SoftBank Supports Japan Men’s National Basketball Team’s Olympic Qualification

The Japan Men’s National Team, which had the best record in Asia in the recent FIBA ​​Basketball World Cup 2023 Standings League, qualified for the Paris 2024 Olympic Games on its own for the first time in 48 years since the 1976 Montreal Games. In recognition of this acquisition, SoftBank Corp. (Representative Director, President and CEO: Junichi Miyagawa / Headquarters: Minato-ku, Tokyo / hereinafter referred to as “SoftBank”), the main sponsor of the Japan men’s national team, will provide support. We have decided to accept the offer, so we would like to inform you as follows.
We had received a proposal regarding this matter from Softbank before the Games, and now that we have won the right to participate in the Olympics, we have decided to accept their kindness.
The funds received this time will be used to reward the players and staff of the Japan men’s national team, and will also be used to further strengthen the men’s national team in preparation for the Paris 2024 Olympics.

■Reward details: Support money for the Japan men’s basketball team
[Support amount]Total amount: ¥100,000,000
[Applications]Used as rewards for players and staff and as costs for strengthening the men’s national team in the future.
*Incentive amounts for players and staff are not disclosed.

■Comment from Atsushi Shinba, Representative Director, Executive Vice President, and COO of SoftBank Corp.
“SoftBank has been supporting the Japan Basketball Association and the Japan men’s national team since 2016.The Japanese men’s national team’s never-give-up attitude at the World Cup held in Okinawa gave courage and inspiration to all of Japan. I hope that the Japanese men’s national team will continue to play an active role on the world stage.”

■Comment from Yuko Miya, President of the Japan Basketball Association
“In recognition of the fact that Japan’s men’s national basketball team has qualified for the Olympics on their own for the first time in 48 years since the 1976 Montreal Games, we have received support from SoftBank, the main sponsor of the Japan men’s national basketball team. We would like to take this opportunity to express our deep gratitude to Softbank for their understanding and support of the men’s national team.
On the other hand, although we achieved our goal of qualifying for the Paris 2024 Olympics, this World Cup served as a reminder that the world’s walls are still high and thick. Looking ahead to the Paris Olympics and beyond, the entire basketball world will continue to work together to continue moving forward and living up to the expectations and support of SoftBank and everyone else.”

2023-09-08 07:22:35
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