Techlife News - USA (2020-08-15)

(Antfer) #1

SoftBank logged a loss in the fiscal year that
ended in March. It did not give a projection for
the current fiscal year that ends in March 2021.


Son said in an online news conference that the
company was defying the naysayers, including
analysts and reporters who had for years
predicted that SoftBank might collapse.


“Defense is the best offense,” he said, showing
photos of warring samurai.


He said the company has raised cash, its debts
are decreasing and his longtime vision of
a global digital shift was correct and being
accentuated by the virus outbreak.


“Our investor value is rising,” he said.

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