SoftBank faces a $130bn question: Is the worst over?

Conglomerate's 'valuation discount' is wider than ever ahead of expected Q2 loss

20191101 Son

SoftBank CEO Masayoshi Son will present the company's second-quarter earnings on Wednesday, after the group has had to face a series of problems among its more high-profile investments, particularly WeWork.

WATARU SUZUKI and JADA NAGUMO, Nikkei staff writers

TOKYO -- Last week, Masayoshi Son addressed a nearly empty room at a conference in Saudi Arabia. By contrast, when the CEO of SoftBank Group presents his company's earnings in Tokyo this week he will face a barrage of questions. One may even be: Was it all worth it?

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