SoftBank Group looking to ride AI unicorns into the future ZDNet

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SoftBank Group saw its operating income increase by 81% over the year to March 31, 2019, driven by its SoftBank Vision and Delta Funds more than tripling their operating income. Here's how it's related to artificial intelligence, how it works and why it matters. Overall, the SoftBank conglomerate took in ¥9.6 trillion in sales, an increase of 5%, from which it made ¥2.35 trillion in earnings before interest and taxes, up 81%, and ¥1.4 trillion of net income. Broken down, both of its telcos in the form of Sprint and SoftBank Corporation contributed around ¥3.7 trillion in sales, with Yahoo Japan making ¥947 billion in sales, and others making up the remaining ¥1.2 trillion. For operating income, the SoftBank Vision Fund hit ¥1.26 trillion, SoftBank made ¥725 billion, Sprint contributed ¥280 billion, and Yahoo Japan made ¥135 billion.

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