SoftBank’s $17.7 Billion Profit Sets New Record in Japan

SoftBank’s $17.7 Billion Profit Sets New Record in Japan

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses SoftBank's Vision Fund's successful investments, particularly in tech startups, leading to a strong financial performance. It highlights the significant impact of the South Korean e-commerce company Coupang's listing. Additionally, it covers SoftBank's buyback strategy, noting the completion of a 2.5 trillion yen buyback and the uncertainty of future buybacks. The buybacks were aimed at converting assets into cash rather than boosting share prices.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the purpose of the buyback according to the announcement?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What should investors expect regarding future buybacks based on the latest update?

Evaluate responses using AI:

OFF