi Son rose this week to their highest in almost a year, thanks to cost-cutting efforts and a u00a51 trillion ($6.8 billion) share buyback program.
Japan Times
COMMENTARY / Japan
Oct 13, 2022
Struggling Rakuten may need to phone a friend for help with mobile bet
Hiroshi Mikitani isn't as rich as he used to be — and is losing money rapidly on his bet on mobile. The smart play may be to find a partner with deeper pockets.
Japan Times
BUSINESS / Companies
Sep 30, 2022
SoftBank sells entire stake in troubled Swedish cloud firm Sinch
Sinch has fallen 93% from a peak in September last year following a string of disappointing earnings reports.
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 / Companies
Sep 16, 2022
Banker who brought Goldman clout to SoftBank starts venture bets
Before his abrupt departure from SoftBank Group last year, Katsunori Sago was seen as a potential successor to Masayoshi Son. He's now charting his own course in startup investments.
Japan Times
BUSINESS / Companies
Sep 2, 2022
SoftBank could be planning Vision Fund staff cuts of at least 20%
Executives are still debating how extensive the cuts should be, with some calling for cuts as high as 50%, according to one source.
BUSINESS / Companies
Aug 25, 2022
Nidec’s COO to resign after being sidelined by founder Shigenobu Nagamori
The move underscores the Japanese company's struggles to put a succession plan for its aging founder in place.
BUSINESS / Companies
Aug 16, 2022
KDDI outage spurs action in Japan over emergency communication system
Discussions on a backup system are ramping up, but there are disagreements between carriers about what the scope of the service should be.
Japan Times
BUSINESS / Companies
Aug 12, 2022
Masayoshi Son is now down $4 billion on his SoftBank side deals
Son took the unusual step of establishing personal stakes in a series of SoftBank ventures in recent years, a mixing of company and executive interests that drew the ire of investors.
Japan Times
BUSINESS / Companies
Aug 11, 2022
SoftBank gives up a third of Alibaba stake for $34 billion amid mounting losses
Record losses on sliding tech valuations has raised concern over SoftBank's own financial stability, prompting founder Masayoshi Son to accelerate asset sales.
Japan Times
BUSINESS
Aug 10, 2022
Fair Trade Commission to probe Japanese mobile carriers over '¥1 smartphone'
Subject to the investigation are the country's four major mobile phone carriers — NTT Docomo, KDDI, SoftBank and Rakuten Mobile — and their outlets.
Japan Times
BUSINESS / Companies
Aug 10, 2022
SoftBank steps up asset sales from sinking portfolio
The Vision Fund exited a swathe of assets in the second quarter — including ridehailer Uber Technologies and property platform Opendoor Technologies — for a realized gain of $5.6 billion
Japan Times
BUSINESS / Companies
Aug 8, 2022
SoftBank CEO pledges sweeping cost cuts after $23.4 billion loss
Low tech valuations have been draining SoftBank's ability to turn public listings of its portfolio companies into liquidity to fuel further big bets.

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