TOKYO (Reuters) – Softbank Group Corp <9984.T> said on Monday it expects its $100 billion Vision Fund to book a loss of 1.8 trillion yen ($16.5 billion) in the financial year ended March due to the deteriorating performance of its tech bets.
The group as a whole is expected to post an operating loss of 1.35 trillion yen, SoftBank said in a statement.
(Reporting by Sam Nussey; Editing by Mark Potter)
