Latest SoftBank Group Corp News

Japan's SoftBank Group trims investment losses but remains in red for fiscal year

May. 13, 2024 05:21 AM EDT

TOKYO (AP) — SoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese technology company said Monday. Annual sales at Tokyo-based SoftBank Group Corp. rose...

Japanese game maker Sega Sammy sells resort to US fund

May. 10, 2024 01:17 AM EDT

TOKYO (AP) — Sega Sammy is selling its resort complex Seagaia to Fortress Investment Group of the U.S., the Japanese entertainment company said Friday. Tokyo-based Sega Sammy Holdings, the company behind the “Sonic the Hedgehog” video games, said it will sell all its shares in...

Japan's Nikkei stock index breaks its 1989 record and surges to an all-time high

Feb. 22, 2024 06:39 AM EST

Japan’s benchmark Nikkei 225 index surged Thursday past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth. The index closed Thursday at 39,098.68, up 2.2%. Its previous record was 38,915.87, set on Dec. 29, 1989. So now it is back...