Group net profit was 4.99 trillion yen in the year ended March. That compares with an 962 billion yen loss a year earlier.
TOKYO: SoftBank Group Corp on Wednesday reported a 4.027 trillion yen ($36.99 billion) fourth-quarter profit at its Vision Fund unit after booking a gain on investment Coupang, underscoring its recovery a year after a record loss.
"It's clearly validation of Masa's thesis," Navneet Govil, Vision Fund's chief financial officer, told Reuters in an interview, referring to Masayoshi Son, the company founder and CEO.
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