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A five-point catch-up on some of the ups and downs, and ins and outs, among big movers in the Tokyo stock market:

  • Masayoshi Son has come to dominate Silicon Valley. Now his company is increasingly dominating Japan’s markets, with SoftBank Group rising to become the largest-weighted stock on the country’s Topix index, pulling ahead of Toyota Motor in what one analyst calls “a historic turning point.”
  • “We can offer a wider range of services, such as search engine, e-commerce and online financial operations, than those provided by GAFA … with our group’s total power.” That was Z Holdings’ CEO Takeshi Idezawa’s bold claim after announcing a merger that will bring Yahoo Japan and Line together under one roof, creating a Japan tech giant.
Yahoo Japan and Line merge to form tech giant | ARIRANG NEWS
Yahoo Japan and Line merge to form tech giant | ARIRANG NEWS

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