Tech firm Softbank reports 12% rise in first-quarter profits

Japanese technology giant SoftBank Group Corp has said its profit rose by 12% in the April-June period from a year earlier as its investments added to its coffers.

Tokyo-based SoftBank reported a fiscal first-quarter profit of 1.2 trillion yen (£8.78 billion) on Tuesday, up from 1.1 trillion yen (£7.92 billion) in the previous fiscal year.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

Subscribe

Limited offer valid for new and returning customers. Annual billed once for first year. Monthly (discount first 3 months) billed monthly, then €12/month. Ts&Cs apply.