The SoftBank Group's three-month financial results from October to December last year were affected by the decline in stock prices of Chinese companies in which they invested, and the final profit exceeded 1 trillion yen from the same period last year. It decreased to 29 billion yen.
The final profit for the three months from October to December last year announced by SoftBank Group on the 8th was 29 billion yen.
The final profit for the same period last year was more than 1.17 trillion yen, a decrease of 97%.
As the Chinese government tightened its squeeze on its own IT companies, the stock prices of Chinese companies such as Didi, a ride-hailing service invested through its affiliated funds, fell sharply. Things and so on echoed.
In addition, the SOFTBANK Group's guideline for business performance, which is the value of shares held minus liabilities, is said to have decreased by more than 1 trillion yen during this period to more than 19 trillion yen.
President Masayoshi Son said at the press conference, "I told you that the storm was in the middle of the last press conference, but the storm may not be over and it may be getting stronger. Has also had a negative impact. "