Japan Earns SoftBank

FILE – A woman walks past a SoftBank store in the Ginza shopping district in Tokyo on Jan. 20, 2020. Japanese technology company SoftBank Group Corp. continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn. But SoftBank’s April-June red ink, at 477.6 billion yen ($3.4 billion), was smaller than a year ago, when losses totaled 3.16 trillion yen ($22 billion), the Tokyo-based company said Tuesday, Aug. 8, 2023. (AP Photo/Eugene Hoshiko, File)