News On Japan

SoftBank Plans Massive Retail Bond Sale to Fund AI Investment

TOKYO - SoftBank Group announced on August 24 that it will issue 1 trillion yen in unsecured corporate bonds for individual investors, in what is set to be its largest such offering.

The bonds will have a maturity of seven years, with an annual interest rate expected to range from about 4.3% to 4.9%. The final rate will be determined on September 4.

SoftBank Group said part of the proceeds will be used to redeem 400 billion yen in existing corporate bonds.

The remaining funds will be allocated to investments including artificial intelligence, an area the company has identified as a major strategic focus.

Source: テレ東BIZ

News On Japan
POPULAR NEWS

A very strong Typhoon No. 18 is forecast to make its closest approach to Okinawa's main island from the night of August 25 into the early hours of August 26, bringing violent winds, torrential rain and waves exceeding 9 meters near the storm's center as unstable weather continues across wide areas of Japan. As of 3 a.m. on August 25, Typhoon No. 18 was located about 120 kilometers southeast of Minamidaito Island and was moving west-northwest at 20 kilometers per hour.

An 85-year-old couple have donated a combined 400 million yen to Osaka City with a request that the money be used to create a giant Myaku-Myaku statue about 20 meters tall at the former site of the Osaka-Kansai Expo, envisioning a landmark that could become a lasting symbol of the event and of renewed prosperity for Kansai and Japan.

Lawson plans to cut prices on its main line of onigiri rice balls by 10 yen from September 29 as falling rice prices begin to feed through to retail costs.

Police have established a temporary police post in the whaling town of Taiji, Wakayama Prefecture, ahead of the September 1 opening of the annual drive hunt for whales and dolphins.

A 39-year-old woman from Taiwan has been arrested on suspicion of pouring an oil-like liquid on the national treasure Buddha Footprint Stone at Yakushiji Temple in Nara in April, police said.

MEDIA CHANNELS
         

MORE Web3 NEWS

SoftBank Group announced on August 24 that it will issue 1 trillion yen in unsecured corporate bonds for individual investors, in what is set to be its largest such offering.

Japanese companies and venture investors are stepping up efforts to commercialize technologies that could transform shipping and recruitment, with Mitsui O.S.K. Lines pursuing fully autonomous operation of giant cargo vessels while startup Calaris develops an interactive AI interviewer designed to uncover abilities that conventional job applications may miss.

Japanese online publishing platform note is using artificial intelligence to review its management meetings and analyze company-wide activity as it prepares for a future in which AI increasingly determines what information, products and services people discover online.

Artificial intelligence is rapidly transforming cyber warfare by enabling faster, automated and continuous attacks, raising concerns that governments and companies may struggle to detect and stop intrusions before serious damage occurs.

Running a business in Japan at present involves constantly coping with evolving threats. The Japan cybersecurity market is growing rapidly, and this growth speaks for itself.

The creation of the ERC-20 standard allowed the blockchain ecosystem to scale through the deployment of fungible tokens, where every asset is completely identical and interchangeable with another.

RTP is one of the clearest mathematical indicators available when Kiwi players assess an online casino game.

Data center construction is accelerating across Japan as artificial intelligence drives demand for computing capacity, creating new business opportunities for domestic companies supplying air-conditioning systems, transformers, measuring equipment, construction machinery, batteries and electrical distribution systems.