35 days ago • Posted by William Ramstein

Contrasting a falling Nikkei 225, SoftBank profits sets a new record in Japan

Net income was 1.93 trillion yen ($17.7 billion) for the three months ended March 31, the most for a listed Japanese company dating back to 1990, data compiled by Bloomberg show. Most of it came from SoftBank’s Vision Fund investment arm, whose 2.3 trillion yen profit was supercharged by the successful initial public offering of Coupang Inc. in March.

Source: Yahoo

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