TechnologySoftBank poised to emerge from 'defense mode' with $38bn in coffers
Japanese tech giant weighs balance with 'offense' through renewed investment
Heavy losses in fiscal 2021 sent SoftBank Group into "defense mode," slashing investment and restructuring its fund operations. © Reuters
TAIZO WADA, Nikkei staff writer
TOKYO -- While SoftBank Group's earnings report Thursday showed that its woes are not yet over, the Japanese conglomerate is starting to consider shifting out of a defensive crouch that has bolstered its cash cushion and positioned it to pursue a more balanced strategy.