Japanese Insurance Stock News

TSE:9984
TSE:9984Wireless Telecom

SoftBank Deepens OpenAI Bet As PayPay Targets Blockbuster US IPO

SoftBank Group (TSE:9984) is investing over US$30b for an 11% stake in OpenAI, with an option under consideration for a further US$30b. This step makes SoftBank one of the most direct listed ways to gain exposure to OpenAI outside Microsoft. Separately, SoftBank’s digital payments unit PayPay has filed for a US IPO that could be the largest US listing by a Japanese company. For investors watching TSE:9984, these moves highlight how heavily SoftBank is tying its identity to AI research,...
TSE:5706
TSE:5706Metals and Mining

Mitsui Kinzoku (TSE:5706) Valuation Check After Upgraded Guidance Higher Dividends And Leadership Changes

Why Mitsui Kinzoku (TSE:5706) is Back on Investor Radars Mitsui Kinzoku (TSE:5706) has drawn fresh attention after raising its full year earnings outlook, lifting dividend guidance and confirming a leadership change that will see a new President from April. See our latest analysis for Mitsui Kinzoku Company. The stronger earnings guidance, higher dividend outlook and upcoming leadership change have gone hand in hand with sharp recent gains, with a 7 day share price return of 27.69% and a very...