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SoftBank swings to Q4 profit as comeback gains steam

Japanese technology giant SoftBank Group swung to a quarterly profit today from a year earlier, reporting a net profit of 328.9 billion yen ($2.11 billion) for the three months from January to March.
Business • 13 May 24

SoftBank posts loss as Vision Fund in the red again

SoftBank Group has today booked a net loss for October-December, as its giant Vision Fund investment unit remained in the red for a fourth quarter in a row while a global tech sell-off battered valuations of its portfolio companies.
Business • 07 Feb 23

SoftBank plans Vision Fund job cuts after record loss

SoftBank Group is planning to cut headcount at its flagship Vision Fund investing arm, CEO Masayoshi Son said today, after a crash in the value of its portfolio pushed his conglomerate to a record quarterly net loss.
Business • 08 Aug 22

SoftBank Vision Fund posts $18 billion operating loss

Japan's SoftBank Group has today reported an annual 1.9 trillion yen ($18 billion) operating loss at its gargantuan Vision Fund, as its tech bets slid below cost, pushing the group to its largest-ever loss.
Business • 18 May 20

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