SoftBank’s record $23bn loss could push Masayoshi Son to reconsider taking group private
SoftBank’s record $23.4bn quarterly loss, a pledge of heavy cost-cutting and an hour of public self-criticism by its founder Masayoshi Son could push the Japanese billionaire to reconsider a management buyout of the technology conglomerate.
Analysts and investors said the latest results, which delivered fresh signs that SoftBank is preparing to sell key operations such as Fortress Investment Group and focus more exclusively on its two Vision Funds, raised questions over whether it still needed to be listed at all.
分析师和投资者表示，最新业绩引发了对于软银是否仍需要保持上市地位的质疑。最新业绩报告提供的新迹象显示，软银准备出售堡垒投资集团(Fortress Investment Group)等关键业务，转而更加专注于旗下两只愿景基金(Vision Fund)。
People close to the company confirmed that Son has discussed the option of taking SoftBank private on several occasions over the past three years, but had always rejected the idea, in part because of pressure from the company’s biggest Japanese banking lenders, notably Mizuho.