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SoftBank CEO Son plays up investment in U.S. to President Trump

SoftBank Chairman and CEO Masayoshi Son disclosed on Nov. 6 that he spoke directly with U.S. President Donald Trump during his visit to Japan and played up his company’s investment and contributions to employment in the U.S., and that this was welcomed by the President.

 

Son talked about this during his company’s earnings briefing held in Tokyo.

 

Son had met with then President-elect Trump in December last year and promised to invest 50 billion dollars in the U.S. (approximately 5.7000 trillion yen based on the exchange rate at that time) and create 50,000 jobs. Son told Trump, “I’ve achieved nearly half of this goal in the past year. Maybe I should double the investment.” Trump reportedly replied, “Masa, you’re incredible.”

 

Son said that he spoke individually with Trump after a meeting between the President and business leaders that was held on the morning of Nov. 6.

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