One of the Historic Loss!! Softbank Group reported Loss of $13 Billion

SoftBank Group- Historic Loss

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The Key reason of loss brought about by China's crackdown on the tech sector and rising interest rates.

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SoftBank Group- March 31, 2022 Report

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SoftBank's Vision Funds have been hit hard by the significant drop in tech valuations.

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SoftBank Group- Vision Fund Finance Sheet

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The fund has lost money on several of its investments, including $8 billion in China's Didi, $2.5 billion in Singapore's Grab.

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SoftBank Group- Nature of Investments

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If we have a look at the finance sheet of Softbank previous years with a profit of $38 billion (4.99 trillion yen) a year ago.

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Soft Bank Group- Swipe Up for More!!!

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SoftBank Group- Historic Loss

SoftBank Group posted its biggest-ever loss on Thursday, hurt by a global selloff in technology shares.

The Key reason of loss brought about by China's crackdown on the tech sector and rising interest rates.

SoftBank Group- Major Reason

SoftBank Group- March 31, 2022 Report

SoftBank Group reported a loss of $13 billion (1.7 trillion yen) for the financial year ended March 31, 2022.

SoftBank's Vision Funds have been hit hard by the significant drop in tech valuations.

SoftBank Group- Vision Fund

SoftBank Group- Vision Fund Finance Sheet

SoftBank's Vision Fund I and II and others saw a cumulative loss of $26.1 billion for the year compared gain of $61.1 billion in FY21.

The fund has lost money on several of its investments, including $8 billion in China's Didi, $2.5 billion in Singapore's Grab.

SoftBank Group- Lost Money of Investments

SoftBank Group- Nature of Investments

The value of SoftBank's investments tends to fluctuate sharply due to the nature of investments.

If we have a look at the finance sheet of Softbank previous years with a profit of $38 billion (4.99 trillion yen) a year ago.

SoftBank Group- Previous Year Finance Sheet

Soft Bank Group- Swipe Up for More!!!

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