U.S. Immigration perspectives on U.S. immigrant life: According to a Reuters report on August 6, Masayoshi Son, President of Japan's SoftBank Group, stated at a financial results briefing on August 6 that he had considered temporarily selling the U.S. mobile subsidiary Sprint when it was struggling with poor performance. However, having seen the prospects for improving the communication network, he has absolutely no intention of selling the shares. In addition, President Son expressed his confidence in the company's stock price, noting that it is "slightly lower than its intrinsic value," and announced a share repurchase program. By March 31 of next year, the company will repurchase 20 million shares with a total value of up to 120 billion yen. President Son remarked that this is "a gesture of the management team's confidence in the stock price.
The Nikkei reported that while President Masayoshi Son candidly admitted that the U.S. subsidiary Sprint "currently lacks a competitive advantage," he pointed out that "since the end-user devices remain unchanged, network strengthening is critical for a telecommunications company." President Son stated that Sprint is currently improving its communication environment and will see development in the future.