Latest SoftBank Group Corp News

Japan's SoftBank Group trims investment losses but remains in red for fiscal year

May. 13, 2024 05:21 AM EDT

TOKYO (AP) — SoftBank Group trimmed its losses for the fiscal year through March to about a quarter of the red ink it racked up a year earlier, as its investment losses declined, the Japanese technology company said Monday. Annual sales at Tokyo-based SoftBank Group Corp. rose...

Japanese game maker Sega Sammy sells resort to US fund

May. 10, 2024 01:17 AM EDT

TOKYO (AP) — Sega Sammy is selling its resort complex Seagaia to Fortress Investment Group of the U.S., the Japanese entertainment company said Friday. Tokyo-based Sega Sammy Holdings, the company behind the “Sonic the Hedgehog” video games, said it will sell all its shares in...