SoftBank set for sharp quarterly profit drop amid pressure from Elliott

SoftBank set for sharp quarterly profit drop amid pressure from Elliott

Pedestrians walk past a SoftBank Group Corp. store in Tokyo, Japan. Photographer: Tomohiro Ohsumi

Japan’s SoftBank Group is expected to post a slide in profits for the past quarter, deepening concern about its ability to secure funding for a second Vision Fund and giving activist fund Elliott Management more fodder for a shake-up.

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