On May 25th local time, Japanese Prime Minister Shizo Abe announced that it would lift the state of emergency declaration in Hokkaido and the capital circle Tokyo, Chiba , Saitama , Kanagawa . This statement also means that Japan has escaped from the state of emergency. The Japanese people finally ushered in the day of "unblocking". In response, Abe said that Japan's lifting standards is very strict internationally. In just one and a half months, Japan controlled the epidemic, which was enough to show the power of the "Japanese model". The sentence
sounds very familiar. China has controlled the epidemic in the shortest time, which also demonstrates the strength of the "Chinese model". Japan's move, to a certain extent, has the meaning of imitating the "Chinese model". Of course, not only Japan, but the world is learning China's defense measures, because this "blockdown" method has proved to be the most effective.
issued an emergency declaration on April 7 until it was lifted on May 25, which took more than 40 days, and is relatively one of the countries with better control. For tourism, only local tourism is recommended until July 9, and you can travel abroad starting from July 10. It is worth noting that starting from June, you can go to areas other than the Capital Circle and Hokkaido.
Starting from late June, Japan will hold sports competitions without audiences. For the Japanese people, this means that all aspects of life have gradually returned to normal. Of course, the prerequisite is to avoid dense, closed and close contact, and at the same time, we must insist on washing hands frequently and wearing masks. To talk about the impact of this epidemic on the Japanese economy, it can be seen from the huge losses of SoftBank Group in the first quarter.
According to data, SoftBank Group's net loss in the first quarter reached 1.4381 trillion yen, which was converted into RMB to 95.6 billion. Such a loss amount has become the highest quarterly loss of Japanese companies. In the 2019 fiscal year alone, SoftBank 's loss reached 1.36 trillion yen and its net loss reached 961.6 billion yen, setting a new high since its establishment. This situation is probably something that Masayoshi Son did not expect. After SoftBank released its performance, it also attracted widespread attention in the market. As for the reason for the huge loss in performance, it is mainly because Vision Fund's investment business has made "mistakes". Online ride-hailing company Uber caused US$5.179 billion in losses, while US shared office WeWork caused US$4.582 billion in losses. Originally, WeWork was called the biggest "dark horse" in 2019, but who knew that it would be a direct major change in 2020. By the end of March, the original valuation of US$7.3 billion had shrunk to US$2.9 billion.
And Masayoshi Son is not only very well-known in Japan, but also a little famous in the Chinese market. It is mainly because he invested in the largest Internet company in China, Alibaba . It is precisely because of his investment that Jack Ma has the funds to start Alibaba. This time the investment has always been called a "myth" in the market. You should know that in the early days of founding Alibaba, Jack Ma actually encountered many difficulties, and the biggest difficulty was that he had no results in finding investment.
SoftBank gave Jack Ma $20 million investment at a critical moment, which gave Alibaba the capital to grow and grow. Now we can achieve "cashless payment", including the emergence of online shopping, all due to Jack Ma. In the business world, Jack Ma is an excellent entrepreneur. He has changed the shopping methods of Chinese people and the payment methods of Chinese people. He still has a certain status in the minds of Chinese people.
After investing in Alibaba, SoftBank has also become Alibaba's largest shareholder. With the shares in Alibaba, Masayoshi Son received thousands of times the return. After Alibaba went public, Masayoshi Son also won the position of Japan's richest man many times. It is precisely because of this that Masayoshi Son is more optimistic about the development of the Internet industry and has increased investment in the Internet field.
is such a man who can make money. In 2020, he became the "most miserable man". His original glory has long disappeared. Industry insiders said that there are traces to the reason why Masayoshi Son fell from the "altar". When he was a child, Masayoshi Son's father ran a game console business, which also had a certain impact on Masayoshi Son.
For a while, Masayoshi Son decided to do a computer game business when he grew up. Who would have thought that his "first pot of gold" was really related to game consoles. Later, after the establishment of SoftBank, it gradually gained a position in the Japanese business world, and Masayoshi Son also began his investment career. However, with SoftBank's investment increasing, Masayoshi Son "falls" from the previous altar. Not only does his own wealth continue to shrink, but his debt crisis has also frequently occurred.
In recent years, Masayoshi Son has repeatedly "exchanged money" by selling Alibaba shares to make up for SoftBank's financial losses. It can be said that whenever SoftBank encounters a "crisis", the first thing that comes to mind is to "seek help" Alibaba, that is, to solve the financial problems by selling Alibaba shares. After SoftBank's huge loss in performance this time, Masayoshi Son used the same "trick". Masayoshi Son said that SoftBank will reduce its holdings in Alibaba in the future to repurchase SoftBank's shares.
Masayoshi Son, who has always been very confident in his investment, also admitted that he had "regret" and could only admit defeat. However, in the face of SoftBank's huge losses in performance, selling Alibaba shares, "seeking help" may be the best choice. Many people say that 2020 is the "darkest moment" for Masayoshi Son, but thanks to the high returns obtained from investing in Alibaba, he still has a certain amount of capital to "consume".
However, some industry insiders said that there were actually clues about SoftBank’s losses. Not only did WeWork's investment cause SoftBank to suffer heavy losses, but the investment in Uber projects also put pressure on SoftBank's funds. In addition to the previous investment projects and the bankruptcy filing, billions of dollars can only be wasted.
If you ask who "defeated" Masayoshi Son, I'm afraid the answer is not someone else, but himself. He was too confident in his investment, so he spent too much money, but it was too late to recover it. Masayoshi Son was indeed very visionary in investing in the past, but in recent years, his investment projects may have failed more. If he still keeps changing his mind and wants to "get in" any field, SoftBank may suffer greater losses in the future. The impact of Japan's economic setback on SoftBank is only one aspect, and the more important thing is that SoftBank's own cash flow is not sufficient. Therefore, even if Japan "unblocks", Masayoshi Son may not be able to "smile".
