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SoftBank suffers as Son's bets on China tech backfire

Losses force Vision Fund founder into role as typical apologetic Japanese CEO

| Japan
Masayoshi Son, right, and Jack Ma at a news conference in Maihama, Japan in June 2020: Alibaba is the "only representative mega-win investment" in SoftBank's portfolio, in the view of one analyst.    © AP

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Perhaps no chief executive is having a more brutal August than Masayoshi Son.

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