Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Japan's SoftBank records its first profit in 4 years
short by Shristi Acharya / on Tuesday, 13 May, 2025
Japan's SoftBank Group reported $7.78-billion profit in FY25, first time it reported an annual profit in four years, and a 7% rise in annual sales to $49 billion. This comes after its investment in Alibaba Group and others yielded profitable results. SoftBank's profit also came through its Vision Funds and investment in Arm, a British semiconductor and software design company.
read more at Reuters