SoftBank: pay cuts do not offset investment flops - FT中文网
登录×
电子邮件/用户名
密码
记住我
请输入邮箱和密码进行绑定操作:
请输入手机号码,通过短信验证(目前仅支持中国大陆地区的手机号):
请您阅读我们的用户注册协议隐私权保护政策,点击下方按钮即视为您接受。
FT商学院

SoftBank: pay cuts do not offset investment flops

Founder Masayoshi Son has promised to play defence, slowing the pace of new investments and preserving cash
00:00

{"text":[[{"start":12.19,"text":"Founder Masayoshi Son is trying to turn round the fortunes of SoftBank following a historic loss for its Vision Fund unit. "},{"start":19.044,"text":"But moves to counteract falling profits and a dwindling share price are too little, too late. "},{"start":23.974,"text":"They include steep pay cuts for executives of the Japanese tech investment group. "}],[{"start":28.86,"text":"The surprisingly steep reductions follow a record investment loss of ¥3.5tn ($27.5bn) at the Vision Fund unit for the year to March. "},{"start":38.702,"text":"Oddly, Son’s pay was unchanged at Y100mn ($785,000). "},{"start":44.707,"text":"Executives who suffered pay package shrinkage included chief financial officer Yoshimitsu Goto. "},{"start":50.187,"text":"His remuneration dropped 40 per cent compared with the previous year "}],[{"start":54.599999999999994,"text":"SoftBank has a history of largesse. "},{"start":57.492,"text":"Simon Segars, the former chief executive of the company’s chip unit Arm, earned $9mn during the three months that he was a board director. "},{"start":65.309,"text":"Former chief operating officer Marcelo Claure, who left SoftBank earlier this year after months of frosty negotiations over pay, earned more than $14mn in the year before his departure. "},{"start":75.939,"text":"That put him on a par with former chief operating officer of Bank of America Thomas Montag. "}],[{"start":81.56,"text":"SoftBank blamed the record loss at its first Vision Fund in the year to March on the tech sell-off in the US and China. "},{"start":88.06400000000001,"text":"But some prominent companies in which SoftBank is the largest shareholder have performed far worse than the market. "},{"start":93.794,"text":"Shares in South Korean ecommerce platform Coupang have plunged 72 per cent since it listed. "},{"start":99.449,"text":"The stock of Didi, a Chinese ride-hailing group, has fallen 75 per cent in the past year. "}],[{"start":106.12,"text":"Such reversals call into question the strategy of SoftBank executives including Rajeev Misra, chief executive of SoftBank Investment Advisers, which oversees the firm’s Vision Funds. "}],[{"start":117.19,"text":"SoftBank shares have halved since their 2021 peak. "},{"start":120.994,"text":"They trade below book value at less than half the group’s stated net asset value of $150bn. "}],[{"start":127.5,"text":"Son has promised to play defence, slowing the pace of new investments and preserving cash. "},{"start":132.779,"text":"The question for investors should be whether it is worth holding shares in a business that is still paying executives highly to underperform the market. "}],[{"start":139.87,"text":""}]],"url":"https://creatives.ftacademy.cn/album/72734-1653911512.mp3"}

版权声明:本文版权归FT中文网所有,未经允许任何单位或个人不得转载,复制或以任何其他方式使用本文全部或部分,侵权必究。

Lex专栏:马斯克利用美国大选出风头

这位亿万富翁的名字没有出现在选票上,但他已利用美国大选吸引了大家的注意力。

暴力是怎样逐渐成为美国大选主题的?

在充斥着“前所未有”的极端言论的竞选季之后,选民们笼罩在紧张氛围中。

英国新税制或使其成为新的“避税天堂”

顾问警告说,英国政府取代非居籍计划的建议将吸引那些寻求短期免税期的人士

Lex专栏:高端电动汽车有望助力小米登上领奖台

小米的新车型可能不是每个人的梦想之车,但这家公司在竞争中处于有利地位。

Lex专栏:巴菲特的苹果交易暴露了伯克希尔的困境

苹果股票给巴菲特带来财富掩盖了伯克希尔缺乏利润丰厚的投资机会的事实。

Z世代是否比前几代人更艰难?

英国年轻人比以往任何时候都更难实现经济独立— 原因如下。
设置字号×
最小
较小
默认
较大
最大
分享×