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November 22, 2024
 

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SOFTBANK

SoftBank CEO Masayoshi Son is a longtime investor in WeWork, sticking with the company throughout its many ups and downs.
BUSINESS / Companies
Feb 2, 2024
SoftBank swoops in to rescue WeWork Japan
The development comes just four months after the troubled coworking business — once valued at $47 billion — filed for bankruptcy in the U.S.
Driveline Pacific Rim director Frank Minamino (second from right) poses with Lions pitcher Kaito Yoza (left) Hawks pitcher Shuta Ishikawa (second from left) and the Lions' Kona Takahashi.
BASEBALL
Feb 2, 2024
NPB pitchers embracing Driveline Baseball method
NPB players are working with Driveline Baseball in greater numbers.
Alex Clavel, co-CEO at SoftBank Investment Advisers, won SoftBank Group CEO Masayoshi Son's trust as a steady hand managing and fixing SoftBank's complex or troubled transactions.
BUSINESS / Companies
Jan 12, 2024
Behind SoftBank’s investing cleanup, a U.S. dealmaker who survived the turmoil
Unassuming problem solver Alex Clavel is Masayoshi Son's top lieutenant leading the investment group's attempt at a turnaround.
SoftBank has agreed to buy a majority stake in Irish software developer Cubic Telecom for around €473 million.
BUSINESS / Companies
Dec 5, 2023
SoftBank buys majority stake in Irish car software developer
SoftBank will acquire 51% of Cubic Telecom, which provides a platform for automakers to update software functions in cars globally and in real time.
KDDI President Makoto Takahashi (left), SoftBank President Junichi Miyakawa (center) and Rakuten Mobile's Hiroshi Mikitani speak during a news conference in Tokyo on Monday.
BUSINESS / Companies
Dec 5, 2023
Prospect of NTT Law abolishment unclear amid fierce opposition
The idea was first proposed by a ruling Liberal Democratic Party panel to make the communications giant internationally competitive.
Monday's disruptions, which began around 8:30 a.m., affected SoftBank's "Otoku Line" and "Otoku Hikari Denwa" services in parts of eastern Japan.
BUSINESS / Companies
Nov 20, 2023
SoftBank's fixed-line phone services disrupted again
Disruption in parts of eastern Japan followed 14-hour outage over the weekend.
People use smartphones on the street in Tokyo in January 2019.
BUSINESS / Companies / FOCUS
Nov 20, 2023
The NTT Law — a guard against monopoly, or barrier to innovation?
Some say the law regulating the telecom giant stops it from competing against the likes of Google, but others say it contains vital market protections.
SoftBank Group booked a ¥789 billion quarterly loss as it took a hit from the bankruptcy of WeWork.
BUSINESS / Companies
Nov 9, 2023
SoftBank books ¥789 billion quarterly loss
SoftBank's loss marks its fourth straight quarter in the red as the tech giant struggles amid a weak yen.
SoftBank Group Chairman and Chief Executive Officer Masayoshi Son. Son's trust in his own intuition may have made him unwilling to heed red flags and opposition from his advisers regarding investments in WeWork.
BUSINESS / Companies
Nov 8, 2023
WeWork saga cost Masayoshi Son $11.5 billion and his credibility
WeWork's bankruptcy filing caps a yearslong saga that revealed breathtaking flaws in the Japanese billionaire's investment style.
WeWork sought U.S. bankruptcy protection on Monday.
BUSINESS / Companies
Nov 7, 2023
SoftBank's WeWork, once most valuable U.S. startup, goes bankrupt
The company reported estimated assets and liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.
A WeWork co-working space in New York
BUSINESS / Companies
Nov 5, 2023
WeWork's troubles darken outlook for embattled office market
Media reports suggest the New York-listed flexible workspace provider — once valued at $47 billion — may petition for bankruptcy next week.
Hawks starter Kohei Arihara pitches against the Marines in Game 2 during the first stage of the Pacific League Climax Series at Zozo Marine Stadium in Chiba on Sunday.
BASEBALL / Japanese Baseball
Oct 15, 2023
Hawks bounce back to even series against Marines
Kohei Arihara threw six innings of one-run ball and the Hawks backed him up with a few timely hits to extend their season.
The Marines' Roki Sasaki pitches against the Hawks in Game 1 of the PLCS First Stage at Zozo Marine Stadium in Chiba on Saturday.
BASEBALL
Oct 14, 2023
Marines too much for Hawks in Game 1 of Climax Series
The Marines can advance to the final stage against the PL champion Orix Buffaloes with a victory.
The BayStars' Shugo Maki addresses the crowd after the team's final home game of the regular season.
BASEBALL / Japanese Baseball / Sac Bunts
Oct 13, 2023
Third-place squads face long road to Japan Series
Only two teams have reached the Japan Series after finishing the regular season in third place.
Arm CEO Rene Haas participates in the opening bell ceremony at the Nasdaq exchange in New York on Sept. 14 as the chip design firm holds an initial public offering.
BUSINESS / Markets
Oct 6, 2023
SoftBank’s Arm faces Wall Street scrutiny after massive IPO
Arm Holdings raised $4.87 billion last month in the largest IPO on a U.S. exchange since November 2021.
The PayPay app now seeks to keep its pace of double-digit growth with help from other SoftBank portfolio companies.
BUSINESS / Tech
Oct 5, 2023
SoftBank’s PayPay app showcases Masayoshi Son’s clout in Japan
Seen to be next in SoftBank’s initial public offering pipeline, the startup now holds two-thirds’ share in QR-code payments in Japan.
Masayoshi Son, chairman and chief executive officer of SoftBank Group, speaks during the SoftBank World event in Tokyo on Wednesday.
BUSINESS / Companies
Oct 4, 2023
SoftBank’s Son tells Japan: Adopt AI or get left behind again
Japan, which largely missed the initial wave of growth from the internet, can’t afford to lose another three decades, SoftBank founder Masayoshi Son said.
SoftBank is targeting ¥120 billion in sales of the so-called bond-type class shares that will be listed on the Tokyo Stock Exchange.
BUSINESS / Companies
Sep 25, 2023
SoftBank to sell more than ¥120 billion of bond-type stock
The firm has tentatively offered a dividend rate from 2.5% to 3% for the first five years.
The Eagles' Hiroaki Shimauchi has helped key the team's second-half resurgence.
BASEBALL / Japanese Baseball / NPB NOTEBOOK
Sep 25, 2023
Pacific League playoff race set for frantic finish
Three Pacific League teams are fighting for two playoff spots as the season nears its conclusion.
Arm executives gather outside the Nasdaq Market site, as the chip design firm held an initial public offering in New York on Thursday.
BUSINESS / Tech
Sep 16, 2023
SoftBank's Arm ends down, a day after $65 billion Nasdaq debut
Some strategists said trading volatility in the stock may be tied to the limited number of publicly traded shares.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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