NEWSWORTHY

SoftBank's ¥2.4 trillion IPO reaches retail sales target

Business / Corporate Nov 29, 2018

SoftBank's ¥2.4 trillion IPO reaches retail sales target

SoftBank Group Corp.'s ¥2.4 trillion ($21 billion) initial public offering for its Japanese telecommunications unit has successfully secured sales for the bulk of its shares to individual investors, sources have said. The lead underwriters, which had set a target of about ¥2 trillion worth of ...

SoftBank commits another $3 billion to WeWork

Business / Corporate Nov 14, 2018

SoftBank commits another $3 billion to WeWork

SoftBank Group Corp. is continuing to push money into one of its biggest investments: WeWork Cos. The New York-based co-working company signed a $3 billion warrant with SoftBank, WeWork said Tuesday in a discussion of its third-quarter earnings. SoftBank agreed to pay $3 billion to ...

Editorials Nov 8, 2018

Make real cuts to cellphone charges

The carriers need to continue their efforts to improve their services while reducing the charges for consumers through more efficient operation and use of their resources.

Japan's pro sports clubs see investment boost ahead of 2020 Games

General Nov 8, 2018

Japan's pro sports clubs see investment boost ahead of 2020 Games

Japan's professional sports clubs are attracting a wave of investment, as a fitness club, clothing chain operators and entrepreneurs look to cash in on the sports world's potential ahead of the 2020 Games. At the training camp of J. League first division soccer side Shonan ...

SoftBank IPO seeks $18 billion from retail investors

Business / Corporate Nov 7, 2018

SoftBank IPO seeks $18 billion from retail investors

SoftBank Group Corp. is seeking to raise a record ¥2 trillion ($18 billion) from Japanese individuals in the initial public offering of its mobile phone unit, targeting investors who often get no interest on their savings, sources have said. Nomura Holdings Inc., a joint global ...