A chastened Masayoshi Son summed up SoftBank Group Corp's record US$13 billion operating loss on stage this week with a striking image: unicorns tumbling into the"valley of the coronavirus".
Son's presentations are more akin to the performances of Apple Inc co-founder Steve Jobs than the data-dense displays common in corporate Japan, with slides becoming an enduring part of the chief executive's sales pitch.While striking some observers as comical, the images, mixed with charts showing free cash flow and dividend policy, often outline central tenets of the businessman's thinking.
"How rare is that in a leadership communication in Japan?" said public relations consultant Bob Pickard, who advises CEOs. Such images play a major role in driving news coverage and chatter on social media, he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Softbank says it will sell 5% of domestic telecom to raise cashSoftBank Group Corp said it plans to sell 5 per cent of its domestic telco SoftBank Corp as part of its plan to raise US$41 billion through asset ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
SoftBank to sell US$3.1 billion worth of Japan telco unit stakeSoftBank Group Corp said it plans to sell 5 per cent of its domestic telco SoftBank Corp, currently worth US$3.1 billion, as part of a programme ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Canada Goose lays off 125 workersRetailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5per cent of its global workforce, as part of steps to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Canada Goose lays off 125 workers amid COVID-19 pandemicRetailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5per cent of its global workforce, as part of steps to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Commentary: Malaysia's economy has surprised many despite COVID-19. But for how long more?Demand from consumers underpinned the economy’s resilience in the first quarter but an over-reliance on private consumption is also cause for ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
SoftBank-backed Ola to cut about 35per cent workforce amid COVID-19 crisisSoftBank Group-backed Indian ride-hailing company Ola will cut 1,400 jobs, or about 35per cent of its workforce, as it tries to navigate the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »