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May 06, 2024
 

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SON

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 / 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.
Japan Times
BUSINESS / Companies
Aug 5, 2022
SoftBank talent drain worsens, adding pressure on Masayoshi Son to deliver
Two more managing partners at the company's Vision Fund are leaving, bringing the number of top level departures from the world's largest investment fund to at least 10 since March of 2020.
Japan Times
BUSINESS / Companies
Jul 19, 2022
SoftBank pauses talks for Arm London listing on U.K. political turmoil
SoftBank founder Masayoshi Son has repeatedly said his primary focus is to take Arm public in the U.S. because of its deep investor base and attractive valuations.
Japan Times
BUSINESS / Companies
Jul 7, 2022
SoftBank’s Rajeev Misra to step back to launch new fund
A key lieutenant of SoftBank's founder Masayoshi Son, Misra will retain a senior position with the group's first $100 billion Vision Fund, but relinquish other roles, sources said.
Japan Times
BUSINESS / Companies
Jun 24, 2022
SoftBank Vision Fund’s fourth Japan investment is a legal tech bet
LegalForce, which uses AI to screen contracts for loopholes and potential legal risks, said it will use the funds on research and on expanding its sales team to win new customers.
Japan Times
BUSINESS / Companies
Jun 23, 2022
SoftBank’s Son faces shareholders shaken by ¥4.6 trillion loss
With SoftBank's own financial health on the line, shareholder confidence is near a breaking point, some analysts have said.
Japan Times
BUSINESS / Companies
Jun 22, 2022
SoftBank Group International CEO to leave after five months on job
The exit of Michel Combes, who will close a five-year career at SoftBank, adds to a string of key departures in recent months.
Japan Times
ASIA PACIFIC
Jun 11, 2022
North Korea promotes nuclear envoy as Kim vows 'power for power' military
Choe Son Hui, long a key member of Pyongyang's team negotiating over its nuclear program with the United States, was named foreign minister, state news agency KCNA said.
Japan Times
BUSINESS
Jun 1, 2022
Uniqlo chief regains top spot on Japan's rich list, despite sharp drop in wealth
Tadashi Yanai, founder and president of Fast Retailing, has seen his wealth fall by 44% to $23.6 billion.
Japan Times
BUSINESS / Companies
May 30, 2022
SoftBank executive pay slashed after historic Vision Fund loss
SoftBank founder and CEO Masayoshi Son kept his pay unchanged at u00a5100 million, but four of the top six executives at the firm saw their compensation cut.
Japan Times
BUSINESS / Companies
May 11, 2022
SoftBank faces record loss as Masayoshi Son’s bets tumble again
The world's largest tech fund is estimated to have lost about $18.6 billion on its public portfolio alone during the quarter that ended March 31.
Japan Times
COMMENTARY / Japan
Apr 29, 2022
Japan’s aging billionaires think they are indispensable. That’s a problem.
Japan's aging and hard-working corporate founders don't know when to walk away.
Japan Times
CULTURE / Film
Apr 14, 2022
‘Tombi: Father and Son’: Showa nostalgia misses the mark
Takahisa Zeze's decades-spanning family drama is sentimental and unintentionally silly.
Japan Times
BUSINESS / Companies
Mar 25, 2022
SoftBank is seeking at least $60 billion in Arm IPO
Valuing Arm at more than $60 billion is a gambit for SoftBank CEO Masayoshi Son, who acquired the business in 2016 for about $32 billion.
Japan Times
BUSINESS / Companies
Mar 16, 2022
SoftBank founder Masayoshi Son loses $25 billion in tech’s brutal winter
From China's tech crackdown to Russia's invasion of Ukraine, a litany of troubles has beset Son and his conglomerate.
Japan Times
BUSINESS / Companies
Jan 28, 2022
Top SoftBank executive set to leave after seeking $1 billion in compensation
Marcelo Claure, who was SoftBank's second-highest paid executive in the latest financial year, has often pushed for much more money and authority, putting him at odds with Masayoshi Son.
Japan Times
BUSINESS / Companies
Jan 24, 2022
SoftBank to expand Vision Fund team for more Japan investment
To date only two of Masayoshi Son's investments have been in domestic startups.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
Japan’s record-low children population weighs on growth
The number of children 14 years old or younger fell for the 43rd straight year to around 14.01 million as of April 1.
Biden calls ally Japan ‘xenophobic’ along with rivals China and Russia
U.S. President Joe Biden speaks in Syracuse, New York, on April 25.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.

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