BRIEF-Softbank Group: Vision Fund Unit Q3 Profit $8 Bln

Reuters · 02/08/2021 06:13
BRIEF-Softbank Group: Vision Fund Unit Q3 Profit $8 Bln

- SOFTBANK GROUP 9984.T:

  • VISION FUND UNIT Q3 PROFIT 844 BILLION YEN ($8.00 billion)

  • FAIR VALUE OF STAKES IN LISTED TECH COMPANIES $22 BILLION AT END-DEC

  • HELD STAKES IN COMPANIES INCLUDING TSMC AND 4D MOLECULAR THERAPEUTICS

  • FAIR VALUE OF OPTIONS AND FUTURES $1.06 BILLION AT END-DEC

  • NOTIONAL PRINCIPAL OF OPTIONS AND FUTURES $11 BILLION AT END-DEC

  • VISION FUND 1'S $76.3 BILLION INVESTMENT IN 82 START-UPS WAS WORTH $90 BILLION AT END-DEC

  • CUMULATIVE GROSS VF1 GAIN SINCE INCEPTION IS $20.4 BILLION

  • VISION FUND 2'S $4.3 BILLION INVESTMENT IN 26 START-UPS WAS WORTH $9.3 BILLION AT END-DEC

  • EXITED INVESTMENTS IN PING AN GOOD DOCTOR, SLACK, 10X GENOMICS

  • RECORDED INVESTMENT LOSS OF ¥301.4 BILLION FROM INVESTMENT IN LISTED STOCKS AND OTHER INSTRUMENTS

  • RECORDED GAINS ON INVESTMENTS IN DOORDASH AND UBER

  • VISION FUND 2 RECORDED 543 BILLION YEN GAIN ON STAKES IN KE HOLDINGS AND SEER

  • EXPECTS PORTFOLIO COMPANY VIEW TO MERGE WITH SPAC IN MARCH QUARTER

Further company coverage: 9984.T


($1 = 105.5200 yen)


(Reporting by Sam Nussey)