SoftBank Group's deficit of 1,364.6 billion yen: maximum record on May 18, 15:23
The SoftBank Group announced the financial results for the entire group for the fiscal year ended March 31, 2010, and the operating loss turned over from the year before the surplus of over 2 trillion yen, turning into a huge deficit of 1,364.6 billion yen. The final loss was 961.5 billion yen.
The reason is that the value of the investee company has declined due to the turmoil in the financial market against the backdrop of the spread of the new coronavirus.
It is the first time in 15 years that the SoftBank Group's annual financial results have been in the red or the final deficit.