SoftBank Group Corp. announced a significant increase in net profit as a result of the adjusted value in its Vision Fund 1. The entire fund, which also accounts for non-investment metrics such as administrative expenses, profits, and losses from external investors, earned 373.1 billion yen.
The Japanese financial giant SoftBank reported improving its financial strength, earning 608.5 billion yen (3.96 billion dollars) thanks to the technological investments of the Vision Fund in the second financial quarter, which ended on September 30. This marks a significant quarterly growth compared to the previous profit of 204.3 billion yen in the first financial quarter.
