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SoftBank

SoftBank CFO sticks to $41bn asset sale plan despite coronavirus

Yoshimitsu Goto says investors would rather Son have bigger stake, not smaller

SoftBank Group CFO Yoshimitsu Goto says the company is committed to its original one-year deadline for selling off some $41 billioin in assets. (Nikkei Montage/ Source photo by Jun Takai)
KENJI KAWASE, Nikkei Asian Review chief business news correspondent | Japan

TOKYO -- SoftBank Group is determined to push ahead with its 4.5 trillion yen ($41 billion) asset sale program as originally planned despite the coronavirus wreaking havoc on markets and Prime Minister Shinzo Abe this week declaring the first state of emergency in Japan's postwar history.

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