SoftBank Vision Fund posts first annual gain in 3 years, $4.6 billion

SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended in March, the first time the flagship tech investment arm has been in the black since 2021.

For the full fiscal year, SoftBank’s Vision Fund segment posted a profit of 128.2 billion yen, compared with a 4.3 trillion yen loss the year before.

A recovery in the Vision Fund helped SoftBank Group swing to a profit in the fiscal fourth quarter that ended in March.