SoftBank Overtakes Toyota as Japan’s Most Valuable Company


“SoftBank has concentrated its management resources on AI-related businesses and has successfully ridden the broader global tech rally,” said Tomo Kinoshita, a global market strategist at Invesco Asset Management Japan Ltd. “Toyota, meanwhile, has been hit by rising oil prices stemming from the Iran war, which raises the cost of operating vehicles and weighs on global auto demand.”



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