SoftBank Group Corp. said Thursday it posted a record net loss of 1.71 trillion yen ($13 billion) in the business year ended in March on investment losses after logging the highest profit for a Japanese company the previous year.The net loss is believed to be the second largest posted by a Japanese firm, after Mizuho Financial Group Inc. logged a 2.38 trillion yen loss in March 2003.The result was a nosedive from the record net profit of 4.99 trillion yen in fiscal 2020, as the values of global tech firms the company invested in dropped on their poor business performances amid the coronavir…READ FULL ARTICLE
