Company and Percent

fund: It also boasted a 52 percent jump in net profit to 1.53 trillion for the same nine-month time frame. ; Soft Bank attributed the strong performance to the success of its Vision Fund and Delta Fund investments as the conglomerate transitions from a telecommunications company to an investment firm, according to The Japan Times. The funds' combined operating income was 808 billion, which accounts for 43 percent of the company's total. The group's operating profit rose to a record 1.85 trillion, a rise of 62 percent compared to the same period the previous year. In particular, the company said that the Vision Fund saw a valuation gain of 693.2 billion from the increase in the fair values of ride-hailing company Uber Technologies Inc., New York-based co-working firm WeWork Cos. and India's online hotel startup Oyo Rooms, as well as other investments. He also mentioned Soft Bank Group's debt at the gathering, as market watchers have grown uneasy over the course of several months. At a news conference Wednesday, founder Masayoshi Son said the Vision Fund would soon exceed 100 billion. (news.financializer.com). As reported in the news.