Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS / Companies
May 23, 2023
SoftBank sells Fortress stake to Mubadala and management team
Mubadala will own 70% of the equity in Fortress, while Fortress management will hold a 30% equity interest and a class of equity entitling it to appoint a majority of seats on the board.
Japan Times
BUSINESS / Companies
May 18, 2023
SoftBank unit bringing Estonian self-driving buses to Japan
Tokyo-based Boldly plans to have self-driving buses operating in eight new areas in Japan this fiscal year to cater to rapidly aging communities.
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
BUSINESS
Apr 14, 2023
Xi pivot fails to stop exodus by big investors in China tech
Two pioneering financiers of China’s private sector — including SoftBank — have signaled in recent days their intentions to continue pulling back from marquee investments in the country.
Japan Times
BUSINESS / Companies
Apr 13, 2023
SoftBank aims to sell majority of its stake in Alibaba, report says
SoftBank has sold more than $7 billion (¥931.6 billion) in Alibaba shares this year through prepaid forward contracts, after selling $29 billion last year, according to the Financial Times.
Japan Times
BUSINESS / Companies
Mar 30, 2023
Alibaba outlines plan for company split to 'unleash productivity'
Each unit will function as an independently operating company that could go to the market to seek financing or launch an initial public offering.
BASEBALL / Japanese Baseball
Mar 29, 2023
Hawks load up to chase Buffaloes for 2023 Pacific League pennant
Orix retained most of the squad that helped it defend its PL title, but the Kyocera Dome residents will have to fend off plenty of challenges.
BUSINESS / Markets
Mar 16, 2023
From Credit Suisse to Silicon Valley Bank, lenders' woes abroad rattle Asian markets
In Tokyo, shares in mega-banks, the Nikkei average and the broader Topix were all down Thursday amid fears of a banking crisis.
Japan Times
BUSINESS
Mar 15, 2023
SVB blowout may drive SoftBank shares below Son’s pain point and trigger buyback
Silicon Valley Bank's failure has fueled investor concern over the exposure of startup firms in the SoftBank Vision Funds.
Japan Times
BUSINESS / Companies
Mar 7, 2023
SoftBank's Arm likely aiming to raise at least $8 billion in U.S. IPO
Arm is expected to confidentially submit paperwork for its initial public offering in late April, two sources said, speaking on condition of anonymity.
Japan Times
BUSINESS / FOCUS
Mar 4, 2023
London’s investment appeal is unraveling as Arm heads to the U.S.
The trend is ominous for flagging initial public offerings in the U.K. and also sets back efforts to transform what is widely perceived to be a dinosaur equity market.
Japan Times
BUSINESS / Companies
Mar 3, 2023
SoftBank's Arm rebuffs London by choosing U.S. listing
The firm did not rule out an eventual London listing, saying it intended to consider a subsequent initial public offering there in due course, without providing further details.
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 8, 2023
All eyes on where SoftBank-backed Arm will be listed
Despite a dip in profitability for other prominent chipmakers amid a global slowdown, Arm has shown strong growth over the past four quarters.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.