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

SoftBank's finances fine despite huge ARM price tag -- Son

SoftBank's chief executive Masayoshi Son explains first quarter earnings result in Tokyo on July 28.

TOKYO -- SoftBank Group's finances are in fine shape despite the company's decision to shell out $31 billion to buy U.K. chip designer ARM Holdings, CEO Masayoshi Son said Thursday.

He made the comments at a press conference after the Japanese internet and telecommunications conglomerate released its first earnings report since announcing the takeover -- the biggest in Japanese history -- earlier this month.

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