We believe there is enormous potential for entrepreneurial Internet ventures in key European markets.

We believe that the success achieved in assisting U.S.-based Internet companies to enter Japan can be duplicated for the U.K. and other countries.

In the early stages of Internet in Japan, many said that Japanese and Americans are different. There are 10 reasons why Japanese Internet is not taking off. I said none of them are right; it's just a time lag. And, of course, Japanese Internet took off.

SoftBank has had a lot of businesses, but they've always ranked, say, third in Japan or fourth in the U.S.

To have real success and roots in a society, there has to be a local champion, and hence we believe in identifying a local entrepreneur.

In tennis, you strike a ball just after the rebound for the fastest return. It's the same with investment.