SoftBank Group profit decline for the first time in 4 years 39% decrease from the same period last year

SOFTBANK Group's financial results for the three months to June were 761.5 billion yen, a 39% decrease in final profit from the same period last year.

This was due to the reaction to boosting profits by selling the shares of Sprint, a major American mobile phone company, that it held last year.

This is the first time in four years that the final profit has declined.