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SoftBank Group Posts 1st Black Ink in 4 Years

SoftBank Group Posts 1st Black Ink in 4 Years

   Tokyo, May 13 (Jiji Press)--SoftBank Group Corp. said Tuesday that it posted a consolidated net profit of 1,153.3 billion yen for the year ended this March, its first black ink in four years, against the previous year's loss of 227.6 billion yen.
   The group invests in artificial intelligence-related and other emerging companies worldwide through its SoftBank Vision Fund. Depending on these companies' stock value, its performance tends to show large fluctuations.

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AFP-JIJI PRESS NEWS JOURNAL


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