Arm was bought in 2016 by Japanese conglomerate Softbank in a deal worth 23.4 billion pounds.

Source: https://www.siasat.com/british-chip-giant-to-raise-usd-10-billion-in-biggest-stock-market-listing-this-year-2579804/

SoftBank, a Japanese conglomerate, is offering 95.5 million American depository shares of the United Kingdom-based Arm for $47 to $51 each and is aiming to pull in $4.87 billion on the high end, according to a regulatory filing.

Source: https://biztoc.com/x/753112a77e5f5dca?ref=ff

The Japanese conglomerate, known for its Vision Fund investment unit, said in May it will consider investing more aggressively after posting a smaller net loss in fiscal 2022 compared with a year earlier.

Source: https://japantoday.com/category/tech/refiling-loss-making-softbank-ready-for-counteroffensive-with-ai-ceo-says

The Japanese conglomerate said it now expects an operating profit of ¥95bn (€664m) in the year through March, down from a previous forecast of ¥125bn (€874m).

Source: https://www.irishexaminer.com/business/companies/arid-41071907.html