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The Independent UK
The Independent UK
National
Yuri Kageyama

Japan's SoftBank returns to profit after gains at Vision Fund and other investments

SoftBank Vision Fund Japan SoftBank Group WeWork
Japan Earns SoftBank Group - (Copyright 2020 The Associated Press. All rights reserved)

Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments.

Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period.

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