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Asia

SoftBank Group Raises 90 Billion Yen in Two-Tranche Bond Offering

SoftBank Group (TYO:9984) issued 90 billion yen in two tranches of unsecured bonds, with the proceeds to be used to redeem domestic bonds maturing on Sept. 11.The offering comprises 80 billion yen of three-year bonds with a 3.270% coupon and 10 billion yen of five-year bonds with a 3.886% coupon, according to a Wednesday filing with the Tokyo Stock Exchange.The three-year bonds mature on Aug. 3, 2029, while the five-year bonds mature on Aug. 4, 2031.

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Asia

Market Chatter: SoftBank Group Secures 21 Additional Lenders for $40 Billion OpenAI Bridge Loan

SoftBank Group (TYO:9984) secured 21 additional lenders for its $40 billion bridge loan facility for investment in the U.S.-based artificial intelligence company OpenAI, Bloomberg News reported Monday, citing people familiar with the matter.About $7 billion of the facility was assigned to the new lenders, including First Abu Dhabi Bank, GIC, and Standard Chartered Bank, which took a nearly $1 billion loan share each through syndication, the report said, citing the sources.The remaining $33 billion, held by the underwriters and senior lenders, could also be syndicated further, Bloomberg reported.SoftBank Group did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: SoftBank Group Mulls Acquiring Gravis Robotics

SoftBank Group (TYO:9984) is mulling acquiring Gravis Robotics in a deal that could value the Swiss technology startup at $500 million, Bloomberg News reported Friday, citing people familiar with the matter.The Japanese technology investor plans to hold the interest in the robotics firm in a new subsidiary, Roze, the report said.The transaction can be completed in several stages, including the acquisition of existing shares and injecting additional capital over time, the report said.SoftBank Group and Gravis Robotics did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: Seven & i, PayPay in Final Talks on 100 Million Customer Data Integration, 200 Billion Yen Investments

SoftBank-backed (TYO:9984) PayPay and Seven & i Holdings (TYO:3382) are in final talks to integrate their customer data, bringing together over 100 million customers, as part of a loyalty point ecosystem, Nikkei reported Thursday.Under the deal, data will be integrated after SoftBank and PayPay agree to individually invest about 100 billion yen each in Seven & i, and the transaction will strengthen Seven & i's digital payments business.Meanwhile, Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial (TYO:8316), is also considering participating, with an announcement possible as early as the end of this month.SoftBank, PayPay and Seven & i did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:9984
Asia

Update: Market Chatter: SoftBank-Backed InMobi Hires Banks for $1 Billion IPO

(Updates to add that Jefferies declined to comments)InMobi has appointed JPMorgan Chase, Jefferies Financial, Kotak Mahindra Bank (NSE:KOTAKBANK, BOM:500247) unit Kotak Mahindra Capital and Axis Capital as bookrunners for an initial public offering expected to raise about $1 billion, Bloomberg News reported Tuesday, citing people familiar with the matter.The SoftBank (TYO:9984)-backed Indian consumer technology company is expected to begin the IPO process later this week, targeting a valuation of $5 billion to $6 billion, the report said.InMobi is also relocating its domicile to India from Singapore ahead of the planned listing, although the plans remain subject to change, according to Bloomberg.Jefferies refused to comment on the matter while InMobi, JPMorgan, Kotak Mahindra Capital and Axis Capital did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

BOM:500247NSE:KOTAKBANKTYO:9984
Asia

Market Chatter: SoftBank-Backed InMobi Hires Banks for $1 Billion IPO

InMobi has appointed JPMorgan Chase, Jefferies Financial, Kotak Mahindra Bank (NSE:KOTAKBANK, BOM:500247) unit Kotak Mahindra Capital and Axis Capital as bookrunners for an initial public offering expected to raise about $1 billion, Bloomberg News reported Tuesday, citing people familiar with the matter.The SoftBank (TYO:9984)-backed Indian consumer technology company is expected to begin the IPO process later this week, targeting a valuation of $5 billion to $6 billion, the report said.InMobi is also relocating its domicile to India from Singapore ahead of the planned listing, although the plans remain subject to change, according to Bloomberg.InMobi, JPMorgan, Jefferies, Kotak Mahindra Capital and Axis Capital did not immediately respond to' requests for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

BOM:500247NSE:KOTAKBANKTYO:9984
Asia

Market Chatter: SoftBank Group Eyes 60 Billion Yen Bond Sale in July

SoftBank Group (TYO:9984) plans to sell about 60 billion yen worth of notes to institutional investors in Japan in July, proceeds from which are expected to be invested in AI-related expansions, Bloomberg News reported Friday.The bond offering comprises 50 billion yen of three-year notes and 10 billion yen of five-year notes, with pricing expected in the week of July 27, the news agency reported, citing lead manager Daiwa Securities (TYO:8601).Nomura Holdings (TYO:8604) subsidiary Nomura Securities and Sumitomo Mitsui Financial Group (TYO:8316) subsidiary SMBC Nikko Securities are co-lead managers of the offering, according to the report.SoftBank Group did not immediately respond to' request for comment.Shares of SoftBank Group fell nearly 9% at market close, while those of Daiwa Securities declined over 5%. Shares of Nomura Holdings and Sumitomo Mitsui Financial Group declined nearly 6% and over 4%, respectively.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Hyundai Motor to Buy SoftBank's Stake in Boston Dynamics, Taking Full Ownership
US Markets

Hyundai Motor to Buy SoftBank's Stake in Boston Dynamics, Taking Full Ownership

Hyundai Motor Group (KRX:005380) is set to acquire SoftBank Group's (TYO:9984) remaining stake in robotics developer Boston Dynamics, giving the South Korean automaker full ownership of the US robotics company.The transaction was triggered after SoftBank exercised its put option on its shareholding, according to a Thursday press release.Financial terms of the deal were not disclosed, but according to Bloomberg, the purchase of SoftBank's 9.9% stake was valued at roughly $325 million.According to Korean media reports, SoftBank's stake in Boston Dynamics is estimated at 9.65%.Hyundai said shareholders are reviewing contractual rights and obligations tied to the existing agreements through their internal governance and approval processes.The deal comes as Hyundai, the parent company of its namesake brand Hyundai Motor and Kia Corp (KRX:000270), is building an end-to-end AI robotics value chain combining Boston Dynamics' expertise in AI Robotics with the group's manufacturing capabilities."Through this integrated approach, the Group aims to accelerate the development, validation and commercialization of Physical AI technologies and robotics solutions," Hyundai said.Boston Dynamics, headquartered in Massachusetts, develops machines for industrial automation, manufacturing, inspection, and research.The company unveiled its Atlas robot in 2013. A product version of the robot was recently launched."Atlas reduces human physical burden by performing higher-risk tasks; lays the groundwork for robot commercialization and collaborative human-robot environment," Hyundai said in January.The transaction also comes amid a backdrop of labor tension at Hyundai. A union leader told Reuters that Hyundai and Kia, both developing humanoid robots, appear to be planning to replace human workers with new technologies.In January, Hyundai announced plans to deploy humanoid robots at its US factory in Georgia beginning in 2028.Meanwhile, analysts including Changho Kim at Korea Investment & Securities said the acquisition "would ease Hyundai's concerns over the dilution of its ownership in Boston Dynamics after a potential initial public offering," Bloomberg reported, citing an analyst note.Shares of Hyundai Motor fell 2.5% at market open in Seoul on Friday.

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Asia

Hyundai Motor Plans to Acquire SoftBank Group Stake in Boston Dynamics

Hyundai Motor (KRX:005380) said it plans to acquire SoftBank Group's (TYO:9984) entire 9.65% stake in the robotics company Boston Dynamics after the Japanese investment company exercised its put option, according to a Thursday release.Hyundai Motor, including Hyundai Motor Group Executive Chair Euisun Chung; Kia; Hyundai Mobis; and Hyundai Glovis, holds over 90% in Boston Dynamics.The Korean automaker said that the "relevant" shareholders are currently reviewing the deal through their internal approval processes, and the acquisition will be part of its long-term robotics strategy.The company Hyundai Motor Group said it is building an end-to-end AI robotics value chain by combining Boston Dynamics' robotics expertise with its manufacturing capabilities, mobility technologies, and global supply chains.

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Asia

Noetra Launches Japan-Made Multimodal AI Model for Robotics

Noetra, backed by Sony (TYO:6758), SoftBank(TYO:9984), NEC(TYO:6701), and Honda (TYO:7267), has initiated full-scale R&D for a domestically developed multimodal foundation model aimed at advancing AI-enabled robots and physical AI.The company has assembled a research organization with engineers seconded from core partners and institutions like AIST and Preferred Networks, according to a statement on Thursday.Noetra also plans to build an AI computing infrastructure with approximately 27,500 NVIDIA Rubin GPUs by mid-2028.Its roadmap progresses from a Japanese-language reasoning model in fiscal 2026 to an omni-modal system by 2028, and a "Real-world Native AI" with spatial-physical awareness by 2030.The models will be released externally in stages, aligning with R&D progress and real-world application readiness.

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Asia

S&P Revises SoftBank Group's Outlook to Stable on Arm Holdings' Price Increase

S&P Global Ratings on Thursday changed the outlook on SoftBank Group (TYO:9984) to stable from negative while maintaining its BB long-term issuer credit rating.The company saw a significant turnaround in its listed assets and loan-to-value ratios to above 60% and about 20% and 25%, respectively, after an increase in Arm Holdings' stock price, S&P said.Arm's shares make up more than 40% of the group's invested assets, S&P said.The rating agency expects the company's investment assets to maintain attributes and financial ability within its ratings' limits even with continued volatility in Arm's price.Investment concentration in large recipients limits the group's creditworthiness, although a bigger share in OpenAI could narrow concentration risk, the rating agency said.The company will maintain its aggressive stance on AI investments that range from acquisitions to equity stakes and data center projects, S&P said.

TYO:9984
Asia

SoftBank and OpenAI Launch AI-Powered Cybersecurity Service to 3,000 Japanese Firms

SoftBank Group (TYO:9984) and OpenAI's joint venture SB OAI Japan has launched an AI-driven cybersecurity solution for up to 3,000 Japan-based companies, according to a statement on Tuesday.The service combined OpenAI's advanced technologies with SoftBank's operational expertise to provide end-to-end vulnerability management from assessment to patch deployment.The service addresses the growing threat of AI-accelerated cyberattacks targeting critical infrastructure, which conventional approaches struggle to counter due to a shortage of cybersecurity professionals.SoftBank will establish an Enterprise AI Cyber Defense Office on July 16 with 1,000 personnel. SB OAI is a 50:50 joint venture established in Tokyo by OpenAI and C Holdings.

TYO:9984
Asia

Market Chatter: 7-Eleven Operator Exploring Share Sale to SoftBank, PayPay

Seven & i (TYO:3382), operator of the 7-Eleven convenience store chain, is considering a multibillion-yen sale of shares to SoftBank (TYO:9984) and LY's (TYO:4689) PayPay, Bloomberg News reported Monday, citing people familiar with the matter.The investment would strengthen the companies' partnership and help Seven drive earnings growth at its convenience store business, the report said.The three companies aim to finalize an agreement by August, though discussions remain ongoing and no deal is guaranteed, according to Bloomberg. The report added that a potential investment by Sumitomo Mitsui's credit card unit could further deepen the partnership.Seven & i, Softbank, and Paypay didn't immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: SoftBank Group Renews Talks for $10 Billion Margin Loan

SoftBank Group (TYO:9984) is pushing forward with its artificial intelligence investment strategy, which it hopes to help fund with a $10 billion margin loan, Reuters reported Thursday, citing two people familiar with the matter.The Japanese multinational investment holding company renewed talks with a consortium of lenders including Goldman Sachs, JPMorgan Chase and Mizuho. The loan is said to be backed by its OpenAI shareholding and SoftBank also offered a corporate guarantee, allowing banks to seek repayment if the pledged OpenAI shares lose sufficient value to cover the loan.SoftBank and OpenAI did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

SoftBank Forms SB Neo for U.S. Neocloud Expansion

SoftBank Corp. (TYO:9434) and SoftBank Group Corp. (TYO:9984) are forming SB Neo in the U.S., with ownership split at 51% and 49% respectively, to launch neoucloud services, according to a statement on Thursday.SB Neo will launch neocloud services in fiscal 2027 using SoftBank Group's 10-gigawatt-scale AI infrastructure to supply major U.S. enterprises with computing resources for large-scale AI training and inference.It will expand capacity in phases to meet strong U.S. demand, eventually deploying infrastructure at the full 10-gigawatt scale.SoftBank Group's CEO Masayoshi Son emphasized the group's collective commitment to rolling out top-tier AI infrastructure and propelling the AI revolution forward.SoftBank Corp.'s President Junichi Miyakawa said that construction of the gigawatt-scale AI data centers in Japan will move forward once preparations are complete.

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Asia

SoftBank Group Completes $10 Billion Second Tranche of OpenAI Investment

SoftBank Group (TYO:9984) executed a $10 billion follow-on investment in OpenAI on July 1, via Vision Fund 2 as the second tranche of its previously announced $30 billion commitment.The funds were secured through a bridge facility agreement signed in March, with the third and final $10 billion tranche scheduled for Oct. 1, according to a Tokyo bourse filing on Wednesday.The closing date for the third tranche may be accelerated if OpenAI undergoes a public listing of its shares.This investment follows the initial tranche completed on April 1 and is part of SoftBank's broader strategic financing of OpenAI.

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Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen
US Markets

Japan Taps SoftBank-Backed Noetra for AI Push Worth Up to 1 Trillion Yen

Japan's government has selected a SoftBank Corp.-backed (TYO:9434) consortium to lead a national effort to develop a homegrown artificial intelligence model, with total government investment poised to reach 1 trillion yen over five years.The Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) named Noetra Inc. and the National Institute of Advanced Industrial Science and Technology (AIST) as the implementers of its "Multimodal Platform Model Development Project for AI Robots and Physical AI," according to a press release on Tuesday.It follows a review of 15 proposals submitted during a public tender that ran from March 24 to April 22.The project spans fiscal years 2026 through 2030, with contracts initially signed for the first two years and continuation subject to an annual stage-gate review, NEDO said.Under the arrangement, Noetra will develop and supply "an internationally competitive" multimodal platform model while taking into account the needs of Japanese model development and utilization.AIST will work with domestic and international research institutions to carry out advanced technological development and contribute to the development of what METI described as "a future-oriented, competitive platform model."The AI model is expected to handle a range of data, including language, audio, images, videos, sensor data, and more.The government has already earmarked 387.3 billion yen for the program in its fiscal 2026 budget, funded through GX Economy Transition Bonds, according to METI's budget outline published in April.Noetra is a joint project led by SoftBank Corp., the telecommunications and internet subsidiary of SoftBank Group (TYO:9984). It counts NEC Corp. (TYO:6701), Honda Motor (TYO:7267), Sony Group (TYO:6758), Mitsubishi UFJ Financial Group (TYO:8306), Sumitomo Mitsui Financial (TYO:8316), Mizuho Financial Group (TYO:8411), Nippon Steel (TYO:5401) and Kobe Steel (TYO:5406) as partners.Back in April, METI disclosed its ambition for Japan to capture 30%, or 20 trillion yen, of the global AI robotics market by 2040.The announcement comes amid a broader rally in Japanese AI-linked stocks that pushed the Nikkei 225 to its sharpest quarterly increase on record as of Tuesday. SoftBank Group recently overtook Toyota Motor (TYO:7203) as Japan's most valuable listed company.The Japanese initiative follows a similar push from neighboring South Korea, which also unveiled plans to build semiconductor facilities and AI data centers on Monday, enlisting chipmaker SK Hynix (KRX:000660), Samsung Electronics (KRX:005930) and internet firm Naver (KRX:035420).

Nikkei 225KRX:000660KRX:005930KRX:035420TYO:5401TYO:5406TYO:6701TYO:6758TYO:7203TYO:7267TYO:8306TYO:8316TYO:8411TYO:9434TYO:9984
Asia

Saha Group Unit Signs AI Partnership with SoftBank, True Unit

Saha Group's digital unit E-commerce Digital Thai signed a strategic partnership with SoftBank Group (TYO:9984), True (BKK:TRUE) unit TrueBusiness, and EGG Digital for artificial intelligence and digital transformation initiatives.The collaboration will focus on applying AI, big data and digital technologies to strengthen Saha Group's technology infrastructure, improve marketing, communications, customer services and internal operations, while supporting expansion into Thailand and overseas markets.The partnership will leverage True's network infrastructure, data intelligence, digital ecosystem and AI capabilities to deliver integrated digital solutions across Saha Group companies.

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Asia

Market Chatter: SoftBank Group Shares Tumble 12% on Report of OpenAI IPO Delay

SoftBank Group (TYO:9984) shares fell 12%, crashing to a one-month low, over reports that the US-based artificial intelligence company OpenAI is planning to delay its initial public offering until next year, Nikkei Asia reported Friday.The Japan-based investor planned a $65 billion investment in the AI company, which initially, according to media reports in May, planned a market offering as early as September.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Japanese Shares Surge to Erase Two Days of Losses on Global AI Optimism

Japanese shares rebounded on Thursday to erase the losses of the last two trading sessions, tracking the overnight gains on Wall Street, which were lifted by a resurgence in mega-cap technology and AI-centric stocks.The benchmark Nikkei 225 closed higher by 3,191.37 points or 4.61% at 72,366.34 on Thursday.Investors cheered the upbeat forecasts from US memory chipmaker Micron Technology and semiconductor designer Qualcomm, which reignited confidence in the artificial intelligence space.Back home, Japan's leading economic index, which gauges economic outlook for the months ahead, rose to 116.1 points in April from 115.4 points in the previous month, according to data from the Cabinet Office on Thursday. The latest print was revised upwards from the preliminary estimate of 115.9.On the corporate side, Mitsubishi (TYO:8058) filed for the listing of $1 billion worth of bonds on the Singapore bourse, according to a filing with the Singapore Exchange on Thursday. The company filed for $500 million worth of 4.625% senior bonds due 2031 and $500 million worth of 5.125% senior bonds due 2036.Also, SoftBank Group's (TYO:9984) artificial intelligence-powered robots have entered the mass production phase, as the company eyes AI business expansion, The Mainichi reported Thursday, quoting group CEO Masayoshi Son

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