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SFTBY News and Press, SoftBank Group Corp ADR From 07/12/23

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Company Name: SoftBank Group Corp ADR
Stock Symbol: SFTBY
Market: OTC

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SFTBY - SoftBank weighing a U.S. listing for PayPay unit - report

2023-07-12 09:30:46 ET SoftBank ( OTCPK:SFTBY ) ( OTCPK:SFTBF ) ( OTCPK:SOBKY ) is contemplating taking its PayPay business public through a U.S. listing, in what could add to the tech conglomerate's U.S. listings including a potential U.S. IPO of SoftBank's ARM chip design un...

SFTBY - Japan may regulate AI easier than Europe, closer to US view

2023-07-03 07:36:31 ET As the world grapples with how to deal with the rise of artificial intelligence, Japan may take a somewhat easier approach than other parts of the globe. The East Asian country is reportedly looking into taking an approach that would be easier than the Europea...

SFTBY - SoftBank Group Is Ready To Play Offense

2023-06-23 13:50:46 ET Summary SoftBank reported steady net sales of $42.79 billion and consolidated investment losses of $5.71 billion, with net asset value at $105 billion, falling back to 2016 levels. The company's worst-performing quarter was Q1 2022, but since then, its net i...

SFTBY - SoftBank Corp: A Cheaply Priced Bond Proxy

2023-06-11 21:41:21 ET Summary Softbank Corp may have missed the mark on its headline numbers. But the underlying telco business remains robust. The implied cash generation potential from the latest mid-term plan signals further upside to an already elevated shareholder return...

SFTBY - SoftBank Group: Significantly De-Risked And Positioned Well For The Future

2023-05-23 11:01:23 ET Summary SoftBank shares have fallen out of favor with investors and are well off their pandemic era highs. The company has massively de-risked their business over the past year and shares are trading well below their NAV. The company has focused on makin...

SFTBY - SoftBank exploring lending directly to technology firms - report

2023-05-23 10:33:18 ET SoftBank Group Corp. ( OTCPK:SFTBY ) ( OTCPK:SFTBF ) is exploring providing debt financing to technology firms in what would mark its first foray into the $1.5T private credit market, Bloomberg reported earlier this week, citing people with knowledge of the ma...

SFTBY - Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings

Yanolja Cloud Acquires Leading B2B Travel Solution Provider, Go Global Travel, Enhancing its Global Presence and Technology Solution Offerings PR Newswire Brings Yanolja Cloud extensive travel inventory of over 1 million products from 200 countries ...

SFTBY - SoftBank: Damage Limitation With AI And ARM IPO Prospects, But Wait

2023-05-15 07:52:42 ET Summary SoftBank Group Corp. is loss-making but has managed to enforce some damage limitations by shifting to "defense mode". Through its holdings, it has also initiated a Japanese ChatGPT project while its Vision Funds provide deep exposure to the AI market...

SFTBY - SoftBank Group Corp. (SFTBY) Q4 2023 Earnings Call Transcript

2023-05-12 02:45:04 ET SoftBank Group Corp. (SFTBY) Q4 2023 Earnings Conference Call May 11, 2023 03:30 ET Company Participants Yoshimitsu Goto - Board Director and Chief Financial Officer Kazuko Kimiwada - Senior Vice President and Head, Accounting Unit Navneet ...

SFTBY - SoftBank Group GAAP EPS of -¥662.41, revenue of ¥6570.44B

2023-05-11 04:06:16 ET SoftBank Group press release ( OTCPK:SFTBY ): FY GAAP EPS of -¥662.41. Revenue of ¥6570.44B (+5.6% Y/Y). The Company does not provide forecasts of consolidated results of operations as they are difficult to project due to numerous uncertai...

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