


SoftBank's Q2 investment loss was 699 billion yen, resulting in a net loss of 477.62 billion yen
SoftBank Group today announced its financial results for the first quarter of fiscal 2024 (April-June 2023). Net sales were 1.56 trillion yen, a year-on-year decrease of 0.9%. Based on the current exchange rate, this is equivalent to approximately 78.936 billion yuan

The net loss attributable to the owners of the parent company was 477.62 billion yen (currently approximately 24.168 billion yuan), the same period last year had a net loss of 3.2 trillion yen (currently approximately 161.92 billion yuan), and estimated income of 73.02 billion yen (currently approximately 3.695 billion yuan).
The announcement shows that SoftBank’s investment loss in the quarter was 699 billion yen (currently approximately 35.369 billion yuan), compared with a loss of 2.8344 billion yen in the same period last year (currently approximately 143.421 billion yuan) .


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