SOFTBANK Group 3 months settlement until September 397.9 billion yen deficit

The SOFTBANK Group's financial results for the three months from July to September resulted in a net loss of 397.9 billion yen.

The main reason for this was the recording of a valuation loss on the shares of companies that own companies such as Coupang, an online shopping service in South Korea, and Diddy, a Chinese company that provides ride-hailing services.

Along with this, the final profit for the six months to September was 363.5 billion yen, a decrease of 80% compared to the same period of the previous year.