Teller Report

SOFTBANK GROUP Continues operating deficit

2/12/2020, 7:52:55 AM

SoftBank Group Corp. announced that the operating income for the entire group for the nine months to December last year was a loss of 12.9 billion yen…


SOFTBANK GROUP Continues operating deficit 15:22 on February 12 due to management deterioration of investees

SoftBank Group Corp. announced that its operating income was a loss of ¥ 12.9 billion in the nine months ended December 31, 2012. Compared to the same period of the previous year when the surplus was about 1.8 trillion yen, the operating deficit in this period is the first time in 15 years.

Deterioration of investees continued to hurt their own business results, mainly due to the huge loss recorded by the fund managed by WeWork, a major US share office, which deteriorated. is.