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July 28, 2024
 

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SOFTBANK

Japan Times
BUSINESS
Jan 26, 2022
Nvidia quietly prepares to abandon $40 billion bid for SoftBank's Arm
The purchase — poised to become the biggest chip deal ever when it was announced in 2020 — has drawn a fierce backlash from regulators and the chip industry.
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 Times
BASEBALL / Japanese Baseball
Jan 23, 2022
NPB home run king Wladimir Balentien announces retirement
The Curacao native rewrote the NPB record book in 2013 with 60 home runs to surpass the previous single-season mark of 55, originally set by Yomiuri Giants legend Sadaharu Oh in 1964.
Japan Times
BUSINESS / Companies
Jan 7, 2022
Record bond sale from SoftBank to test demand after risks surged
SoftBank has been the single-biggest issuer in the Japanese corporate bond market in the past decade, raising more than u00a56 trillion from investors.
Japan Times
BUSINESS / Tech
Dec 21, 2021
What happens when Instagram success meets a market meltdown
THG became a billion-dollar company through makeup and supplements that were wildly popular on social media. The good times didn't last.
Japan Times
MORE SPORTS
Dec 18, 2021
Japanese esports players hone skills with top South Korean team
Riki Sameshima said that compared with esports worldwide, he feels awareness of esports in Japan is still relatively limited.
Japan Times
BASEBALL / Japanese Baseball
Dec 17, 2021
Hawks' Yuki Yanagita becomes highest-paid position player in NPB history
The 33-year-old hit .300 with 28 homers and 80 RBIs in 141 games in 2021 and was also a member of Japan's gold-winning Olympic baseball team.
Japan Times
BUSINESS / Companies
Dec 8, 2021
SoftBank wants to sell a quarter of the $2.2 billion WeWork rescue debt
WeWork continues to be unprofitable, and the omicron variant of the coronavirus could further weigh on its future results.
Japan Times
BUSINESS / Companies
Dec 6, 2021
SoftBank slumps 9% after week of bad portfolio news
Shares fell to u00a55,057 — the biggest intraday drop since March 2020 and part of its worst annual decline since 2006.
Japan Times
BUSINESS
Dec 3, 2021
SoftBank poised to lose $74 billion payday if Arm deal is halted
The best alternative may be an IPO for the Arm business — but that is likely to value the company at far less than Nvidia's offer.
Japan Times
BASEBALL / Japanese Baseball
Dec 1, 2021
SoftBank's record-holding closer Dennis Sarfate retires
The 40-year-old right-hander, who is fifth all-time in NPB with 234 career saves, had not pitched for the Pacific League club's first team since undergoing right groin surgery in April 2018.
Japan Times
BUSINESS
Nov 30, 2021
SoftBank-backed Snapdeal targets $250 Million IPO in 2022
The e-commerce startup co-founded by Wharton alumnus Kunal Bahl in 2010 focuses on the less-affluent and less tech-savvy bulk of the population living outside India's biggest cities.
Japan Times
BUSINESS / Tech
Nov 26, 2021
Honda turns to AI-powered tech to make roads safer
Honda's AI-powered driver assistance technology — unveiled Thursday in what the firm says is a world first — checks a driver's movements and health using a monitoring camera and sensors.
Japan Times
BUSINESS / Companies
Nov 25, 2021
SoftBank’s Masayoshi Son bets on narcolepsy drug for sleep-deprived Japan
The proportion of people sleeping less than the recommended eight hours is rising globally, and costs Japan as much as $138 billion in economic losses each year, according to Rand Corp.
Japan Times
BUSINESS
Nov 23, 2021
SoftBank-backed crypto firm in Brazil eyes multiple acquisitions
The SoftBank Latin America Fund announced a $200 million investment in Sao Paulo-based 2TM in July, valuing the company at $2.1 billion — the first crypto unicorn in the region.
Japan Times
BUSINESS / Companies
Nov 13, 2021
SoftBank can invest $5 billion to $10 billion in Indian startups in 2022
SoftBank is planning to raise the stakes in India — having invested $3 billion in 2021 — just as global firms grow more wary of bets in China with tighter regulations hurting deals there.
Japan Times
BUSINESS / Companies
Nov 10, 2021
SoftBank’s ¥1 trillion buyback joy could prove to be short-lived
History indicates that repurchases need to keep coming for any gains to be sustained.
Japan Times
BUSINESS / Companies
Nov 8, 2021
SoftBank Vision Fund posts a record loss as Coupang shares fall
The plunging value of some investments and a tech sector crackdown by Chinese regulators have pushed the business into the red.
Japan Times
BUSINESS / Companies
Nov 2, 2021
Unable to tap its talents, SoftBank considers sale of Fortress Investment Group
The Japanese giant acquired the U.S. asset manager for $3 billion four years ago, but sources say SoftBank couldn't mesh the New York firm's operations with its own.
Japan Times
BUSINESS / Companies
Oct 27, 2021
Japan's top mobile carriers scrap exit fees on legacy contracts after ministry scrutiny
From October 2019, a revised law required the firms to cut such fees to u00a51,000 or under, but they kept charging for contracts inked before the rule went into force.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

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

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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