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

SoftBank hedges bet on mobile with Yahoo deal

Investment giant looks to diversify carrier unit as profit outlook dims

SoftBank Corp. President Ken Miyauchi, left, shakes hands with Yahoo Japan President Kentaro Kawabe after the May 8 announcement of a deal to make Yahoo a consolidated subsidiary. (Photo by Toshiki Sasazu)
TAKAFUMI HOTTA and RYO IGAWA, Nikkei staff writers | Japan

TOKYO -- SoftBank Group's plan to essentially transfer its Yahoo Japan stake to mobile unit SoftBank Corp. aims to help the cash cow subsidiary reduce dependence on a telecom industry now facing headwinds that threaten to knock the conglomerate's growth strategy off course.

Read Next

Sponsored Content

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

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

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close