Tag - softbank

 
 

SOFTBANK

Japan Times
BUSINESS / Companies
Aug 25, 2022
Nidec’s COO to resign after being sidelined by founder Shigenobu Nagamori
The move underscores the Japanese company's struggles to put a succession plan for its aging founder in place.
Japan Times
BUSINESS / Companies
Aug 16, 2022
KDDI outage spurs action in Japan over emergency communication system
Discussions on a backup system are ramping up, but there are disagreements between carriers about what the scope of the service should be.
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
Aug 10, 2022
Fair Trade Commission to probe Japanese mobile carriers over '¥1 smartphone'
Subject to the investigation are the country's four major mobile phone carriers — NTT Docomo, KDDI, SoftBank and Rakuten Mobile — and their outlets.
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 15, 2022
SoftBank-backed cancer detection startup may go public as soon as 2023
AI Medical Service Inc. develops software to scan endoscopy images and identify potential cancers.
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 / Tech
Jul 6, 2022
Japan's forestry industry tests robots to address labor shortage
If successful, it could increase reforestation in the country and help Japan achieve its carbon neutrality goals.
Japan Times
COMMENTARY / Japan
Jun 29, 2022
The eternal optimism of Masayoshi Son
The SoftBank founder sees an upside to almost every trouble the conglomerate has faced over the past year, from slumping share prices to failed mergers.

Longform

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