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Japan’s tech empire shows heavy losses. As for its founder, so talkative in the past, he is becoming more and more discreet…
From our correspondent in Japan, Karyn Nishimura
© STR / JIJI PRESS / AFP
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Ihe quarry is severe for SoftBank Group: the empire of Japanese billionaire Masayoshi Son posted a net loss of 6.5 billion euros, between April and December 2022. What does the sixty-year-old think? Not so long ago, the founder of this technology-focused group took center stage during earnings conferences. Endless moments, during which he took pleasure in giving real lessons of investment in the nuggets of high-tech. But, the day of the announcement of these poor results, Tuesday, February 7, the boss Son was not doing the show. He, to whom money burns his fingers, had warned in November, in heavy weather, that he had to entrust the purse strings to a more careful manager. Either.
The CEO and first actua…