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SoftBank Shares Fall After Record Earnings Fail To Impress

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Business Times
Business Times
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SoftBank Group's shares were down as much as 8.7% Thursday, despite a record profit in the March quarter, Bloomberg reported. The Tokyo-based multinational holding company reported Wednesday a record 4.03 trillion yen ($37 billion) profit from its Vision Fund unit from an investment gain on Coupang in the fourth quarter.