ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business deals

Fashion first in line with Yahoo Japan's other billion dollar deal

Closing of Softbank-backed $3.6 billion Zozo merger has other pros and cons

From left, Yahoo Japan CEO Kentaro Kawabe, Zozo's new CEO Kotaro Sawada, and Zozo founder Yusaku Maezawa at a Tokyo news conference in September. (Photo by Ken Kobayashi)

TOKYO -- Two weeks ago, SoftBank CEO Masayoshi Son unveiled a group loss of $6.4 billion, pledged to be more careful but also promised "no change in policy" when it came to deal-making.

On Thursday, Son showed he was good to his word. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more