SoftBank Vision Fund reports 255.78 billion yen Q1 investment gain

SoftBank said a 1.3 trillion yen gain tied to its Intel shareholding helped quarterly Vision Fund returns, while an earlier report had cited 5.43 billion yen in first-quarter profit and a 99% year-on-year drop.

Summary

SoftBank said its Vision Fund recorded a 255.78 billion yen investment gain in the first quarter, supported by 1.3 trillion yen in investment gains from holding Intel shares. An earlier report described first-quarter profit at 5.43 billion yen, down 99% from a year earlier, indicating the cited figures may refer to different metrics for the same period.

Terms & Concepts
  • Vision Fund: SoftBank's investment arm focused on technology and high-growth companies.
  • Investment gain: An increase in value or realized profit from investment holdings during a reporting period.
  • Intel shareholding: SoftBank's equity position in Intel, which the company said generated 1.3 trillion yen in investment gains in the quarter.