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SOFTBANK

Arm CEO Rene Haas rings the opening bell, as Softbank's Arm, a chip design firm, holds an initial public offering at Nasdaq MarketSite in New York on Thursday.
BUSINESS / Companies
Sep 15, 2023
Chip designer Arm soars 25% in IPO win for owner SoftBank
Shares in the chip designer, still 90% owned by SoftBank, closed at $63.59 in New York trading Thursday, giving it a market value of over $65 billion.
Arm U.S. headquarters in San Jose, California
BUSINESS / Companies
Sep 13, 2023
Arm’s CEO is pitching a made-for-you chip strategy ahead of IPO
The company is shifting its strategy, now focusing on doing complex design work on specific products, tailored for what it sees as key areas of growth.
An autonomous truck in Stack AV’s test fleet
BUSINESS / Companies
Sep 8, 2023
SoftBank backs autonomous trucking firm started by ex-Ford execs
The new firm, named Stack AV, is led by three executives who previously ran Argo AI, the self-driving operation that Ford and VW shut down last year.
Mizuho Financial Group has been expanding its presence in the United States to tap the world’s biggest fee pool, becoming one of the four global investment banks leading Arm's IPO.
BUSINESS / Companies
Sep 8, 2023
Mizuho's SoftBank ties boost Wall Street ambitions via Arm IPO
The bank has been expanding its presence in the U.S. to tap the world’s biggest fee pool, even as deals slump globally following the pandemic.
Arm Holdings kicked off its roadshow for initial public offering on Tuesday, disclosing that the proposed range would value it at between $48 billion and $52 billion.
BUSINESS / Companies
Sep 6, 2023
SoftBank's Arm launches IPO courting T Rowe in $52B valuation ask
T Rowe Price has been an anchor investor in some of the biggest stock market debuts.
A show of support from some of the tech industry’s biggest names will help bolster Arm's IPO, which is expected to raise $5 billion to $7 billion.
BUSINESS / Tech
Sep 2, 2023
SoftBank lines up Apple and Nvidia as strategic Arm IPO backers
The show of support from some of the tech industry’s biggest names will help bolster an IPO that is expected to raise $5 billion to $7 billion.
The initial public offering for Arm Holdings is set to be the biggest in the United States this year.
BUSINESS / Markets
Aug 22, 2023
SoftBank’s planned IPO for Arm set to be biggest of 2023
Arm didn’t disclose proposed terms for the share sale in the document, but it’s expected to seek a valuation of $60 billion to $70 billion.
SoftBank, which currently owns 75% of Arm, is in talks to acquire the 25% stake in the firm it does not directly own from Vision Fund 1, according to sources.
BUSINESS
Aug 14, 2023
SoftBank in talks to buy Vision Fund's 25% stake in Arm
The move would potentially deliver a win for investors who have waited years for strong returns.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023
SoftBank begins making investments again but ‘timidly with fear’
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023
Global tech stock rebound lifts SoftBank Vision Fund into profit
The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
Marines pitcher Atsuki Taneichi will try to help full the void left behind by Roki Sasaki.
BASEBALL / Japanese Baseball / NPB NOTEBOOK
Jul 28, 2023
Atsuki Taneichi set to step into spotlight in Roki Sasaki's absence
Taneichi is often overlooked because he pitches in the same rotation as Roki Sasaki, but the 24-year-old righty is a solid pitcher in his own right.
Japan Times
COMMENTARY / Japan
Jul 14, 2023
Rakuten is hanging on. It should consider hanging up
Rakuten is selling whatever it can to plug a hole in its finances caused by a misadventure into mobile.
Japan Times
BUSINESS
Jun 21, 2023
SoftBank’s Son goes back on offense to cement his tech legacy
The billionaire is ending years of relative dormancy after his Vision Fund, the world’s largest pool of tech capital, racked up billions of dollars of losses.
Japan Times
BUSINESS
May 24, 2023
S&P 'unreasonable,' says SoftBank, after tech giant's rating downgraded
SoftBank criticized the decision and argued that selling off assets like Alibaba in exchange for cash was clearly better for its balance sheet stability.
Japan Times
BUSINESS / Companies
May 23, 2023
SoftBank sells Fortress stake to Mubadala and management team
Mubadala will own 70% of the equity in Fortress, while Fortress management will hold a 30% equity interest and a class of equity entitling it to appoint a majority of seats on the board.
Japan Times
BUSINESS / Companies
May 18, 2023
SoftBank unit bringing Estonian self-driving buses to Japan
Tokyo-based Boldly plans to have self-driving buses operating in eight new areas in Japan this fiscal year to cater to rapidly aging communities.

Longform

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