NET PROFIT OF SOFTBANK GROUP IN APRIL-DEC. PEIOD RISE OVER $29 BILLION

Highlights –

• Net profit of SoftBank Group in April-Dec. period rise over $29 billion.
• The massive increase was due to the stock valuation of its tech-company investments.
• The company’s sales in nine months through Dec. were 4.14...

SOFTBANK REPORTS A SURGE IN NET PROFIT BY $1.88 TRILLION IN THE FIRST HALF

Highlights –

• SoftBank reports a surge in net profit by $1.88 trillion in the first half.
• The company’s sales totaled 2.63 trillion yen in the six months to September.
• The company’s investment funds logged a profit of 1.34 ...

JAPAN’S SOFTBANK ROBOTICS UNVIELED A NEW FOOD SERVICE ROBOT

Highlights –

• Japan’s SoftBank Robotics unveiled a new food service robot.
• The new robot was designed to reduce the risk of coronavirus infections between staff and customers.
• SoftBank Robotics Group Corp. intends to rent the &l...

SOFTBANK TO SELL OFF ITS STAKE AT ARM LTD. TO U.S NVIDIA CORP AT $40 BILLION

Highlights –

• SoftBank to sell off its stake at Arm Ltd. to U.S Nvidia Corp. at $40 billion.
• SoftBank Group intends to recover from its recent investment losses by the sale.
• The sale is expected to be completed by around March 202...

SOFTBANK GROUP CORP. TO SELL PART OF ITS SHARES IN MOBILE TELECOMMUNICATION UNIT

Highlights –

• SoftBank Group Corp. to sell part of its shares in mobile telecommunication unit.
• The company plans on selling around 1.03 billion of its shares.
• The shares are worth about $13 billion.
• The offering price will...

SOFTBANK STARTUP OYO REDUCING OUTLETS IN JAPAN

HIGHLIGHTS

• Coronavirus pandemic is causing harm to tourism industry in Japan.
• Oyo Hotels is closing many of its regional outlets in Japan.
• Support from SoftBank is also not able to rescue Oyo from losses.

One of the larges...