US stock signals · May 13, 2024 0

<Asian Mkt>SoftBank Annual Loss Narrows by 77%; ~JPY1T Impairment on Investment in BABA During the Yr

Japan's SoftBank announced its full-year results for the year ended March. The loss was JPY227.646 billion, narrowed by 77% YoY. Basic loss per share was JPY170.99, and the final DPS was maintained at JPY22. Revenue for the year rose 2.8% YoY to JPY6,756.5 billion.

During the period, the realised and unrealised impairment of SoftBank's investment in BABA-SW (09988.HK)  +3.200 (+4.105%)    Short selling $653.21M; Ratio 10.287%   was JPY995.9 billion, offsetting an unrealised gain of JPY371.1 billion on investment in T-Mobile US (TMUS.US)      .

Within the year, SoftBank cashed out US$4.39 billion from the sale of BABA shares through prepaid forward contracts and US$5.12 billion from the listing of Arm (ARM.US)      .

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-13 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)