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United Kingdom

Sam Nussey

SoftBank Corp shares top 1,500 yen IPO price for first time

09 Aug 2019

TOKYO Shares of SoftBank Corp , which listed in December in Japan's largest IPO, traded above their 1,500 yen (£11.6) IPO price on Friday for the first time, as investor sentiment warmed to the high-dividend stock.

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first

07 Aug 2019

TOKYO SoftBank Group Corp's second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its first $100 billion fund.

SoftBank Corp first-quarter profit climbs 4% as mobile user numbers grow

05 Aug 2019

TOKYO Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile users grew.

RPT-SoftBank to pump second Vision Fund with proceeds from the first -source

31 Jul 2019

TOKYO, July 30 SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source said, in a show of unflinching confidence in its huge tech bets commanding sky-high valuations when sold.

SoftBank to pump second Vision Fund with proceeds from the first: source

30 Jul 2019

TOKYO SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source said, in a show of unflinching confidence in its huge tech bets commanding sky-high valuations when sold.

Nintendo quarterly profit drops 10% ahead of Switch Lite launch

30 Jul 2019

TOKYO Japanese gaming company Nintendo Co Ltd on Tuesday reported a 10% decline in quarterly profit, far wide of market expectations, as a rise in costs dulled stronger sales of its hybrid home-portable Switch console.

SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple

26 Jul 2019

TOKYO SoftBank Group Corp has secured pledges from Microsoft Corp and other investors of around $108 billion (£86.8 billion) for a second Vision Fund aimed at investing in technology firms. | Video

Japan officials hunt for reasons behind fire that killed 34

22 Jul 2019

KYOTO, Japan Japanese officials groped on Monday for answers to why a blaze tore through an animation company, amid reports that smoke spread so fast a majority of victims who tried to flee through a rooftop door could not open it in time to escape. | Video

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