: SoftBank touts leverage reduction after record loss in Vision Fund segment

This post was originally published on this site

Japanese investment group SoftBank on Thursday touted a reduction in leverage after a year in which its main Vision Fund suffered a record loss.

SoftBank JP:9984 said its loss in year ending March 31 narrowed to 970.1 billion yen ($7.2 billion) from 1.71 trillion yen, while sales rose to 6.57 trillion yen from 6.22 trillion yen.

Its Vision…