Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company's annual general meeting in Tokyo, Japan, on Friday, June 20, 2024. Son sketched out ambitions to help create AI thousands of times smarter than any human, making his most grandiose pronouncements since the Japanese conglomerate began taking steps to shore up its finances following a series of ill-timed startup bets. "But when it comes to ASI it's a totally different story. [With] ASI, you will see a big i ...

To help fund the deal and TravelPerk's broader expansion efforts, the company also raised $135 million in debt financing from private equity firms Blackstone and Blue Owl. AmTrav has long had data exchange arrangements in place with airline giants American Airlines and Southwest, he added. AmTrav, which operates in the same space as TravelPerk, will continue to operate under the same brand and its entire team will continue with the business. "Currently, the U.K. is our biggest market," Meir said in an inter ...

Elliott is lobbying for $15 billion worth of share buybacks, arguing that the buybacks will boost SoftBank's share price and "act as a sign of Son's confidence in his strategy," the Financial Times reported. SoftBank shares hit a high of 9,572 yen on Wednesday, 6.32% higher than its Tuesday closing price, according to LSEG data. The shares closed 4.6% higher at 9,420 yen on Wednesday. Elliott's stake was valued at more than $2 billion and the U.S. fund manager had been liaising with SoftBank's senior manage ...

In fact, last week saw reports that Microsoft and Amazon have already allocated $40-plus billion combined for AI-related and data center projects around the world this year. For Microsoft, that means plans to invest more than $16 billion in various countries, including France, Germany, Japan, Malaysia, Spain and Indonesia, The Wall Street Journal reported. At the same time, Amazon has set aside investments of $15 billion in Japan, $9 billion in Singapore, $5 billion in Mexico and $1.3 billion in France. Jap ...

Operator SoftBank Group Corp. (OTCPK:SFTBY) Q4 2024 Earnings Conference Call May 13, 2024 3:30 AM ET Yoshimitsu Goto - Board Director & CFO Navneet Govil - SB Investment Advisers, SB Global Advisers, CFO Jason Child - EVP and CFO, Arm Company Participants Conference Call Participants As I mentioned earlier, for the two consecutive quarters, we recorded a net profit and orange line shows gain or loss on investments. Of course, it goes ups and downs, but in general it's been stabilized and we want to have Cas ...

Yoshimitsu Goto - Board Director & Chief Financial Officer Conference Call Participants First of all, I would like to introduce today's participants. From left, we have Yoshimitsu Goto, Board Director and CFO; Kazuko Kimiwada, Corporate Officer, Senior Vice President and the Head of Accounting Unit; Navneet Govil, SB Investment Advisers, SB Global Advisers CFO; and Jason Child, Executive Vice President and CFO, ARM. Jason is attending through the Zoom. This announcement is live broadcast over Internet. Good ...

Financial management adaptable to both Defense and Offence Finance 26 Respond to Both Defense and Offence | --- | --- | --- | --- | |--------------------------|---------------------------------------------------|-------|-------| | | | | | | | Invest in the | | | | Defense | Information | | | | against further downside | Revolution while maintaining financial stability | | , | Finance 27 Capital Allocation Shareholders return* New investments Financial policy (Financial stability) Endeavor to strike a balanc ...

〓 SoftBank Earnings Results for the Fiscal Year ended March 31, 2023 May 11, 2023 Disclaimers This presentation provides relevant information about SoftBank Group Corp. ("SBG") and its subsidiaries (together with SBG, the "Company") and its affiliates (together with the Company, the "Group") and does not constitute or form any solicitation of investment including any offer to buy or subscribe for any securities in any jurisdiction. In addition, this material does not constitute an offer to sell, or a solici ...

SoftBank Group Corp. (OTCPK:SFTBY) Q4 2023 Earnings Conference Call May 11, 2023 3:30 AM ET Company Participants Yoshimitsu Goto - Board Director and Chief Financial Officer Kazuko Kimiwada - Senior Vice President and Head, Accounting Unit Navneet Govil - Chief Financial Officer and Member of Executive Committee, SB Global Advisors Conference Call Participants Eriko Wada - Nikkei Newspaper Kana Inagaki - Financial Times Operator Thank you very much for waiting everyone. Now we would like to start the SoftBa ...

SoftBank Group Corp. (OTCPK:SFTBY) Q3 2023 Earnings Conference Call February 7, 2023 2:30 AM ET Company Participants Yoshimitsu Goto - Board Director and CFO Kazuko Kimiwada - SVP, Head of Accounting Unit Navneet Govil - CFO, Member of the Executive Committee, SB Global Advisors. Conference Call Participants Eriko Wada - Nikkei Asia Takahiko Hyuga - Bloomberg Operator Thank you very much for waiting everyone. Now we would like to start SoftBank Group Corp. Earnings Results briefing for the Nine-Month period ...