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(Update) SoftBank Group Logs Record Annual Net Loss

(Update) SoftBank Group Logs Record Annual Net Loss

   Tokyo, May 12 (Jiji Press)--SoftBank Group Corp. <9984> reported Thursday a record consolidated net loss of 1,708,029 million yen for fiscal 2021 that ended in March, clobbered by investment losses caused by falling stock prices globally.
   This is the second-largest net loss posted by a Japanese company, after the loss of 2,377.1 billion yen racked up by Mizuho Financial Group Inc. <8411> in fiscal 2002, according to a major brokerage house.

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AFP-JIJI PRESS NEWS JOURNAL


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