Softbank’s Vision fund adds close to $1b to quarter’s income

SoftBank Vision Fund
Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., gestures while speaking during a news conference in Tokyo, Japan, on Monday, Aug. 7, 2017. Photographer: Kiyoshi Ota/Bloomberg

Japan’s Softbank Group, that has been in the focus for its mega tech investment vehicle Softbank Vision Fund (SVF), has reported 50.1 per cent rise in its operating income to $4.3 billion (JPY 479.2 billion) for the three months ended June 30, thanks to close to a billion dollars contributed by the vision fund.

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