| BUSINESSWEEK ONLINE : MARCH 6, 2000 ISSUE | ||||||||
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| INTERNATIONAL -- ASIAN COVER STORY
Japan's Busy Net Builders...And Two New Net 'Incubators' Japan's Busy Net Builders... SOFTBANK CORP. MASAYOSHI SON, 42, president and CEO, is the master Net empire builder. His conglomerate includes stakes in 300 Internet companies in the U.S., Japan and Europe. Today, Softbank manages about $4 billion in venture capital funds for global investments. MARKET CAP SALES $180 billion 4.5 billion STOCK PRICE OPERATING PROFITS $1648, up 139% in 3 months 161 million (fiscal year to 3/00)* HIKARI TSUSHIN INC. YASUMITSU SHIGETA, 35, has invested in more than 70 Web or mobile Net-based ventures in Japan and the U.S., including Tumbleweed Communications and Phone.com. Shigeta is also developing new businesses that take advantage of the growth of the Internet and mobile communications. MARKET CAP SALES $62.1 billion 2.4 billion STOCK PRICE OPERATING PROFITS $2009, up 25% in 3 months 51.5 million (fiscal year to 8/99) TRANS COSMOS INC. KOKI OKUDA, 63, has been making strategic investments in Real Networks, Liquid Audio, DoubleClick. Last year, his firm set up the local operations for Autobytel Japan. The company also formed a $100 million venture fund with Nikko Securities last November. MARKET CAP SALES $11.3 billion 454 million STOCK PRICE OPERATING PROFITS $465, up 152% in 3 months 44 million (fiscal year to 3/00)* INTERQ MASATOSHI KUMAGAI, 36, is Japan's newest Internet star. A high school dropout, Kumagai founded Voicemedia, a multimedia communications company. He took interQ public last August. In 1995, he moved into ISP services. Like Son and Shigeta, Kumagai is investing in promising startups. MARKET CAP SALES $7.7 billion 34.3 million STOCK PRICE OPERATING PROFITS $630, up 128% in 3 months 6.6 million (fiscal year to 12/99) *ESTIMATES BY MERRILL LYNCH AND TOKYO-MITSUBISHI SECURITIES ...And Two New Net ''Incubators'' NEOTENY JOICHI ITO, 33, chairman of Infoseek Japan, operates one of Japan's first venture incubators to provide seed financing and support services for startups. Ito is incubating four companies and in the next several years plans to launch dozens more. NETAGE KIYOSHI NISHIKAWA, a veteran of AOL Japan, created Japan's first Net venture incubator in 1998. Nishikawa helped launch Tokyo's Bit Valley. One of his first success stories was Net Dealers, an online assessment service for autos. It was sold to Microsoft's CarPoint. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
![]() RELATED ITEMS Japan's Net Builders (int'l edition) ASIA COVER IMAGE: Japan's Net Builders TABLE: Japan's Busy Net Builders...And Two New Net ``Incubators'' ONLINE ORIGINAL: "The Revolution Is Starting" ONLINE ORIGINAL: "On the Internet, Size Doesn't Matter" INTERACT E-Mail to Business Week Online | |||||||
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