The Tokyo-based company said in a statement that such a listing is “one such option,” but no decision has been made to officially proceed with the IPO. SoftBank has been examining ways to unlock the value of its holdings and boost its share price. ( read original story ...)
SoftBank to IPO part of its mobile business: Report
SoftBank Group will list approximately one third of its Japanese mobile business, SoftBank Corp, Nikkei has reported. The publication said the conglomerate would raise up to 2 trillion yen from the IPO, and would also list the telco overseas to be able to ... ( read original story ...)
SoftBank eyes $18B IPO for its mobile business
The IPO would be one of Japan’s largest ever, with the 2 trillion yen SoftBank anticipates it will make coming close to the 2.2 trillion yen netted during the 1987 listing of Nippon Telegraph and Telephone Corp. In a statement on Monday, SoftBank refused ... ( read original story ...)
Japan, Bulgaria agree to boost cooperation on Japan-EU free trade deal
SOFIA (Kyodo) -- Japanese Prime Minister Shinzo Abe and his Bulgarian counterpart Boyko Borissov agreed Sunday to continue working together toward an early implementation of the Japan-EU free trade agreement as Sofia holds the EU's rotating presidency ... ( read original story ...)
Nikkei tracks global equity surge, but weak dollar caps gains
TOKYO, Jan 15 (Reuters) - Japan's Nikkei share average tracked a rise in global equities and advanced on Monday, although the dollar's weakening against the yen capped gains. At 0145 GMT, the Nikkei .N225 was up 0.3 percent at 23,728.69, on track to have ... ( read original story ...)
Semipublic fund to back Japan bid for Malaysia-Singapore rail line
TOKYO -- The government will help a Japanese corporate consortium win a bid for a high-speed rail project straddling Malaysia and Singapore, with plans to provide financial support through a public-private fund. The Malaysian and Singaporean governments ... ( read original story ...)
2018 Tokyo Auto Salon highlights
Click for more info. Wedged between Las Vegas’ CES expo and the Detroit auto show, Japan’s Tokyo Auto Salon is easy to miss in sea of automotive news. Blending bits of Summernats, SEMA and Fast and Furious, the TAS is unlike anything else on the ... ( read original story ...)
Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei
The parent will sell some 30 percent of SoftBank Corp. It plans to apply to the Tokyo Stock Exchange for the IPO as early as spring, which falls between March and May, and aims to debut the shares in Tokyo and elsewhere, possibly London, around autumn ... ( read original story ...)
Sora Aoi: Japan’s porn star who taught a Chinese generation about sex
The news spread to China, where Twitter is banned ... It seems paradoxical that Ms Aoi is widely adored by Chinese fans, given the tumultuous relations between China and Japan. There is longstanding bitterness in China over Japanese brutality during ... ( read original story ...)
Light earthquake, 4.7 mag strikes near Ishigaki in Japan
A light earthquake magnitude 4.7 (ml/mb) has occurred on Monday, 93 kilometers (58 miles) from Ishigaki in Japan. A tsunami warning has not been issued (Does not indicate if a tsunami actually did or will exist). Exact location of event, depth 10 km, 123 ... ( read original story ...)
Attar runs Houston Marathon, takes Saudi steps toward Tokyo
HOUSTON (AP) — Sarah Attar saw her run in the Houston Marathon as another step toward Tokyo. The 25-year-old Attar, who holds dual citizenship, was one of the first two women to compete in the Olympics under the Saudi Arabian flag when she went to the ... ( read original story ...)
Softbank plans $18 billion IPO of mobile phone unit as soon as spring – Nikkei
The parent will sell some 30 percent of SoftBank Corp, aiming to debut the shares on the Tokyo Stock Exchange and elsewhere, possibly London, around autumn, the newspaper said, without citing any sources for the information. The IPO would rival the 2.2 ... ( read original story ...)
Bulgaria pledges opportunities for Japanese firms in Balkans
SOFIA, Bulgaria — Japanese Prime Minister Shinzo Abe and Bulgarian Prime Minister Boiko Borisov are promising to create opportunities for Japanese businesses in the Balkans. Abe is on a six-country European tour that makes him the first Japanese prime ... ( read original story ...)
Memories of Osaka
These memories reminded us of how lasting the love of our parents is, as exemplified when Mama Mila and Papa Ting brought us to Osaka when we were kids to educate us about the beauty and value of pearls. After all, our jewelry business started in 1966 when ... ( read original story ...)
SoftBank eyes $18bn IPO for mobile unit
It seeks to gather funds from overseas investors as well due to the massive size of the IPO, which could rival the record 2.2 trillion yen that Nippon Telegraph and Telephone raised in 1987. SoftBank Group expanded in Japan with telecommunications as its ... ( read original story ...)
Japan Post chief sees bright future beyond mail services
“The IPO was indeed a great step for us — like a ship departing from a harbor to embark on an ocean voyage,” Nagato, 69, said during a recent interview with The Japan Times at the postal giant’s headquarters in Tokyo’s Kasumigaseki distric ( read original story ...)