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Asia

Market Chatter: SoftBank CEO Says Group Starts Mass Production of AI-Powered Robots

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.The Japan-based investor outlined four key focus areas, including AI models, semiconductor chips, infrastructure, and robots, in the near term, as its investment in the US-based OpenAI is expected to reach $64.6 billion by October this year, the report said.At a shareholder meeting in Tokyo, the group's CEO maintained that the company's long-term focus is on expanding its AI business, signaling continuity in leadership, according to the report.(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

Update: Market Chatter: SoftBank Group Eyes Tepco Stake to Power AI Expansion

SoftBank Group (TYO:9984) plans to acquire a stake in Tokyo Electric Power Co. or Tepco (TYO:9501) through its telecom division, aiming to secure electricity for AI data centers, Bloomberg News reported on Wednesday, citing CEO Masayoshi Son.Speaking at a shareholder meeting, Son said SoftBank is a leading candidate among several bidders for Tepco, emphasizing that ownership would enable domestic data center construction, the news wire said.He confirmed the telecom unit has formally proposed becoming Tepco's next owner, though he provided no additional details on the bid, the publication said.Softbank Group didn't immediately respond to MT Newswire's request for comment, while Tepco declined to comment, citing "confidentiality considerations concerning the parties that may be under consideration."(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 Eyes Tepco Stake to Power AI Expansion

SoftBank Group (TYO:9984) plans to acquire a stake in Tokyo Electric Power Co. or Tepco (TYO:9501) through its telecom division, aiming to secure electricity for AI data centers, Bloomberg News reported on Wednesday, citing CEO Masayoshi Son.Speaking at a shareholder meeting, Son said SoftBank is a leading candidate among several bidders for Tepco, emphasizing that ownership would enable domestic data center construction, the news wire said.He confirmed the telecom unit has formally proposed becoming Tepco's next owner, though he provided no additional details on the bid, the publication said.Softbank Group and Tepco didn't immediately respond to MT Newswire's 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

SoftBank Group Approves Issuance of Stock Acquisition Rights

SoftBank Group (TYO:9984) board approved the issuance of stock acquisition rights, or stock options, to corporate officers, employees, and directors and officers of a subsidiary, according to a Wednesday filing on the Tokyo Stock Exchange.The Japan-based investor said that each stock acquisition right will entitle the holder to acquire 100 common shares, with the total number of shares available upon exercise initially capped at 375,400.The stock options carry an exercise price of 1 yen per share.

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Asia

Market Chatter: Japan Diversifies AI Alliances with France and India to Reduce US-China Reliance

Japan is establishing new dialogue frameworks with France and India to advance AI development and reduce dependence on American and Chinese technologies, Nikkei Asia reported on Tuesday.The first Japan-France high-level AI talks occurred Friday, focusing on "AI sovereignty" and independent data management, with defense officials also discussing AI's role in national security, the news agency said.Both nations emphasize building supply chains free from US-China dominance, aiming to finalize concrete collaborative measures through ongoing discussions, the publication said.Japanese companies including SoftBank Group (TYO:9984) and Sakana AI participated alongside their French counterparts, showcasing domestic AI capabilities as part of the strategic partnership, the report said.Japan and French government officials 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

SoftBank Group Launches OpenAI-Powered Cybersecurity Service

SoftBank Group (TYO:9984) has launched a cybersecurity solution that leverages OpenAI's technology to help organizations assess vulnerabilities and develop remediation plans across Japan's critical infrastructure.The new offering, called Patching as a Service, combines OpenAI's AI capabilities with the operational expertise of SoftBank Corp. (TYO:9434) to support clients from vulnerability assessment to patching and implementation planning, according to a Wednesday company statement.The launch comes amid increasingly sophisticated and automated AI-driven cyberattacks, which pose growing risks to systems critical to business operations.

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Asia

Market Chatter: Vision Fund Finance Chief to Leave SoftBank

SoftBank Group's (TYO:9984) investment arm Vision Fund's chief financial officer, Navneet Govil, who has been with the technology giant for around a decade, is set to leave the group, according to a Reuters report on Tuesday citing an internal memo.Alex Clavel, chief executive officer of SoftBank ​Investment Advisers, said in the memo that details regarding transition responsibilities will be disclosed in due course, Reuters reported.Govil, chief financial officer of SoftBank Investment Advisers, joined ​SoftBank in 2016 before the launch of the group's first Vision Fund.The memo described Govil as "a valuable partner across the business" as the organization navigated significant market volatility and transformation.(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 Group Completes Early Redemption of 2026 Senior Notes

SoftBank Group (TYO:9984) completed the early redemption of its U.S. dollar-denominated 4.000% senior notes due July 6, according to a Tokyo bourse filing on Wednesday.The Japan-based conglomerate said following the redemption on Tuesday, the notes issued in 2021 have been fully redeemed and canceled, with no notes outstanding.

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Asia

Market Chatter: SoftBank Group's $6 Billion OpenAI Margin Loan Talks Stall

SoftBank Group's (TYO:9984) plans to raise about $6 billion through a margin loan backed by its stake in OpenAI have stalled, weeks after the Japan-based multinational investment group reduced its fundraising target from $10 billion.Bloomberg News reported Wednesday, citing people familiar with the matter, that the conglomerate is evaluating alternative financing options and may revive margin-loan talks at a later stage.During the earlier talks with potential lenders, the group secured about $5 billion in margin loan commitments, and the pause comes amid OpenAI's confidential filing for an initial public offering in the US, according to the report.Meanwhile, SoftBank's $60 billion commitment to OpenAI is under investor scrutiny amid growing competition in artificial intelligence and concerns over the future of AI business, the news outlet reported.(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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International

SoftBank Group Prices 260 Billion Yen Hybrid Note Issuance

SoftBank Group (TYO:9984) has finalized the terms for its issuance of hybrid notes featuring an optional interest payment deferral mechanism, according to a Tokyo bourse filing on Friday.The total offering amount is set at 260 billion yen, with a denomination of 1 million yen per note.The 35-year notes carry an initial fixed interest rate of 5.12% per annum for the first five years. Thereafter, the rate will transition to a floating structure based on one-year Japanese government bond (JGB) yields plus a 3.16% spread, with step-up interest increases kicking in at specific intervals over the life of the instrument.Rated BBB+ by the Japan Credit Rating Agency, the hybrid notes will be publicly offered primarily to individual investors from June 8 to June 18, with an issue date scheduled for June 19.The offering is underwritten by a syndicate led by managers including SMBC Nikko, Mitsubishi UFJ Morgan Stanley, SBI Securities, and Nomura Securities.Proceeds from the issuance will be used to partially replace U.S. dollar-denominated hybrid notes that reach their first voluntary call date in July 2027. SoftBank intends to replace any early-redeemed notes with instruments offering equivalent equity treatment.

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Asia

SoftBant unit PayPay to Acquire 70.2% of T&D Financial Life

PayPay, a unit of SoftBank Group (TYO:9984), has agreed to acquire 70.2% of T&D Financial Life Insurance from T&D Holdings for an 134.3 billion yen, according to Tokyo bourse filings on Thursday.The acquisition aims to add life insurance to PayPay's existing suite of cashless payments, credit cards, banking, and securities services for over 74 million registered users.One Investment Management, an independent asset manager, intends to acquire a separate 14.9% stake in T&D Financial Life through an affiliate.Under a planned shareholders' agreement, PayPay will hold a call option on the remaining 14.9% stake held by T&D Holdings, which will also hold a put option exercisable after three years.The consummation, scheduled for Oct. 1, 2027, is subject to regulatory approvals, an IFRS transition plan at T&D Financial Life, and other conditions precedent.By combining T&D Financial Life's customer base with PayPay's digital platform and embedded insurance expertise, the group aims to create new digital life insurance experiences and provide comprehensive financial services across users' life stages.The impact on SoftBank's consolidated financial results is currently under review.

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Asia

Japanese Shares Close Higher as Cabinet OKs 3.1 Trillion Yen Energy Package

Japanese shares extended their opening gains to close stronger on Wednesday, crossing the 68,000 level, driven by the positive movement in the broader Asian markets and the local government's initiatives to uplift the economy.The Nikkei 225 index surged 1,667.89 points, or 2.5%, to finish at a record 68,402.13.Japan's cabinet authorized a 3.1 trillion yen additional budget aimed at shielding households from inflation worsened by the Middle East conflict, Bloomberg News reported Wednesday.As per the report, the supplementary package establishes a 2.5 trillion yen reserve fund to offer subsidies for countering higher commodity prices, including gasoline.Investors are also keenly eyeing Bank of Japan Governor Kazuo Ueda's planned speech for hints on the outlook for interest rates.Media reports quoted Finance Minister Satsuki Katayama as saying that the government "will respond appropriately at any time as necessary" on the falling value of the yen.On the corporate side, SoftBank Group's (TYO:9984) telecom unit SoftBank Corp. has been shortlisted for a potential bid on Blackstone's payments services provider SP.LINKS Inc., Bloomberg reported Wednesday, citing sources.Also, Sakai Moving Service's (TYO:9039) May sales rose 4.7% from a year earlier to 8.12 billion yen, according to a Wednesday filing on the Tokyo Stock Exchange.

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Asia

Market Chatter: SoftBank Group Advances to Second Round of Bidding in Blackstone Payments Service Provider Sale

SoftBank Group's (TYO:9984) telecom unit SoftBank Corp. has been shortlisted for a potential bid on Blackstone's payments services provider SP.LINKS Inc., Bloomberg reported Wednesday, citing people familiar with the matter.The group, which will compete against an unnamed private equity fund, has until mid-July to place a bid, with the sellers seeking a price tag of 100 billion yen, the report said.Blackstone owns 80% o the business, with the remaining held by a unit of Sony Financial Group (TYO:8729).(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: Sumitomo Mitsui Unit Plans 100 Billion Yen Fund for Japanese Acquisition Deals

Sumitomo Mitsui Financial Group (TYO:8316) subsidiary SMBC Nikko is considering launching a 100 billion yen mezzanine fund to help finance big acquisitions in Japan, Bloomberg News reported Monday, citing people familiar with the matter.Mezzanine financing falls between a senior loan by conventional financial institutions and equity financing using common shares.The fund plans to invest in subordinated loans and preferred shares for Japanese acquisition deals, the report said.SMBC Nikko is teaming up with alternative asset manager One Investment as a partner and is looking for institutional investors outside of Japan to raise money for the fund, the report said, citing some of the sources.Sumitomo Mitsui Financial Group and One Investment reportedly declined to comment on the matter.(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 Hit Record Highs Led By Tech Stocks

Japanese shares crossed a record high of 67,000 in Monday's trade to close higher, tracking Asian peers that also posted gains driven by optimism over investments in artificial intelligence.The Nikkei 225 pared early gains to close up 604.83 points or 0.9% at 66,934.33.The focus on technology stocks helped overcome caution around the slow progress in the negotiations for a peaceful resolution of the ongoing geopolitical tensions in Iran.The gains were led by the SoftBank Group (TYO:9984), the investment company that focuses heavily on AI, closing up over 14% after extending its gains from last week. The surge in the company's share price on Monday helped SoftBank to push its market capitalization to over 47 trillion yen, making it the most valuable company on the Tokyo exchange for the first time in over two decades.It was also reported that on Sunday, SoftBank Group (TYO:9984) has committed to developing and operating 5 gigawatts of artificial intelligence data center capacity in France, with a pledge to invest up to 75 billion euros.Also, Japanese technology group Kioxia Holdings Corp (TYO:285A) closed higher by over 10%.In other corporate news, Kansai Electric Power (TYO:9503) plans to build new liquefied natural gas-fired plants as part of a broader push to increase generating capacity by about 30% by fiscal 2040, Nikkei Asia reported Monday, citing President Nozomu Mori.Also, Shionogi & Co's (TYO:4507) has received the US Food and Drug Administration's approval for its Xocova or ensitrelvir as the first and only oral antiviral for post-exposure prophylaxis of COVID-19 in individuals aged 12 and older, according to a Tokyo bourse filing on Monday.

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SoftBank Plans Up to 75 Billion Euros of AI Investment in France
US Markets

SoftBank Plans Up to 75 Billion Euros of AI Investment in France

SoftBank Group (TYO:9984) plans to invest up to 75 billion euros to develop and operate 5 gigawatts of artificial intelligence data center capacity in France, marking the company's largest AI infrastructure commitment in Europe.The first phase involves a 45-billion-euro investment to build 3.1 GW of AI data center capacity in the Hauts-de-France region by 2031, according to a press release on Saturday.The initial projects will be located in Dunkirk, Bosquel, and Bouchain, with SoftBank planning additional sites across France to expand high-performance computing capacity for AI applications."AI is entering a new era, and the countries that build the infrastructure for this transformation will shape the future of technology, industry and society," Chairman and Chief Executive Masayoshi Son said."SoftBank is proud to make this major commitment to France. With its industrial capabilities, talent base and national ambition, France is uniquely positioned to become a leading AI infrastructure hub in Europe," he added.The facilities are expected to support demand from AI companies, cloud providers, enterprises, public institutions, and research organizations.As part of the initiative, SoftBank will partner with Schneider Electric to establish an industrial production cluster at the Port of Dunkirk.The cluster will include a SoftBank-operated facility to manufacture data center enclosures and a Schneider Electric-operated plant to produce integrated power modules for AI infrastructure.Schneider Electric Chief Executive Olivier Blum said the partnership would help accelerate the deployment of high-performance and energy-efficient AI infrastructure.The investment is expected to create thousands of jobs across engineering, energy systems, robotics, operations, maintenance, and advanced manufacturing.The announcement was made as part of the 2026 Choose France summit hosted by French President Emmanuel Macron and comes as Europe seeks to expand AI computing capacity and strengthen technological sovereignty to better compete with the U.S. and China.However, realizing this ambitious scale will require massive capital beyond SoftBank's initial commitment. The Financial Times noted that industry benchmarks place the total cost of every 1GW of AI infrastructure, including land, construction, power and IT equipment, at about $50 billion. SoftBank's vision hinges on securing additional funding from yet-to-be-revealed financial partners, the FT said.SoftBank's shares jumped 14% in Tokyo trading on Monday. The rally propelled SoftBank's market capitalization past 48 trillion yen, allowing it to overtake Toyota Motor (TYO:7203) as Japan's most valuable publicly traded company.The milestone dethrones the automaker from the top spot for the first time in over two decades, according to reports. Toyota's shares fell 4.5% on Monday, with its market capitalization falling to 45.8 trillion yen.

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Asia

SoftBank Surges Past Toyota to Become Japan's Most Valuable Firm; Shares Up 10%

Shares of SoftBank Group (TYO:9984) rose sharply in Monday's early trading session, pushing its market capitalization to over 47 trillion yen, making it the most valuable company on the Tokyo exchange for the first time in over two decades.The tech conglomerate's stock jumped over 10% to 8,259 yen at 11:30 am in Tokyo on Monday.SoftBank has overtaken the long-time leader, Toyota Motor (TYO:7203), and now holds a market value of 45.7 trillion yen.Toyota's shares fell 4.8% in recent trade.

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Asia

SoftBank Group to Redeem $669.3 million of 4% notes due July

SoftBank Group (TYO:9984) will redeem all of its outstanding USD-denominated 4% Senior Notes, at par on June 9, in accordance with their terms and conditions, according to a Tokyo bourse filing on Thursday.The notes, which were issued on July 6, 2021, carry an interest rate of 4% per annum and have a maturity date of July 6, 2026.The total outstanding principal amount subject to redemption is $669.3 million, representing 100% of the issued amount, and the redemption price will be 100% of par.The early redemption, scheduled approximately one month before the original maturity date, will see SoftBank retire the entire remaining balance of the 2021 issuance.

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Asia

Japanese Shares Hit Record High on Monday Buoyed by Decline in Oil Prices, Possible Resolution of US-Iran War

Japanese shares started the week on a high with the Nikkei 225 breaking records by crossing 65,000 intra-day to close in the green, after oil prices plunged following U.S. President Donald Trump saying discussions with Iran on ending the war are progressing.The Nikkei 225 closed up 1,777.80 points or 2.8% at 65,116.87.In a post on social media platform Truth Social, Trump said negotiations with Iran were "proceeding in an orderly and constructive manner."Investor sentiment was also boosted by the decline in oil prices as the US and Iran are looking to be closer to a peace agreement, leading to optimism over the opening of the Strait of Hormuz for crude oil trade.Crude oil prices dipped below $100 a barrel to about $96 a barrel.On the domestic front, Japan's gold exports surpassed 4 trillion yen for the first time in fiscal 2025, reaching a record 4.08 trillion yen, pushed by rising prices due to heightened global instability, Nikkei Asia reported on Monday.It was also reported that Japan's financial regulator is urging listed companies to use more of their large cash reserves for long-term investments instead of buybacks and dividends, according to a Bloomberg News report on Monday, citing a senior FSA official.On the corporate side, shares of Softbank Group (TYO:9984) closed up over 4% on Monday, after it revealed its plans to issue 260 billion yen in hybrid notes with optional interest payment deferral, mainly targeting individual investors in Japan.Also, Nissan Motor (TYO:7201) shares closed up over 3% even as the company canceled plans to build a factory in Sunderland for producing e-axles, a key EV component, through its subsidiary Jatco, after poor sales of electric models in Europe, according to a Nikkei Asia report on Monday.

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Asia

SoftBank Group Plans 260 Billion Yen Hybrid Note Issuance in Japan for Individual Investors

SoftBank Group (TYO:9984) plans to issue 260 billion yen in hybrid notes with optional interest payment deferral, mainly targeting individual investors in Japan.The 35-year notes, tentatively priced at 4.80%-5.60% for the first five years before switching to a floating rate, feature a step-up interest provision and can be redeemed early starting June 2031, according to a Tokyo bourse filing on Monday.While treated as interest-bearing debt for accounting purposes, the notes receive 50% equity treatment from rating agencies due to their long maturity, subordination, and deferral options.Proceeds will help replace U.S. dollar-denominated hybrid notes reaching their first call date in July 2027. The offering runs from June 8 to June 18, with final terms to be set on June 5.

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