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SoftBank Reconsiders Trading Strategy That Hurt Shares

  • Japanese conglomerate bet on Facebook, Microsoft, Netflix
  • Collapse in shares caused Masa Son to reconsider strategy
Masayoshi Son

Masayoshi Son

Photographer: Kiyoshi Ota/Bloomberg
Updated on

SoftBank Group Corp. is considering revamping a controversial strategy of using derivatives to invest in tech companies, and its executives have met with investors in recent days to assure them that the bets are relatively conservative, according to people familiar with the matter.

The Japanese conglomerate has stressed to investors that its billion-dollar positions have been concentrated in a handful of blue-chip tech companies, including Microsoft Corp. and Facebook Inc., and have involved call spreads rather than highly leveraged short-term bets, said the people, asking not to be identified because the matter is private.