Sam Nussey
Stories by Sam Nussey
Japan’s Rakuten Group to start preparing for bank unit IPO
The planned listing will allow Rakuten Bank to make swift management decisions and take various growth and financial strategies.
Japan’s SoftBank pauses China investing as crackdown roils portfolio
Investments in China make up about a quarter of its portfolio.
SoftBank’s Vision Fund posts $2b profit in Q1, share weakness casts shadow
More than two-thirds of the portfolio of the first $100 billion Vision Fund is listed or exited.
SoftBank’s 2014 predictions of a new personal robot era now seem overly optimistic
The Pepper robot is clinging to life, with production shuttered and units with out-of-date components.
SoftBank pays $1.6b to secure Yahoo Japan rights
In contrast to the retreat of Yahoo in the US, the brand remains a core part of SoftBank's domestic internet business.
Japan’s SoftBank shrinks robotics business, stops Pepper production
Pepper was meant to help plug labour shortages but struggled to find a global customer base.
A third of SoftBank shareholders oppose appointment of lawyer Ken Siegel to board
There has been criticism that SoftBank's board lacks voices that can stand up to Son.
Panasonic sells entire stake in Tesla for $3.6b
Panasonic is seeking to reduce its dependence on Tesla and raise cash for investing in growth.
Bain-controlled Japan’s memory chip-maker Kioxia aims for Sept IPO
Toshiba, which is embroiled in a corporate governance scandal, has a 40.6% stake in the firm.
Share buybacks remain an option for SoftBank, says Masayoshi Son
Buybacks would increase Son's own shareholding and make any management buyout easier to achieve.
