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The launch leverages SoftBanks long experience in bringing overseas technology to Japan but reflects the shift away from CEO Masayoshi Sons earlier focus on humanoid robots PositiveTOKYO SoftBanks robotics arm said on Monday it will bring a food service robot developed by Californiabased Bear Robotics to Japan as restaurants grapple with labour shortages and seek to ensure social distancing during the COVID19 pandemic http://www.reuters.com/places/japan/article/us-softbank-group-robotics/softbank-brings-food-service-robot-to-labour-strapped-japan-idUSKBN26J0B82020-09-28
The business has turned moneylosing under Sons watch with losses deepening in the AprilJune quarter NegativeTOKYO SoftBank Group Corp has broken with tradition by not disclosing operating profit in its earnings report saying it was not as a measure of investment performance and instead pointed to a Vision Fund gain of http://www.reuters.com/news/technology/article/us-softbank-group-results/softbank-drops-operating-profit-measure-points-to-first-quarter-vision-fund-gains-idUSKCN2570PK2020-08-11
Moreover the troubles have left Sons plans to raise a second megafund in tatters NeutralSoftBank Group Corp http://www.reuters.com/finance/article/us-softbank-group-vision-fund-focus/for-softbanks-son-coronavirus-turns-vision-to-illusion-idUSKCN2250B32020-04-23
Fund backers and SoftBank stakeholders including U.S. activist investor Elliott Management have called for a committee on the board to oversee Sons big investments the people said PositiveSoftBank Group Corp http://www.reuters.com/finance/article/us-softbank-group-vision-fund-focus/for-softbanks-son-coronavirus-turns-vision-to-illusion-idUSKCN2250B32020-04-23
Thats a wakeup call that investors are really Boodry said overriding Sons previous reticence to slim the portfolio NeutralTOKYO SoftBank Group Corp http://www.reuters.com/finance/dealshttps://www.reuters.com/article/us-softbank-group-buyback/softbank-plans-41-billion-of-asset-sales-to-expand-buyback-and-cut-debt-idUSKBN21A0F22020-03-24
Its plans to fund the initial 500 billion yen buyback with debt was received negatively by analysts and investors who were concerned by Sons willingness to leverage the company NegativeTOKYO SoftBank Group Corp http://www.reuters.com/finance/article/us-softbank-group-buyback/softbank-to-raise-41-billion-to-expand-share-buyback-cut-debt-idUSKBN21A0F22020-03-23
Thats a wakeup call that investors are really Boodry said overriding Sons previous reticence to sell down his portfolio NeutralTOKYO SoftBank Group Corp http://www.reuters.com/finance/article/us-softbank-group-buyback/softbank-to-raise-41-billion-to-expand-share-buyback-cut-debt-idUSKBN21A0F22020-03-23















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