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November 30, 2024
 

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VISION

Japan Times
BUSINESS / Companies
Oct 1, 2019
SoftBank has a lesson for startups with WeWork coup: Your dreams had better be profitable
Masayoshi Son, long known as a free-spending benefactor who encouraged startup founders to pursue their dreams even if it meant losing billions of dollars, had a different message for entrepreneurs last month: Your dreams had better be profitable.
Japan Times
BUSINESS / Companies
Sep 17, 2019
SoftBank's biggest backers rethink role in next Vision Fund after bet on WeWork sours
The biggest backers of SoftBank Group Corp.'s gargantuan Vision Fund are reconsidering how much to commit to its next investment vehicle as an oversized bet on flexible workspace provider WeWork sours.
Japan Times
BUSINESS
Aug 15, 2019
SoftBank's massive Vision Fund bets on Swiss startup that's using concrete blocks as batteries
SoftBank Group Corp.'s massive Vision Fund is making its first-ever energy storage bet — and it's on a rather unconventional type of battery.
Japan Times
BUSINESS / Companies
Jul 29, 2019
SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft and Apple
SoftBank Group Corp. has secured pledges from Microsoft Corp. and other investors of around $108 billion for a second Vision Fund aimed at investing in technology firms.
Japan Times
BUSINESS
Jul 26, 2019
SoftBank to be top investor in $108 billion second Vision Fund, with CEO Son silent on Saudi role
The conglomerate aims to raise $108 billion for a second Vision Fund, replacing Saudi Arabia as the largest investor as its targets opportunities in cutting-edge technologies.
BUSINESS
Jul 3, 2019
SoftBank Vision Fund weighs backing Vaak's crime-busting tech
Vaak Inc., a Japanese start-up backed by SoftBank Group Corp., said that it is lining up a ¥2 billion ($18 million) cash injection in August and that the Vision Fund could provide further funding, as the company takes its violent crime prevention software global.
Japan Times
BUSINESS / Companies
May 13, 2019
Days after announcing tripling of profits, SoftBank market value slides $9 billion as Uber IPO flops
Last Thursday, as his company booked a $3.8 billion gain from its stake in Uber Technologies Inc., Masayoshi Son told SoftBank Group Corp. investors that their time had finally come. Instead, they're still waiting.
Japan Times
WORLD / Science & Health
May 10, 2019
Unique genetic adaptation lets deep-sea fish see color in darkness
While people and other vertebrates are color blind in dim light, some deep-sea fish may possess keen color vision to thrive in the near total darkness of their extreme environment thanks to a unique genetic adaptation, scientists said on Thursday.
Japan Times
BUSINESS / Companies
May 4, 2019
SoftBank said to be considering IPO for $100 billion Vision Fund
If pursued, an IPO would give investors in the fund a way to cash out part or all of their stakes.
Japan Times
BUSINESS / Companies
Apr 19, 2019
SoftBank, Toyota and Denso invest $1 billion to pump up Uber's self-driving unit ahead of IPO
The bet by the three-way Japanese consortium gives Advanced Technologies Group a valuation of $7.25 billion on the eve of its public offering.
Japan Times
BUSINESS / Tech
Apr 18, 2019
'Shooting for big game': Softbank's push for transport dominance
SoftBank Group Corp. leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc. turn into more than $13 billion when the company goes public next month.
Japan Times
BUSINESS / Companies
Apr 4, 2019
SoftBank to seek $15 billion more for huge Saudi-backed Vision Fund
For SoftBank Group Corp., $100 billion (¥11 trillion) isn't enough. The conglomerate, which has reshaped the technology startup landscape with its Saudi-backed Vision Fund, is in talks with investors to add as much as $15 billion more to its already massive fund, according to people familiar with the...
Japan Times
JAPAN / History / Heisei Icons
Feb 7, 2019
Masayoshi Son: Betting big and winning
There's a well-known anecdote about Masayoshi Son, the maverick billionaire founder and chief executive of SoftBank Group Corp. and the man behind the world's largest technology investment fund.
Japan Times
BUSINESS / Companies
Feb 4, 2019
SoftBank's giant debt burden looks worse than it actually is, analysts say
As SoftBank Group Corp. continues its transformation into a giant investment fund, some analysts are increasingly watching a metric more familiar to lenders as they judge its creditworthiness. And by that gauge, they say, its massive debt pile looks manageable.
Japan Times
BUSINESS / Companies
Jan 9, 2019
WeWork's backers and staff can cash out in $2 billion SoftBank deal
WeWork Cos. will let investors and employees sell shares to SoftBank Group Corp. as part of the conglomerate's $2 billion investment in the real estate and coworking startup, the companies said Tuesday. WeWork also announced that it would be rebranding itself as The We Company, though it hasn't legally...
Japan Times
BUSINESS
Nov 22, 2018
SoftBank to invest $2 billion in Coupang, S. Korea's largest online retailer
SoftBank Group Corp.'s Vision Fund will invest $2 billion in South Korea's Coupang, giving the e-commerce giant funds to accelerate development of new shopping and delivery services.
Japan Times
BUSINESS / Companies
Nov 14, 2018
SoftBank commits another $3 billion to WeWork
SoftBank Group Corp. is continuing to push money into one of its biggest investments: WeWork Cos.
Japan Times
BUSINESS / Companies
Oct 23, 2018
SoftBank CEO Masayoshi Son won't speak at Saudi investment conference: source
SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reuters.
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
Japan to overhaul tax exemption system for foreign visitors
The Ginza shopping district in Tokyo in August
Two dead after fire at Upper House lawmaker Kuniko Inoguchi’s apartment
A fire broke out on the sixth floor of an apartment building where Upper House lawmaker Kuniko Inoguchi resides on Wednesday in Tokyo's Bunkyo Ward.
Real-life ‘Tokyo Swindlers’ ordered to pay ¥1 billion in damages
High-rise buildings in Tokyo. Through faking documents and passports a criminal group conspired to pose as the owner of a real-estate plot and buildings in Tokyo's Shinagawa Ward in 2017, defrauding Sekisui House of ¥5.5 billion.
Real estate worth ¥25 trillion puts Japan companies in spotlight
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
Hiroshi Kurosaki looks beyond Japan for heart-wrenching drama
Hiroshi Kurosaki’s Netflix series “Beyond Goodbye” centers on a woman (Kasumi Arimura, left) who discovers her dead lover’s heart saved the life of a quiet pianist (Kentaro Sakaguchi).
Japan researchers develop a simple way to spot signs of Alzheimer's disease
In 2022, the number of elderly people with dementia in Japan reached 4.43 million, according to data from the health ministry.
‘What Divides Us’ producer honors grandfather’s Hiroshima reportage
“What Divides Us" producer Cannon Hersey says his grandfather, who wrote about the aftermath of nuclear destruction in Hiroshima, never spoke about what he had seen while working with Japanese minister Kiyoshi Tanimoto to preserve the stories of survivors.
DPP’s Tamaki leverages new position with energy proposal
DPP leader Yuichiro Tamaki in Tokyo on Tuesday
Bluesky is booming in Japan — mainly for reasons other than U.S. politics
According to Similarweb, average monthly user numbers for Bluesky on Android in Japan quintupled in the 12 months to October.

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