SoftBank CEO Tells Wall Street He’s Eager to Keep Investing

SoftBank Group Corp., facing skepticism of its investment strategy, conveyed a message to Wall Street on Monday: Now is the time to invest.

Masayoshi Son, SoftBank’s founder and chief executive officer, told a roomful of fund managers and financial institutions at a private meeting in New York that recent market declines present an opportunity to take stakes in companies at discounted valuations, according to people who attended. He also argued that SoftBank is well-positioned to pick the winners. Son highlighted Arm Holdings, whose technology is the basis of most of the world’s smartphone processors, as an effective bet for SoftBank, despite intensifying scrutiny about the British company’s losses.