Asymmetric Advisors' Anvarzadeh on SoftBank and Sony

The transcript discusses the investment challenges faced by SoftBank, highlighting its lack of transparency and the detachment of its earnings from share price reactions. It also covers the visibility issues in investment strategies, particularly in relation to Sony and Nintendo, and their market challenges. The discussion shifts to Rakuten, emphasizing its growth potential and strategic moves, such as synergies between businesses and asset transfers to Japan Post, which are expected to improve profit margins.

What is the primary factor that investors focus on to support or increase SoftBank's share price?

• Market expansion

• Earnings reports

• Buybacks

• New product launches

What is a significant challenge for SoftBank in terms of its investment appeal?

• Regulatory challenges

• High visibility in operations

• Strong market presence

• Consistent earnings growth

What is a major issue affecting Nintendo's market performance?

• New console releases

• Aging game consoles

• Increased competition

• High production costs

What potential impact could royalty fees have on Sony?

• Improved stability

• Pressure on financial stability

• Expansion into new markets

• Increase in market share

What is a key reason for Rakuten's potential growth according to the transcript?

• Increase in advertising budget

• Introduction of new products

• End of big spending plans for mobile infrastructure

• Expansion into international markets

What strategic move is expected to reduce costs for Rakuten?

• Partnership with international firms

• Launch of new e-commerce platform

• Transfer of logistics assets to Japan Post

• Increase in mobile subscribers

How does Rakuten plan to improve its profit margins?

• By increasing product prices

• Through aggressive marketing

• By reducing workforce

• Through strategic asset transfers