SoftBank poised to emerge from 'defense mode' with $38bn in coffers

Japanese tech giant weighs balance with 'offense' through renewed investment

20230511N SoftBank logo

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.

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