TOKYO -- SoftBank Group announced this week that its Vision Fund was in the red for the October-December 2019 period, marking a second consecutive negative quarter. Although the degree of deficit narrowed, performance has not yet recovered.
SoftBank said it will still launch a second Vision Fund but revealed it will be smaller than planned. And amid increasing pressure from a U.S. activist investor, the question of how the company expands investment while funding shareholder returns is growing more pressing.
Design by Akihiko Tamura and Ai Fujisawa, edit by Yoshifumi Uesaka, Sachiko Deshimaru and Yujin Yanaseko.