KEY POINTS
  • SoftBank reported a record $36.99 billion Vision Fund unit profit from a fourth-quarter investment gain on Coupang.
  • The results put it among the world's biggest earning firms a year after an unprecedented loss.
  • Group net profit was $45.88 billion in the year ended March, topping the $42.5 billion made by Warren Buffett's Berkshire Hathaway in its last business year.

In this article

SoftBank on Wednesday reported a record 4.03 trillion yen ($36.99 billion) Vision Fund unit profit from a fourth-quarter investment gain on Coupang, putting it among the world's biggest earning firms a year after an unprecedented loss.

Group net profit was 4.99 trillion yen ($45.88 billion) in the year ended March, topping the $42.5 billion made by Warren Buffett's Berkshire Hathaway in its last business year. The annual profit is the largest posted by a Japanese company to date, according to reports from The New York Times and Wall Street Journal.

In this article