SoftBank is back in the black, after earlier this year posting its worst results in the company’s history
TOKYO—SoftBank Group Corp. returned to the black after big investment losses last fiscal year, reporting a ¥1.26 trillion net profit in the April-June quarter.
SoftBank lost $9 billion in the year ended in March—the worst results in the company’s history—after its technology-focused $100 billion Vision Fund posted an investment loss of nearly $17 billion.
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