SoftBank's Vision Fund reports 5.28 trillion yen investment loss

SoftBank Group shares fell after its Vision Fund investment arm lost 5.28 trillion yen for the full year. SoftBank Group shares fell after its Vision Fund investment arm lost again in the final quarter despite a rally in technology stocks. SoftBank shares fell as much as 3.9 percent in early trading in Tokyo on Friday, its biggest drop in nearly two months. The Vision Fund lost 297.5 billion yen in the three months ended in March. The loss was 2.2 trillion yen in the same period last year. The Vision Fund, which was established in 2017, lost 4.3 trillion yen for the full year ended March 31. It lost 2.6 trillion yen in the previous fiscal year. The full-year investment loss was 5.28 trillion yen.