A report in the Nikkei Asian Review claimed the listing would be one of the largest IPOs for a Japanese company, bringing in as much as some 2 trillion yen (£13bn). It said Softbank plans to apply to the Tokyo Stock Exchange as early as the spring with an ... ( read original story ...)
SoftBank plans IPO of mobile unit this year
SoftBank, the Japanese telecom company that owns 80% of US carrier Sprint, is considering an IPO that would spin off the company's mobile phone unit. A spin-off - potentially the biggest IPO by a Japanese company in almost two decades - would give the unit ... ( read original story ...)
Softbank plans $18 billion IPO of mobile phone unit this year
SoftBank Corp., which now handles the group's telecom business, is one of Japan's three big mobile carriers along with NTT Docomo and KDDI. A spin-off - potentially the biggest IPO by a Japanese company in almost two decades - would also give the unit more ... ( read original story ...)
SoftBank confirms it is looking at IPO option after report of $18bn float
It’s hoping for an overseas debut at the same time, possibly in London." It would be the largest ever IPO in Japan, said the Nikkei report. It added that the group "intends sell about 30% of the outstanding shares in its subsidiary to investors ... ( read original story ...)
Nikkei rises but weaker dollar caps gains, SoftBank climbs
Of Tokyo's 33 subindexes, 23 were in positive territory, led by securities and real estate. TOKYO: 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. ( read original story ...)
Japan convenience store chains finding new growth in China’s heartland
CHONGQING/TOKYO -- Japanese convenience store operators who set up shop in China's coastal cities are broadening their inland footprints in a bid to capitalize on economic growth there. At the end of last year, Lawson opened an outlet on the campus of ... ( read original story ...)
Nikkei rises but weaker dollar caps gains
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. The Nikkei ended 0.26 per cent higher at 23,714.88 for its first session of gains in four days. Index ... ( read original story ...)
Tsukiji move delay clouds Tokyo waterfront plans
But that plan did not work out, due to the cancellation of the 1996 World City Expo in Tokyo, which was expected to jump start the plan. High-rise condo construction in the area subsequently took off, and it shifted from being a business district to a ... ( read original story ...)
Softbank Mulls $18 billion IPO Of Mobile Phone Business: Report
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 ...)
Hong Kong stocks hit new milestone, Nikkei rises despite stronger yen
This was the largest increase over this time frame since the firm began tracking this data in 1996. In Japan, the Nikkei Stock Average NIK, +0.30% rose 0.2% as some large financial companies continued to benefit from higher bond yields. Stock benchmarks ... ( read original story ...)
Tokyo stocks close higher, SoftBank jumps on listing hopes
Tokyo stocks closed higher on Monday, supported by record closes on Wall Street, while SoftBank jumped more than three percent after it said it was considering listing its mobile unit. The benchmark Nikkei 225 index gained 0.26 percent, or 61.06 points, to ... ( read original story ...)
Yokohama Tire Sponsoring GenRight Off Road Race Team
First race is King of Hammers. (Photo: Yokohama) Yokohama Tire has announced it is teaming up with GenRight Off Road to compete in the 2018 Ultra4 series. Simi Valley, CA-based GenRight, makers of innovative Jeep parts and accessories, will compete on ... ( read original story ...)
Socceroos keeper Mitch Langerak joins Japanese club Nagoya Grampus in hunt for World Cup shirt
Nagoya Grampus has paid $2.5 million for Langerak, 29, after a short-lived stint in Spain with Levante. The move ends a European stint of almost eight years for Langerak, which included silverware with Borussia Dortmund and promotion with Vfb Stuttgart ... ( read original story ...)
SoftBank plans IPO of mobile unit this year: report
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 ...)