SoftBank Group returns to profitability in April-June, 1st in 4 yrs
The net profit was a sharp turnaround from a net loss of 174.28 billion yen in the same quarter a year earlier, as investment gains in its flagship Vision Funds soared to 660.18 billion yen in the April-June quarter from 32.39 billion yen a year earlier.
Revenue for the April-June was up 7.0 percent at 1.82 trillion yen.
The company did not release its earnings forecast for the year through March 2026, citing uncertainties.
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