TOKYO (Reuters) – A chastened Masayoshi Son summed up SoftBank Group Corp’s (9984.T) record $13 billion operating loss on stage this week with a striking image: unicorns tumbling into the “valley of the coronavirus”.
A graphic image entitled “Valley of Coronavirus”, as part of the SoftBank Group presentation slides, is shown in this undated handout image. SOFTBANK GROUP/Handout via REUTERS
Son’s presentations are more akin to the performances of Apple Inc (AAPL.O) co-founder Steve Jobs than the data-dense displays common in corporate Japan, with slides becoming an enduring part of the chief executive’s sales pitch.
While striking some observers as comical, the images, mixed with charts showing free cash flow and dividend policy, often outline central tenets of the businessman’s thinking.
Notable examples include SoftBank as a golden egg-laying goose that will reward with patience, or as tofu representing corporate wealth that the tech conglomerate will in the future…
Source Reuters Tech News
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