SoftBank Group Corp net income soars 36%, partly boosted by gains from Vision Fund

摘要

Japanese telecoms carrier to technology conglomerate SoftBank Group Corp has published its financial results for the twelve months ended 31 March 2019, with net profits surging 35.8% year-on-year to JPY1.41 trillion (USD12.8 billion) from JPY1.04 trillion, partly aided by gains from SoftBank Vision Fund, the subsidiary set up to specialize in growth capital and start-up investments. The Masayoshi Son-led carrier said that full-year turnover rose 4.8% to JPY9.60 trillion from JPY9.16 trillion, mainly attributable to a JPY2.05 trillion annualized increase in dividends from subsidiaries and associates, while operating income ballooned to JPY1.69 trillion from JPY384.63 billion, with operating income from SoftBank Vision Fund and Delta Fund contributing JPY1.26 trillion.