ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
SoftBank

SoftBank shares hit fresh high on Vision Fund turnaround

Tech investor on track for seven-day winning streak

SoftBank Group’s share price has risen 24% since the start of the year, beating the benchmark Nikkei 225 index's 7% gain.   © Reuters

TOKYO -- SoftBank Group's share price rose more than 5% on Tuesday and edged closer to a record high, after the technology investor reported strong earnings from its Vision Fund on Monday.

SoftBank opened 5% higher, at 9,956 yen, before surpassing the 10,000 yen mark for the first time since February 2000, after accounting for stock splits, and reached 10,140 yen at it highest point. It closed at 9,808 yen, up 3.4%. 

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more