TOKYO -- SoftBank Group on Wednesday reported a record annual net profit for a Japanese company of 4.99 trillion yen ($45.8 billion), reflecting big investment gains in a strong year for its tech-heavy portfolio.
Japanese conglomerate's earnings boosted by Coupang IPO in Q4
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SoftBank Group chairman Masayoshi Son speaks during an online press conference on May 12. (Photo courtesy of SoftBank)
TOKYO -- SoftBank Group on Wednesday reported a record annual net profit for a Japanese company of 4.99 trillion yen ($45.8 billion), reflecting big investment gains in a strong year for its tech-heavy portfolio.